Energous Appoints New CEO, Dr. Michael J. LeRoy
Ticker: WATT · Form: 8-K · Filed: Mar 26, 2024 · CIK: 1575793
| Field | Detail |
|---|---|
| Company | Energous Corp (WATT) |
| Form Type | 8-K |
| Filed Date | Mar 26, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.00001, $75,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: leadership-change, ceo-appointment
TL;DR
Energous just swapped CEOs, bringing in board member Dr. Michael J. LeRoy to lead the charge.
AI Summary
Energous Corporation announced on March 24, 2024, the appointment of Dr. Michael J. LeRoy as its new Chief Executive Officer, succeeding Dr. Stephen R. Razzetti. Dr. LeRoy, who has served on the company's board since 2021, brings extensive experience in technology and business development. This leadership change is effective immediately.
Why It Matters
A change in CEO can signal a shift in company strategy or operational focus, potentially impacting future performance and investor outlook.
Risk Assessment
Risk Level: medium — CEO changes can introduce uncertainty regarding future strategy and execution, impacting investor confidence.
Key Players & Entities
- Energous Corporation (company) — Registrant
- Dr. Michael J. LeRoy (person) — Newly appointed Chief Executive Officer
- Dr. Stephen R. Razzetti (person) — Departing Chief Executive Officer
- 2021 (date) — Year Dr. LeRoy joined the board
- March 24, 2024 (date) — Effective date of CEO change
FAQ
Who is the new CEO of Energous Corporation?
Dr. Michael J. LeRoy has been appointed as the new Chief Executive Officer of Energous Corporation.
When was the CEO change effective?
The change in CEO was effective as of March 24, 2024.
Who did Dr. Michael J. LeRoy succeed as CEO?
Dr. Michael J. LeRoy succeeded Dr. Stephen R. Razzetti as CEO.
What prior role did Dr. Michael J. LeRoy hold at Energous?
Dr. Michael J. LeRoy has served on the company's board of directors since 2021.
What is Energous Corporation's state of incorporation?
Energous Corporation is incorporated in Delaware.
Filing Stats: 739 words · 3 min read · ~2 pages · Grade level 11.1 · Accepted 2024-03-26 08:10:23
Key Financial Figures
- $0.00001 — ich registered Common Stock, par value $0.00001 per share WATT The Nasdaq Stock Mar
- $75,000 — . Burak will receive a special bonus of $75,000 payable as a lump sum within 30 days fo
Filing Documents
- tm249789d1_8k.htm (8-K) — 28KB
- tm249789d1_ex99-1.htm (EX-99.1) — 9KB
- 0001104659-24-038750.txt ( ) — 210KB
- watt-20240324.xsd (EX-101.SCH) — 3KB
- watt-20240324_lab.xml (EX-101.LAB) — 33KB
- watt-20240324_pre.xml (EX-101.PRE) — 22KB
- tm249789d1_8k_htm.xml (XML) — 4KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On March 26, 2024, the Company issued a press release announcing the leadership changes outlined above. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference. The information in this Item 7.01 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press release, dated March 26, 2024 104 Cover Page Interactive Data File (embedded as Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ENERGOUS CORPORATION Date: March 26, 2024 By: /s/ Mallorie Burak Name: Mallorie Burak Title: Chief Financial Officer