Leadership & Pay ·
CEO Paul R. Taylor resigns amid accounting dispute; CFO Mark B. Lucky named interim CEO
VISMVisium Technologies, Inc.
Visium Technologies announced the immediate resignation of Chairman and CEO Paul R. Taylor following a disagreement over the evaluation of previously issued financial statements. Taylor delivered an officer’s certificate to auditors Fruci & Associates II, PLLC concluding that fiscal 2016 through 2026 audited statements should no longer be relied upon due to issues with Series A and B preferred stock validity and debt extinguishment gains. The Board of Directors has not authorized this conclusion, and CFO Mark B. Lucky does not concur. Lucky was designated interim principal executive officer effective October 28, 2026. The company plans to form a Special Committee of independent directors to review the accounting matters and related-party transactions involving Lucky. Additionally, the Board rescinded a proposed 1-for-1,500 reverse stock split that had never been effected. Visium Technologies operates in the technology sector.