secwatch.observer — SEC 8-K summary
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Issuer:     American Well Corp (AMWL)
CIK:        0001393584
Form:       8-K
Filed at:   2024-12-18T23:59:59+00:00
Accession:  0000950170-24-137929
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Amwell CFO Mark Hirschhorn adds COO role; two senior executives depart
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- Hirschhorn to serve as both CFO and COO effective Jan. 1, 2025; salary increased to $575,000, bonus target 125%.
- Kathy Weiler (Chief Commercial & Growth Officer) to depart Dec. 31, 2024; will receive 2024 target bonus in lump sum.
- COO Kurt Knight also departing at year-end after 14-year tenure; no separation details provided.
- Hirschhorn's 2024 annual bonus set at $500,000 per amendment filed.
- Company reiterates confidence in path to cash flow positive in 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1393584/000095017024137929/0000950170-24-137929-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1393584/000095017024137929/amwl-20241217.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-137929

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer