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SS Innovations (NASDAQ: SSII) exec Milan Rao to exit COO and CFO roles

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

SS Innovations International, Inc. reported a senior leadership change. On May 18, 2026, Milan Rao informed the company he will step down as Global Chief Operating Officer and Chief Financial Officer, effective May 25, 2026.

The company stated that it has begun a search process to identify and recruit a permanent successor for the Chief Financial Officer role. No additional details about interim arrangements or reasons for the departure are provided in this report.

Positive

  • None.

Negative

  • None.

Insights

Key operating and finance executive resigns; replacement search underway.

SS Innovations International disclosed that Milan Rao will leave his roles as Global Chief Operating Officer and Chief Financial Officer effective May 25, 2026. Combining operations and finance in one executive makes this a concentrated leadership change.

The company notes it is engaged in a search for a permanent Chief Financial Officer, but does not outline interim responsibilities or governance adjustments. Future disclosures may clarify how duties are allocated and the profile of the eventual CFO hire.

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.
Notice date May 18, 2026 Date Milan Rao informed the company of his decision to step down
Effective resignation date May 25, 2026 Date his departure as Global COO and CFO becomes effective
Emerging growth company regulatory
"Emerging growth company As used in this"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers regulatory
"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers."
Global Chief Operating Officer financial
"he would step down as Global Chief Operating Officer and Chief Financial Officer"
Chief Financial Officer financial
"search process to identify and recruit a permanent successor for the position of Chief Financial Officer"
A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported): May 18, 2026

 

SS INNOVATIONS INTERNATIONAL, INC.

(Exact name of registrant as specified in its charter)

 

Florida   001-42615   47-3478854
(State or Other Jurisdiction
of Incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)

 

405, 3rd Floor, iLabs Info Technology Centre

Udyog Vihar, Phase III

Gurugram, Haryana India

  122016
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code: +91 73375 53469

 

 

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each Class   Trading Symbol   Name of each exchange on which registered
Common Stock   SSII   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

As used in this Current Report on Form 8-K (this “Current Report”), the terms “SSi,” “the Company,” “we,” “us” and “our” refer to SS Innovations International, Inc. and its subsidiaries.

 

 

 

 

 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On May 18, 2026, Milan Rao informed the Company that he would step down as Global Chief Operating Officer and Chief Financial Officer, effective May 25, 2026.

 

SSi is currently engaged in a search process to identify and recruit a permanent successor for the position of Chief Financial Officer. 

 

1

 

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.

 

Dated: May 26, 2026 SS INNOVATIONS INTERNATIONAL, INC.
     
  By:  /s/ Sudhir Srivastava
    Sudhir Srivastava, M.D.
    Chairman and Chief Executive Officer

 

2

 

FAQ

What executive change did SSII disclose on May 18, 2026?

SS Innovations International reported that Milan Rao will step down as Global Chief Operating Officer and Chief Financial Officer effective May 25, 2026. The filing notes his decision and indicates this change affects both operations and finance leadership roles.

When will SSII executive Milan Rao’s resignation become effective?

His resignation as Global Chief Operating Officer and Chief Financial Officer becomes effective May 25, 2026. The company received his notice on May 18, 2026, providing about one week of transition before the effective date.

Is SS Innovations International (SSII) searching for a new CFO?

Yes. SS Innovations International stated it is engaged in a search process to identify and recruit a permanent successor for the Chief Financial Officer position. The filing does not describe interim arrangements or a specific timeline for completing this search.

Which roles did Milan Rao hold at SS Innovations International (SSII)?

He served as Global Chief Operating Officer and Chief Financial Officer of SS Innovations International. The filing indicates he will step down from both roles, making this a combined change in operational and financial leadership for the company.

Does SSII’s filing explain why Milan Rao is stepping down?

The filing states only that on May 18, 2026, he informed the company he would step down effective May 25, 2026. It does not provide reasons or commentary on the circumstances surrounding his decision to leave these positions.

Filing Exhibits & Attachments

3 documents