Applied Energetics appoints Stephen McCahon as Chief Science Officer, effective May 1, 2023

APPLIED ENERGETICS, INC.

Salary set at $300K annualized for 2023, $325K for 2024, $350K for 2025.
Initial term through December 2025 with automatic one-year renewals.
Dr. McCahon is a co-founder and beneficially owns ~7% of company common stock.
He previously served as Chief Scientist under a consulting agreement terminated by this employment agreement.
Agreement includes standard non-compete (1 year) and non-solicitation (2 years) covenants.

item 1.01 item 5.02 item 9.01

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Appointed

Stephen W. McCahon

Chief Science Officer

AERG · APPLIED ENERGETICS, INC.

Effective: 2023-05-01
Filed: May 5, 2023, 7:59 PM ET

Effective May 1, 2023, the board of directors of Applied Energetics appointed Stephen W. McCahon, age 64, to serve as Chief Science Officer.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Stephen W. McCahon was appointed as Chief Science Officer at APPLIED ENERGETICS, INC..

Action: appointed
Role: Chief Science Officer

Exact text from the filing

Effective May 1, 2023, the board of directors of Applied Energetics appointed Stephen W. McCahon, age 64, to serve as Chief Science Officer.

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APPLIED ENERGETICS, INC. filing history →

Source: SEC EDGAR

accession 0001213900-23-036777

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