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Spectral AI Names Vincent S. Capone as Chief Executive Officer

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Spectral AI (Nasdaq: MDAI) appointed Vincent S. Capone as Chief Executive Officer effective February 9, 2026, promoting its CFO and general counsel as the company shifts toward commercialization of its DeepView® non-invasive, AI-driven burn wound assessment device.

The company highlighted its June 2025 FDA submission as a major milestone and said the leadership change will support commercial execution with the chairman remaining as executive chairman.

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Positive

  • CEO appointment effective Feb 9, 2026
  • Internal promotion from CFO and general counsel preserves leadership continuity
  • Company transitioning toward commercialization of DeepView System
  • FDA submission for DeepView completed in June 2025

Negative

  • Commercial launch remains contingent on FDA review; clearance outcome not disclosed

News Market Reaction – MDAIW

+2.22%
1 alert
+2.22% News Effect

On the day this news was published, MDAIW gained 2.22%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

DALLAS, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Spectral AI, Inc. (Nasdaq: MDAI) (“Spectral AI” or the “Company”), an artificial intelligence (AI) company focused on medical diagnostics for faster and more accurate treatment decisions in wound care, today announced that the Company’s Board of Directors has appointed Vincent S. Capone as Chief Executive Officer of the Company, effective February 9, 2026.

The appointment of Mr. Capone, who currently serves as the Company’s Chief Financial Officer and General Counsel, comes as Spectral AI transitions towards commercialization of its proprietary, non-invasive, AI-driven burn wound assessment device – the DeepView® System.

“Vince brings a unique set of leadership skills to his new role, combining a background in law, accounting, finance and operations management supported by a strong vision for the Company’s future,” said Dr. J. Michael DiMaio, Chairman of the Board of Spectral AI. “He has a strong passion for our mission to provide clinicians with a novel technology that re-imagines the current standard of care in burn wound assessment. Vince has played an integral role working with me in leading Spectral AI to this point in our development, and he has earned the respect of our Board, leadership, team members, and partners. His appointment as CEO will help to ensure the evolution of our strategic direction with me as Executive Chairman.”

Mr. Capone has served as Spectral AI’s Chief Financial Officer since February 2024 and as General Counsel since March 2022. He has been a member of the Office of the Chairman since October 2024 which, under the leadership of Dr. DiMaio, has been responsible for day-to-day operational responsibilities and support of the clinical development and commercialization of the DeepView System. Mr. Capone began his career at KPMG LLP before practicing corporate and securities law as a partner with Reed Smith LLP. Prior to joining Spectral AI, he was President of a New York-based private equity fund investing in global life sciences and technology companies.

“I am honored to assume the role of CEO as the Company evolves towards commercialization,” said Mr. Capone. “I am also thankful to work alongside a talented team who drive our success every day. Our FDA submission of the DeepView System in June 2025 marked a major milestone for Spectral AI and a critical step forward to providing this innovative and potentially transformative technology. We are excited to deliver DeepView to the broader healthcare market and advance burn wound care in the U.S. and around the world.”       

About Spectral AI

Spectral AI, Inc. is a Dallas-based predictive AI company focused on medical diagnostics for faster and more accurate treatment decisions in wound care, with initial applications involving patients with burns. The Company is working to revolutionize the management of wound care by “Seeing the Unknown®” with its DeepView System. The DeepView System is being developed as a predictive diagnostic device to offer clinicians an objective and immediate assessment of a burn wound’s healing potential prior to treatment or other medical intervention. With algorithm-driven results and a goal of exceeding the current standard of care in the future, the DeepView System is expected to provide fast and accurate treatment insight towards value care by improving patient outcomes and reducing healthcare costs. Spectral AI has been named to TIME’s list of World’s Top HealthTech companies 2025. For more information about the DeepView System, visit www.spectral-ai.com.

Forward-Looking Statements

Certain statements made in this release are “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s strategy, plans, objectives, initiatives and financial outlook. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. As such, readers are cautioned not to place undue reliance on any forward-looking statements. 

Investors should carefully consider the foregoing factors, and the other risks and uncertainties described in the “Risk Factors” sections of the Company’s filings with the US Securities and Exchange Commission, including the Company’s Registration Statement and the other documents filed by the Company. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. 

Investors: 
The Equity Group 
Devin Sullivan
Managing Director 
dsullivan@theequitygroup.com 

Conor Rodriguez
Associate
crodriguez@theequitygroup.com


FAQ

Who is the new CEO of Spectral AI (MDAI) and when did the appointment take effect?

Vincent S. Capone is the new CEO, effective February 9, 2026. According to the company, he previously served as CFO and general counsel and will lead the transition toward commercialization of the DeepView System.

What experience does Vincent S. Capone bring to Spectral AI (MDAI) as CEO?

Capone brings legal, accounting, finance, and operations experience to the CEO role. According to the company, he served as CFO since February 2024, general counsel since March 2022, and worked in the Office of the Chairman since October 2024.

What is the significance of the DeepView System for Spectral AI (MDAI)?

DeepView is a non-invasive, AI-driven burn wound assessment device intended to improve treatment decisions. According to the company, it is central to Spectral AI's commercialization strategy and clinical development efforts.

What stage is Spectral AI (MDAI) at with FDA regarding DeepView and when was the submission filed?

Spectral AI submitted DeepView to the FDA in June 2025. According to the company, that submission marked a major milestone toward regulatory review and potential market entry, but no clearance outcome was disclosed.

How will the leadership change affect Spectral AI's (MDAI) commercialization plans?

The leadership change aims to support commercialization execution as the company advances DeepView. According to the company, appointing Capone aligns management roles with operational and commercial priorities while retaining the chairman as executive chairman.

Does the appointment of Vincent Capone indicate any immediate financial guidance changes for Spectral AI (MDAI)?

No financial guidance changes were disclosed with the appointment. According to the company, the announcement focused on leadership and commercialization milestones rather than updated financial metrics or guidance.
Spectral AI Inc

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Medical Devices
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