Akili CFO Santosh Shanbhag resigns; CEO Matthew Franklin to assume principal financial officer role

Akili, Inc.

CFO Santosh Shanbhag resigns effective Jan 12, 2024, to pursue another opportunity; no disagreement cited.
CEO Matthew Franklin will serve as principal financial and accounting officer (additional role) effective Jan 12.
Franklin has been CEO since Oct 2023; previously President/COO; background includes Exact Sciences, ArcherDX, Foundation Medicine.
Franklin will not receive additional compensation for the added finance duties.

item 5.02

Executive movements

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Departed

Santosh Shanbhag

Chief Financial Officer and Treasurer

Akili, Inc.

Effective: 2024-01-12
Successor: Matthew Franklin
Filed: January 5, 2024, 6:59 PM ET

On January 3, 2024, Santosh Shanbhag submitted his resignation as Chief Financial Officer and Treasurer of Akili, Inc. (the “Company”), and as principal financial officer (“PFO”) and principal accounting officer (“PAO”) of the Company, in each case effective as of January 12, 2024

Role change

Matthew Franklin

Principal Financial Officer and Principal Accounting Officer

Akili, Inc.

Effective: 2024-01-12
Filed: January 5, 2024, 6:59 PM ET

Matthew Franklin, the Company’s President and Chief Executive Officer, will assume the duties of PFO and PAO of the Company on the Effective Date.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Santosh Shanbhag resigned as Chief Financial Officer and Treasurer at Akili, Inc..

Action: resigned
Role: Chief Financial Officer and Treasurer

Exact text from the filing

On January 3, 2024, Santosh Shanbhag submitted his resignation as Chief Financial Officer and Treasurer of Akili, Inc. (the “Company”), and as principal financial officer (“PFO”) and principal accounting officer (“PAO”) of the Company, in each case effective as of January 12, 2024

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Matthew Franklin changed role as Principal Financial Officer and Principal Accounting Officer at Akili, Inc..

Action: assumed duties of
Role: Principal Financial Officer and Principal Accounting Officer

Exact text from the filing

Matthew Franklin, the Company’s President and Chief Executive Officer, will assume the duties of PFO and PAO of the Company on the Effective Date.

View on SEC.gov

Source: SEC EDGAR

accession 0001193125-24-003383

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