Leadership & Pay ·
Chief Financial Officer Raymond S. Frech resigned effective July 7, 2026, for personal reasons, noting no…
AMSAmerican Shared Hospital Services
Chief Financial Officer Raymond S. Frech resigned effective July 7, 2026, for personal reasons, noting no disagreements regarding accounting policies or practices. The Board appointed Alexis N. Tirrito (Wallace), the current Chief Accounting Officer and Secretary, to serve as interim CFO, principal financial officer, and principal accounting officer effective immediately. Ms. Tirrito's base salary was increased to $240,000 with a 20% target performance bonus for 2026. The company and Mr. Frech entered into a customary severance agreement. American Shared Hospital Services provides healthcare services.