leadership
confidence high
sentiment neutral
materiality 0.60
AI Era Corp appoints Ahmad Moradi as CEO; Chiyuan Deng steps down to President
AI Era Corp.
- Chiyuan Deng (Fred Deng) resigned as CEO effective March 1, not due to any disagreement; remains as President and board member.
- Ahmad Moradi appointed CEO; 25+ yrs experience in AI technologies; granted $500K sign-on bonus in stock, 2M options, $144K salary.
- Deng formalized as President with $300K sign-on bonus in stock, 1.5M options, $144K salary and $30K remote stipend.
- Board adopted 2026 Incentive Plan reserving 10M shares for equity awards to support hiring and long-term growth.
- New CEO tasked with leading NASDAQ Global Market uplisting/IPO efforts and recruiting 3-5 key U.S. personnel in first year.