Leadership & Pay ·
Peraso Inc. reported that Chief Financial Officer and Secretary James Sullivan resigned effective October 2, 2026, for…
PRSOPeraso Inc.
Peraso Inc. reported that Chief Financial Officer and Secretary James Sullivan resigned effective October 2, 2026, for personal reasons with no disagreements regarding operations or financial statements. CEO Ronald Glibbery was appointed interim CFO, Secretary, principal financial officer, and principal accounting officer without additional compensation until a successor is hired. At the September 10, 2026 Annual Meeting, shareholders approved an amendment to increase shares reserved under the 2019 Stock Incentive Plan by 1,500,000. The meeting also resulted in the re-election of directors Ronald Glibbery, Cornelis Links, Andreas Melder, and Robert Y. Newell; ratification of Weinberg & Company as independent auditors; approval of executive compensation; and authorization for share issuance to Roth Principal Investments under a June 30, 2026 agreement. Peraso Inc. operates in the semiconductor industry, developing wireless connectivity solutions.