Iridex appoints Patrick Mercer as CEO; strategic review for potential transaction ongoing

IRIDEX CORP

Patrick Mercer named CEO and President effective Oct 1, 2024; previously COO and President.
David Bruce transitions out; Scott Shuda appointed Executive Chairman.
Board believes leadership change may accelerate strategic review process for a potential transaction.
Company engaged in discussions with multiple entities regarding potential transactions.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

David I. Bruce

Chief Executive Officer

IRIX · IRIDEX CORP

Effective: 2024-10-01
Successor: Patrick Mercer
Filed: October 3, 2024, 7:59 PM ET

replacing David I. Bruce in such roles

Appointed

Scott Shuda

Executive Chairperson

IRIX · IRIDEX CORP

Effective: 2024-10-01
Filed: October 3, 2024, 7:59 PM ET

On October 1, 2024, the Board appointed Scott Shuda as the Board’s Executive Chairperson, effective as of such date.

Appointed

Patrick Mercer

Chief Executive Officer

IRIX · IRIDEX CORP

Effective: 2024-10-01
Filed: October 3, 2024, 7:59 PM ET

On October 1, 2024, the board of directors (the “Board”) of IRIDEX Corporation (the “Company”) appointed Patrick Mercer as its Chief Executive Officer and designated Mr. Mercer as the Company’s principal executive officer for purposes of the rules and regulations of the Securities and Exchange Commission (the “SEC”), effective as of such date, replacing David I. Bruce in such roles.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

David I. Bruce changed role as Chief Executive Officer at IRIDEX CORP.

Action: transitioning out
Role: Chief Executive Officer

Exact text from the filing

replacing David I. Bruce in such roles

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Scott Shuda was appointed as Executive Chairperson at IRIDEX CORP.

Action: appointed
Role: Executive Chairperson

Exact text from the filing

On October 1, 2024, the Board appointed Scott Shuda as the Board’s Executive Chairperson, effective as of such date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Patrick Mercer was appointed as Chief Executive Officer at IRIDEX CORP.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On October 1, 2024, the board of directors (the “Board”) of IRIDEX Corporation (the “Company”) appointed Patrick Mercer as its Chief Executive Officer and designated Mr. Mercer as the Company’s principal executive officer for purposes of the rules and regulations of the Securities and Exchange Commission (the “SEC”), effective as of such date, replacing David I. Bruce in such roles.

View on SEC.gov

IRIDEX CORP filing history →

Source: SEC EDGAR

accession 0000950170-24-112474

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