STAAR Surgical appoints interim co-CEOs after CEO Farrell steps down; global CEO search launched

STAAR SURGICAL CO

Stephen C. Farrell stepped down as CEO effective Jan 31, 2026, per prior cooperation agreement with Broadwood Partners.
Warren Foust (President/COO) and Deborah Andrews (CFO) named interim co-CEOs effective Feb 1, 2026.
Board's Search Committee launched global CEO search; internal and external candidates considered.
Foust and Andrews each awarded $375,000 in RSUs vesting Aug 1, 2026, for interim service.
Foust's letter agreement includes additional severance if not offered permanent CEO role.

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