Aware CEO Robert Eckel to depart Dec 31, 2024; severance and non-compete agreed

AWARE INC /MA/

CEO Robert A. Eckel to leave as CEO and Board member effective December 31, 2024.
Separation agreement includes $318,270 salary continuation for 12 months and accelerated vesting of time-based awards through Dec 31, 2025.
Eckel eligible for 2024 bonus per Board-set metrics; non-compete covenant through Dec 31, 2025.
Board engaged executive search firm and appointed strategic advisor to refine market position and growth.

item 1.01 item 5.02 item 9.01

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Departed

Robert A. Eckel

Chief Executive Officer and President

AWRE · AWARE INC /MA/

Effective: 2024-12-31
Filed: October 30, 2024, 7:59 PM ET

Aware, Inc. (the “Company”) and Robert A. Eckel, the Company’s Chief Executive Officer and President and a member of the Company’s Board of Directors (the “Board”), agreed that Mr. Eckel would leave the Company and the Board, effective December 31, 2024.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Robert A. Eckel departed as Chief Executive Officer and President at AWARE INC /MA/.

Action: leave
Role: Chief Executive Officer and President

Exact text from the filing

Aware, Inc. (the “Company”) and Robert A. Eckel, the Company’s Chief Executive Officer and President and a member of the Company’s Board of Directors (the “Board”), agreed that Mr. Eckel would leave the Company and the Board, effective December 31, 2024.

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AWARE INC /MA/ filing history →

Source: SEC EDGAR

accession 0000950170-24-119136

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