SharonAI Holdings Inc. (SHAZ) Form 8-K — Aug 27, 2026
SharonAI Holdings (NASDAQ: SHAZ) has appointed David Burns, age 60, as Chief Operating Officer effective September 7, 2026, while current COO and co-founder Andrew Leece transitions into a new role as Head of Strategic Partnerships. The board framed the change as an expansion of leadership rather than a departure, with the founder retained to steward key customer and data center relationships. Burns brings more than 35 years of enterprise technology experience, most recently as Group Executive of Telstra Enterprise running Telstra's Australian B2B and international portfolio, after more than two decades in senior roles at IBM across Australia, the US, Japan and the UK.
Key figures
- New COOAge
- 60
- Effective Date
- September 7, 2026
- New COOBase Salary
- AUD$550,000 (approximately US$395,000 at AUD/US$0.7185)
- Long Term Incentive Max
- 150% of base salary, in RSUs
- Probation Period Months
- 6
- Short Term Incentive Max
- 150% of base salary, payable in cash and/or RSUs
- Termination Notice Months
- 3
Price after filing
Close on the filing date to close N calendar days later (from $59.21). Historical, not a forecast.
AI analysis
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