CEO J. Melville Engle to retire effective Oct 31, 2022; board initiates successor search

Axe Compute Inc.

CEO Engle announces retirement, stepping down as Chairman and board member effective October 31, 2022.
Transition & Separation Agreement provides $524,400 severance (1 yr base salary), $139K pro-rata bonus, and accelerated vesting of 300,000 RSUs.
Governance committee conducting CEO search; Engle will remain in role through October 31 for orderly transition.
CFO Bob Myers cited Engle's role in acquiring zPREDICTA and expanding oncology drug development offerings.

item 5.02 item 9.01

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Departed

J. Melville Engle

Chief Executive Officer

AGPU · Axe Compute Inc.

Effective: 2022-10-31
Filed: September 16, 2022, 7:59 PM ET

On September 15, 2022, J. Melville Engle announced that he will retire as the Chief Executive Officer of Predictive Oncology Inc. (the “Company”) and as Chairman and a member of the Company’s board of directors, effective October 31, 2022.

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Executive change SEC 8-K Item 5.02 confidence 1.0

J. Melville Engle departed as Chief Executive Officer at Axe Compute Inc..

Action: retire
Role: Chief Executive Officer

Exact text from the filing

On September 15, 2022, J. Melville Engle announced that he will retire as the Chief Executive Officer of Predictive Oncology Inc. (the “Company”) and as Chairman and a member of the Company’s board of directors, effective October 31, 2022.

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Axe Compute Inc. filing history →

Source: SEC EDGAR

accession 0001171843-22-006123

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