leadership
confidence high
sentiment neutral
materiality 0.65
AVAX One CEO Jolie Kahn departs; COO Pete Wylie named interim CEO
AVAX ONE TECHNOLOGY LTD.
- Jolie Kahn resigned as CEO effective July 3, 2026, by mutual agreement; no disagreement with the Company.
- COO Peter Wylie Jr. appointed interim CEO; compensation increased to $40,000 per month.
- Separation agreement: $160,000 cash, $250,000 in unregistered common stock, plus medical insurance reimbursement.
- Board retained ZRG Partners to conduct a comprehensive search for a permanent CEO.
- Kahn remains subject to non-competition, non-solicitation, and non-disparagement covenants.