Vistance Networks, Inc. (COMM) Form 8-K — Nov 9, 2026
Vistance Networks (NASDAQ: VISN) announced that President and CEO Chuck Treadway will step down as CEO and board member on February 1, 2027, after resigning for good reason on November 4, 2026. He will receive severance under his Severance Protection Agreement upon signing a separation agreement with a general release of claims. The Board has launched a comprehensive CEO search with an external executive search firm. Treadway led the company since October 2020, overseeing divestitures, full debt repayment, redemption of all preferred equity, and $16.50 per share in special cash distributions in 2026.
Key figures
- Departure date
- February 1, 2027
- Ceo tenure start
- October 2020
- Special distribution payable 2026 11 06
- $1.50 per share
- Special distribution per share 2026 total
- $16.50
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