---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-104612"
form_type: "8-K"
ticker: "AERG"
cik: "0000879911"
company_name: "APPLIED ENERGETICS, INC."
filed_at: "2024-12-02T23:59:59+00:00"
generated_at: "2026-05-29T12:29:50.352862+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Applied Energetics appoints Chris Donaghey as President and CEO; Quarles becomes CEO Emeritus

## Summary
- Donaghey, previously COO/CFO, named CEO effective Nov 25, 2024; receives $400K salary and 1M stock options at $0.78/share.
- Options vest upon annual revenue targets: 170K shares at $10M, 330K at $25M, 500K at $50M (cumulative).
- Dr. Gregory Quarles resigned as President/CEO, transitions to CEO Emeritus under one-year term with monthly salary of $33,333 until Mar 2025 then $29,167.
- Donaghey will continue as principal financial officer on an interim basis.

## SEC filing metadata
- accession: 0001213900-24-104612
- form_type: 8-K
- ticker: AERG
- cik: 0000879911
- company_name: APPLIED ENERGETICS, INC.
- filed_at: 2024-12-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/879911/000121390024104612/0001213900-24-104612-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/879911/000121390024104612/ea0223221-8k_applied.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-104612
- JSON: https://secwatch.observer/filing/0001213900-24-104612.json
- Plain text: https://secwatch.observer/filing/0001213900-24-104612.txt

## Key facts
- Executive change
  Christopher Donaghey was appointed as President and Chief Executive Officer at APPLIED ENERGETICS, INC..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: Applied Energetics has appointed Christopher Donaghey to serve as its President and Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/879911/000121390024104612/0001213900-24-104612-index.htm

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