secwatch.observer — SEC 8-K summary
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Issuer:     Energous Corp (WATT)
CIK:        0001575793
Form:       8-K
Filed at:   2024-03-26T23:59:59+00:00
Accession:  0001104659-24-038750
Event type: leadership
Sentiment:  negative
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Energous CEO Cesar Johnston steps down; Mallorie Burak named interim principal executive officer
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- Cesar Johnston no longer President & CEO effective March 24, 2024; remains on Board of Directors.
- Board initiated search for permanent CEO; CFO Mallorie Burak appointed interim principal executive officer.
- Burak receives $75,000 special bonus for dual CFO and principal executive officer role.
- Office of the Chair established, composed of Chair Reynette Au and Burak, overseeing strategic planning.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1575793/000110465924038750/0001104659-24-038750-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1575793/000110465924038750/tm249789d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-038750

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