---
schema_version: "secwatch.filing_event.v1"
accession: "0001554795-24-000264"
form_type: "8-K"
ticker: null
cik: "0001119897"
company_name: "PCT LTD"
filed_at: "2024-10-29T23:59:59+00:00"
generated_at: "2026-05-30T08:52:42.707878+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# PCT LTD appoints Arthur E. Abraham as Chairman and CEO; Gary J. Grieco steps down

## Summary
- Gary J. Grieco resigned as Chairman and CEO effective Oct 24, 2024; remains CEO of subsidiary 21st Century Energy Solutions.
- Directors Greg W. Albers and Paul Branagan resigned their positions on Oct 24, 2024.
- Arthur E. Abraham, former CFO of PCT LTD and President & CFO of PCT Corp, appointed as new Chairman and CEO.
- 500,000,000 Series B Preferred shares transferred from Grieco to Abraham concurrent with leadership changes.
- New Board of Directors to be appointed soon; written consent of voting stockholders approved actions.

## SEC filing metadata
- accession: 0001554795-24-000264
- form_type: 8-K
- cik: 0001119897
- company_name: PCT LTD
- filed_at: 2024-10-29T23:59:59+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/1119897/000155479524000264/0001554795-24-000264-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1119897/000155479524000264/pctl1029form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001554795-24-000264
- JSON: https://secwatch.observer/filing/0001554795-24-000264.json
- Plain text: https://secwatch.observer/filing/0001554795-24-000264.txt

## Key facts
- Executive change
  Paul Branagan resigned as Director at PCT LTD.
  - Action: resigned
  - Role: Director
  source text: On October 24, 2024, Greg W. Albers and Paul Branagan, Directors on the Registrant’s Board of Directors, resigned their positions.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1119897/000155479524000264/0001554795-24-000264-index.htm
- Executive change
  Gary J. Grieco resigned as Chairman of the Board and Chief Executive Officer at PCT LTD.
  - Action: resigned
  - Role: Chairman of the Board and Chief Executive Officer
  source text: On October 24, 2024, Gary J. Grieco stepped down from his position as Chairman of the Board and Chief Executive Officer of the Registrant.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1119897/000155479524000264/0001554795-24-000264-index.htm
- Executive change
  Arthur E. Abraham was appointed as Chairman of the Board and Chief Executive Officer at PCT LTD.
  - Action: appointed
  - Role: Chairman of the Board and Chief Executive Officer
  source text: Concurrent with Mr. Grieco stepping down from the position of Chairman of the Board and Chief Executive Officer, the Registrant appointed Arthur E. Abraham, its current CFO of the Registrant and President & CFO of PCT Corporation as the Registrant’s new Chairman of the Board and Chief Executive Officer of the Registrant.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1119897/000155479524000264/0001554795-24-000264-index.htm
- Executive change
  Greg W. Albers resigned as Director at PCT LTD.
  - Action: resigned
  - Role: Director
  source text: On October 24, 2024, Greg W. Albers and Paul Branagan, Directors on the Registrant’s Board of Directors, resigned their positions.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1119897/000155479524000264/0001554795-24-000264-index.htm

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