secwatch / observer
8-K filed October 6, 2023, 7:59 PM ET CIK 0001850266
leadership confidence high sentiment neutral materiality 0.70

Akili CEO Martucci steps down to Board Chair; COO Matt Franklin appointed CEO

Akili, Inc.

item 5.02item 7.01item 9.01

Executive movements

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

Role change

Matthew Franklin

President and Chief Executive Officer
Akili, Inc.
Effective
2023-10-05
Filed
October 6, 2023, 7:59 PM ET
the appointment of Matthew Franklin, the Company’s President and Chief Operating Officer, to President and Chief Executive Officer and principal executive officer of the Company, effective as of the Transition Date.
Departed

Chamath Palihapitiya

Chair of the Board
Akili, Inc.
Effective
2023-10-04
Successor
Matthew Franklin
Filed
October 6, 2023, 7:59 PM ET
Mr. Palihapitiya informed the Board of his resignation, effective immediately, on October 4, 2023 and his resignation was not due to any disagreement with the Company.
Role change

W. Edward Martucci II

Chair of the Board
Akili, Inc.
Effective
2023-10-05
Filed
October 6, 2023, 7:59 PM ET
approved a leadership transition of W. Edward Martucci II, Ph.D., one of the Company’s co-founders, from Chief Executive Officer of the Company to Chair of the Board and an advisor to the Company
Appointed

Matthew Franklin

Director
Akili, Inc.
Effective
2023-10-05
Filed
October 6, 2023, 7:59 PM ET
On the Transition Date, the Board also elected Mr. Franklin as a member of the Board, effective as of the Transition Date, filling the director vacancy resulting from Chamath Palihapitiya’s resignation from the Board (and from his role as Chair of the Board).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Matthew Franklin was appointed as President and Chief Executive Officer at Akili, Inc..

Action
appointed
Role
President and Chief Executive Officer
Exact text from the filing
the appointment of Matthew Franklin, the Company’s President and Chief Operating Officer, to President and Chief Executive Officer and principal executive officer of the Company, effective as of the Transition Date.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 1.0

Chamath Palihapitiya resigned as Chair of the Board at Akili, Inc..

Action
resigned
Role
Chair of the Board
Exact text from the filing
Mr. Palihapitiya informed the Board of his resignation, effective immediately, on October 4, 2023 and his resignation was not due to any disagreement with the Company.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 1.0

W. Edward Martucci II was appointed as Chair of the Board at Akili, Inc..

Action
appointed
Role
Chair of the Board
Exact text from the filing
approved a leadership transition of W. Edward Martucci II, Ph.D., one of the Company’s co-founders, from Chief Executive Officer of the Company to Chair of the Board and an advisor to the Company
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 1.0

Matthew Franklin was elected as Director at Akili, Inc..

Action
elected
Role
Director
Exact text from the filing
On the Transition Date, the Board also elected Mr. Franklin as a member of the Board, effective as of the Transition Date, filling the director vacancy resulting from Chamath Palihapitiya’s resignation from the Board (and from his role as Chair of the Board).
View on SEC.gov
Source: SEC EDGAR
accession 0001193125-23-251935
view filing index on sec.gov
view primary document
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.