AVAX One Technology announced that Jolie Kahn departed as CEO by mutual agreement and that Peter Wylie Jr. will serve as interim CEO while remaining COO, effective July 3, 2026.
| IndividualJolie KahnPeter Wylie Jr. | RoleChief Executive OfficerInterim Chief Executive Officer; Chief Operating Officer | Type of ChangeDepartedAppointed (interim) | Effective DateJuly 3, 2026July 3, 2026 | ReasonBy mutual agreement; no disagreement known; not removed for causeInterim appointment while Board searches for permanent successor | Replacement InfoInterim successor: Peter Wylie Jr.Serves pending permanent successor search | Background DetailsEntered Separation and Release Agreement providing lump sum cash, reimbursement for certain medical insurance costs, and grant of unregistered common stock (FMV $250,000); subject to post-termination covenantsWill continue as COO; will receive increased compensation totaling $40,000 per month for interim CEO responsibilities | Board/Committee Role ChangesNot disclosedNot disclosed |
Original SEC Filing:
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