Palladyne AI appoints Michael Young to board; Laura Peterson retires

Palladyne AI Corp.

Michael T. Young appointed as Class III director, effective Feb 24, 2025; also joins Compensation & Strategic Transaction Committees.
Young brings 35+ years experience, including leading Caterpillar Ventures and M&A Asia Pacific; former Dell China CFO.
Laura J. Peterson retired from Board and all positions effective Feb 23, 2025; she served as Executive Vice Chair and previously CEO.
Peterson's retirement is not due to any disagreement with the Company.
Young will receive compensation per outside director policy and enter standard indemnification agreement.

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

Laura J. Peterson

Executive Vice Chair and a member of the Board

PDYN · Palladyne AI Corp.

Effective: 2025-02-23
Filed: February 19, 2025, 6:59 PM ET

Laura J. Peterson, Executive Vice Chair and a member of the Board, notified the Company of her retirement from the Board and all positions with the Company, effective February 23, 2025.

Appointed

Michael T. Young

Class III Director

PDYN · Palladyne AI Corp.

Effective: 2025-02-24
Filed: February 19, 2025, 6:59 PM ET

appointed Michael T. Young to serve as a Class III director of the Company, effective as of February 24, 2025

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Laura J. Peterson retired as Executive Vice Chair and a member of the Board at Palladyne AI Corp..

Action: retired
Role: Executive Vice Chair and a member of the Board

Exact text from the filing

Laura J. Peterson, Executive Vice Chair and a member of the Board, notified the Company of her retirement from the Board and all positions with the Company, effective February 23, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael T. Young was appointed as Class III Director at Palladyne AI Corp..

Action: appointed
Role: Class III Director

Exact text from the filing

appointed Michael T. Young to serve as a Class III director of the Company, effective as of February 24, 2025

View on SEC.gov

Palladyne AI Corp. filing history →

Source: SEC EDGAR

accession 0000950170-25-023122

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