Amprius Technologies (NYSE: AMPX) CFO Sandra Wallach to retire in 2025
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Amprius Technologies, Inc. announced that Chief Financial Officer Sandra Wallach intends to retire from her role. Her retirement will become effective upon the appointment of a successor, which is expected by or before the end of the fourth quarter of 2025.
The company states that her decision is not due to any disagreement related to operations, policies, or practices. After stepping down as CFO, she plans to remain involved with Amprius in a consulting or other capacity to help ensure a smooth transition.
The Board of Directors has begun a formal process to identify and recruit the next Chief Financial Officer, aiming for continuity in financial leadership as this planned transition moves forward.
Positive
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
FAQ
What leadership change did Amprius Technologies (AMPX) disclose in this 8-K?
Amprius Technologies disclosed that its Chief Financial Officer, Sandra Wallach, intends to retire from her position, effective upon the appointment of her successor.
When is Amprius Technologies (AMPX) expecting its CFO transition to occur?
The company expects the appointment of a successor to Chief Financial Officer Sandra Wallach to occur by or before the end of the fourth quarter of 2025.
Will the retiring CFO remain involved with Amprius Technologies (AMPX)?
Yes. After retiring as Chief Financial Officer, Sandra Wallach intends to remain involved with the company in a consulting or other capacity to support a smooth transition.
What steps is the Amprius Technologies (AMPX) Board taking following the CFO’s retirement announcement?
The Board of Directors has commenced a process to identify and recruit a successor to serve as the company’s Chief Financial Officer.
What is the role of Sandra Wallach at Amprius Technologies (AMPX) as of the 8-K date?
As of the report date, Sandra Wallach is serving as the Chief Financial Officer and has signed the report in that capacity.