---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-066681"
form_type: "8-K"
ticker: null
cik: "0001584754"
company_name: "ATECH (PARENT) RESOLUTION CORP."
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T10:55:22.891851+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Akoustis CEO Shealy resigns; Cheema named interim; three board members exit

## Summary
- CEO Jeff Shealy resigned effective Aug 6, 2024; receives $400k cash severance.
- Kamran Cheema appointed interim CEO; salary $408,256, target bonus $335k.
- Three directors resigned Aug 2-7: Petock, Rudy, McMahon; no disagreements cited.
- New directors Jill Frizzley and Matthew Kahn appointed Aug 7; each gets $30k/month.
- CFO Kenneth Boller now eligible for $160k target bonus under CMPP.

## SEC filing metadata
- accession: 0001213900-24-066681
- form_type: 8-K
- cik: 0001584754
- company_name: ATECH (PARENT) RESOLUTION CORP.
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1584754/000121390024066681/0001213900-24-066681-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1584754/000121390024066681/ea0210541-8k_akoustis.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-066681
- JSON: https://secwatch.observer/filing/0001213900-24-066681.json
- Plain text: https://secwatch.observer/filing/0001213900-24-066681.txt

## Key facts
- Executive change
  Jeffrey B. Shealy resigned as Chief Executive Officer at ATECH (PARENT) RESOLUTION CORP..
  - Action: resigned
  - Role: Chief Executive Officer
  source text: On August 6, 2024, Akoustis Technologies, Inc. (the “Company”) and Jeffrey B. Shealy mutually agreed on Mr. Shealy’s resignation as the Company’s Chief Executive Officer and as a member of the Board of Directors (the “Board”) effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584754/000121390024066681/0001213900-24-066681-index.htm
- Executive change
  Kamran Cheema was appointed as Interim Chief Executive Officer at ATECH (PARENT) RESOLUTION CORP..
  - Action: appointed
  - Role: Interim Chief Executive Officer
  source text: On August 8, 2024, the Company announced Mr. Shealy’s resignation and the appointment of Kamran Cheema, age 51, as Interim Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584754/000121390024066681/0001213900-24-066681-index.htm
- Executive change
  Jill Frizzley was appointed as Member of the Board of Directors at ATECH (PARENT) RESOLUTION CORP..
  - Action: appointed
  - Role: Member of the Board of Directors
  source text: On August 7, 2024, the Board appointed Jill Frizzley and Matthew Kahn to the Company’s Board of Directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584754/000121390024066681/0001213900-24-066681-index.htm
- Executive change
  Jeffrey B. Shealy resigned as Member of the Board of Directors at ATECH (PARENT) RESOLUTION CORP..
  - Action: resigned
  - Role: Member of the Board of Directors
  source text: On August 6, 2024, Akoustis Technologies, Inc. (the “Company”) and Jeffrey B. Shealy mutually agreed on Mr. Shealy’s resignation as the Company’s Chief Executive Officer and as a member of the Board of Directors (the “Board”) effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584754/000121390024066681/0001213900-24-066681-index.htm
- Executive change
  Suzanne Rudy resigned as Member of the Board of Directors at ATECH (PARENT) RESOLUTION CORP..
  - Action: resigned
  - Role: Member of the Board of Directors
  source text: On August 7, 2024, Suzanne Rudy informed the Company that she was resigning from the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584754/000121390024066681/0001213900-24-066681-index.htm
- Executive change
  Michelle Petock resigned as Member of the Board of Directors at ATECH (PARENT) RESOLUTION CORP..
  - Action: resigned
  - Role: Member of the Board of Directors
  source text: On August 2, 2024, Michelle Petock informed the Company that she was resigning from the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584754/000121390024066681/0001213900-24-066681-index.htm
- Executive change
  Matthew Kahn was appointed as Member of the Board of Directors at ATECH (PARENT) RESOLUTION CORP..
  - Action: appointed
  - Role: Member of the Board of Directors
  source text: On August 7, 2024, the Board appointed Jill Frizzley and Matthew Kahn to the Company’s Board of Directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584754/000121390024066681/0001213900-24-066681-index.htm
- Executive change
  Jeffrey McMahon resigned as Member of the Board of Directors at ATECH (PARENT) RESOLUTION CORP..
  - Action: resigned
  - Role: Member of the Board of Directors
  source text: On August 7, 2024, Jeffrey McMahon informed the Company that he was resigning from the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584754/000121390024066681/0001213900-24-066681-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.