secwatch.observer — SEC 8-K summary
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Issuer:     American Well Corp (AMWL)
CIK:        0001393584
Form:       8-K
Filed at:   2024-06-13T23:59:59+00:00
Accession:  0000950170-24-073146
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Amwell co-CEO Roy Schoenberg becomes Executive Vice Chairman; Ido Schoenberg sole CEO
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- Roy Schoenberg resigned as President & Co-CEO effective June 13, 2024, appointed Executive Vice Chairman.
- Ido Schoenberg assumes role of sole Chief Executive Officer.
- Roy Schoenberg receives $325k base salary, 150% target bonus, and $1.95M transition benefits with equity acceleration (excluding PSUs).
- Non-competition and non-solicitation restrictions apply for 24 months post-termination.
- Resignation involved no disagreement with company operations, policies, or practices.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1393584/000095017024073146/0000950170-24-073146-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1393584/000095017024073146/amwl-20240613.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-073146

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