IRIDEX appoints Patrick Mercer as President; CEO focuses on strategic alternatives

IRIDEX CORP

Patrick Mercer appointed President, effective May 22, 2024; remains COO with expanded operational focus.
CEO David Bruce will concentrate on pursuing strategic alternatives for the company.
Mercer's base salary increased to $360,000; granted 120,000 RSUs vesting one-third annually over three years.
RSU award subject to continued employment and IRIDEX's 2008 Equity Incentive Plan.

item 5.02 item 9.01

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Role change

Patrick Mercer

President

IRIX · IRIDEX CORP

Effective: 2024-05-22
Filed: May 24, 2024, 7:59 PM ET

On May 22, 2024, the board of directors (the “Board”) of IRIDEX Corporation(the “Company”) appointed Patrick Mercer as its President, effective as of such date.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Patrick Mercer was appointed as President at IRIDEX CORP.

Action: appointed
Role: President

Exact text from the filing

On May 22, 2024, the board of directors (the “Board”) of IRIDEX Corporation(the “Company”) appointed Patrick Mercer as its President, effective as of such date.

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IRIDEX CORP filing history →

Source: SEC EDGAR

accession 0000950170-24-064595

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