leadership
confidence high
sentiment neutral
materiality 0.55
VisionWave names Eric Shuss COO, Douglas Davis permanent CEO; board reshuffled
VisionWave Holdings, Inc.
- Eric T. Shuss appointed COO with base salary $120k (rising to $240k upon $3M revenue in 90 days) and severance ≥$500k.
- Douglas Davis promoted from Interim CEO to CEO; receives milestone option for $100M value if revenue >$100M TTM and mkt cap ≥$1B.
- Shuss resigns as Lead Independent Director and all committees; Atara Dzikowski joins Audit, Compensation, Nominating; chairs Nominating.
- Chuck Hansen appointed Independent Lead Director.
- Shuss granted option for 500,000 shares at $7.47, vesting quarterly over four years.