leadership
confidence high
sentiment neutral
materiality 0.55
Neuronetics amends consulting agreement with interim PAO Brown to $26k/month until full-time roles filled
Neuronetics, Inc.
- Francis X. Brown III continues as Interim Principal Financial and Accounting Officer under amended agreement dated May 18, 2026.
- Compensation changed from fixed $25,000 fee to ongoing $26,000 monthly rate.
- Agreement ends when Neuronetics hires a full-time controller and principal financial and accounting officer.
- Brown provides controller functions and service as interim PAO; non-compete covers TMS therapy and Greenbrook treatment modalities.
- Prior interim PAO agreement terminated on May 5, 2026 after filing Q1 2026 Form 10-Q.