---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-21-029499"
form_type: "8-K"
ticker: "AMS"
cik: "0000744825"
company_name: "AMERICAN SHARED HOSPITAL SERVICES"
filed_at: "2021-12-30T23:59:59+00:00"
generated_at: "2026-06-27T21:49:07.275740+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# AMS elects two new directors, founder resigns as CEO gets RSU grant

## Summary
- New directors Kathleen Miles and Vicki L. Wilson appointed Dec 28, 2021; Wilson to chair Audit Committee.
- Founder Ernest A. Bates, M.D. and David L. Larson, M.D. resign from board; become consultants at $50k/yr and $25k/yr.
- Sandra A. J. Lawrence resigned Dec 24 due to policy of another board she serves.
- Board size reduced from six to five members.
- CEO Raymond C. Stachowiak receives 2022 base salary of $275k and 120k RSUs vesting quarterly.

## SEC filing metadata
- accession: 0001437749-21-029499
- form_type: 8-K
- ticker: AMS
- cik: 0000744825
- company_name: AMERICAN SHARED HOSPITAL SERVICES
- filed_at: 2021-12-30T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/744825/000143774921029499/0001437749-21-029499-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/744825/000143774921029499/asha20211230_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-21-029499
- JSON: https://secwatch.observer/filing/0001437749-21-029499.json
- Plain text: https://secwatch.observer/filing/0001437749-21-029499.txt

## Key facts
- Executive change
  Kathleen Miles was appointed as Director at AMERICAN SHARED HOSPITAL SERVICES.
  - Action: appointed
  - Role: Director
  source text: On December 28, 2021, Kathleen Miles and Vicki L. Wilson were appointed as members of the Board of Directors (the “Board”) of American Shared Hospital Services (the “Company”), effective December 28, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/744825/000143774921029499/0001437749-21-029499-index.htm
- Executive change
  Ernest A. Bates resigned as Director at AMERICAN SHARED HOSPITAL SERVICES.
  - Action: resigned
  - Role: Director
  source text: On December 28, 2021, Ernest A. Bates, M.D. and David L. Larson, M.D. resigned from the Board, effective December 28, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/744825/000143774921029499/0001437749-21-029499-index.htm
- Executive change
  Sandra A. J. Lawrence resigned as Director at AMERICAN SHARED HOSPITAL SERVICES.
  - Action: resigned
  - Role: Director
  source text: On December 24, 2021, Sandra A. J. Lawrence, resigned from the Board, effective December 24, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/744825/000143774921029499/0001437749-21-029499-index.htm
- Executive change
  David L. Larson resigned as Director at AMERICAN SHARED HOSPITAL SERVICES.
  - Action: resigned
  - Role: Director
  source text: On December 28, 2021, Ernest A. Bates, M.D. and David L. Larson, M.D. resigned from the Board, effective December 28, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/744825/000143774921029499/0001437749-21-029499-index.htm
- Executive change
  Vicki L. Wilson was appointed as Director at AMERICAN SHARED HOSPITAL SERVICES.
  - Action: appointed
  - Role: Director
  source text: On December 28, 2021, Kathleen Miles and Vicki L. Wilson were appointed as members of the Board of Directors (the “Board”) of American Shared Hospital Services (the “Company”), effective December 28, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/744825/000143774921029499/0001437749-21-029499-index.htm

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