secwatch.observer — SEC 8-K summary
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Issuer:     STAAR SURGICAL CO (STAA)
CIK:        0000718937
Form:       8-K
Filed at:   2026-02-02T23:59:59+00:00
Accession:  0001193125-26-032630
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/718937/000119312526032630/0001193125-26-032630-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/718937/000119312526032630/staa-20260201.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-032630

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