Predictive Oncology appoints Raymond Vennare as CEO and Chairman, replaces retiring J. Melville Engle

Axe Compute Inc.

Raymond Vennare appointed CEO and Chairman effective Nov 1, 2022, succeeding J. Melville Engle retiring Oct 31.
Annual base salary of $525,000; eligible for annual cash bonus up to 50% of salary.
Award of 300,000 RSUs with performance-based vesting over three years (target).
Severance: 12 months base salary plus prorated bonus if terminated without cause or resigns for good reason.
Press release highlights Vennare's 30+ years in biotech and informatics.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Raymond F. Vennare

Chief Executive Officer

AGPU · Axe Compute Inc.

Effective: 2022-11-01
Filed: October 20, 2022, 7:59 PM ET

the Company appointed Raymond F. Vennare, age 70, to succeed Mr. Engle as Chief Executive Officer

Departed

J. Melville Engle

Chief Executive Officer and Chairman

AGPU · Axe Compute Inc.

Effective: 2022-10-31
Successor: Raymond F. Vennare
Filed: October 20, 2022, 7:59 PM ET

J. Melville Engle would be retiring as the Company’s Chief Executive Officer and as Chairman and a member of the Company’s board of directors, effective October 31, 2022.

Appointed

Raymond F. Vennare

Chairman of the Board

AGPU · Axe Compute Inc.

Effective: 2022-10-31
Filed: October 20, 2022, 7:59 PM ET

the Board of Directors of the Company appointed Raymond F. Vennare as Chairman of the Board, effective upon Mr. Engle’s retirement.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Raymond F. Vennare was appointed as Chief Executive Officer at Axe Compute Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

the Company appointed Raymond F. Vennare, age 70, to succeed Mr. Engle as Chief Executive Officer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

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

Action: retiring
Role: Chief Executive Officer and Chairman

Exact text from the filing

J. Melville Engle would be retiring as the Company’s Chief Executive Officer and as Chairman and a member of the Company’s board of directors, effective October 31, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Raymond F. Vennare was appointed as Chairman of the Board at Axe Compute Inc..

Action: appointed
Role: Chairman of the Board

Exact text from the filing

the Board of Directors of the Company appointed Raymond F. Vennare as Chairman of the Board, effective upon Mr. Engle’s retirement.

View on SEC.gov

Axe Compute Inc. filing history →

Source: SEC EDGAR

accession 0001171843-22-006659

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