Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(b) On March 19, 2020, William W. Destler notified the board of directors (the
"Board") of CurAegis Technologies, Inc. (the "Company") of his decision to
resign from the Board and all committees on which he served. Mr. Destler was
elected to the Board in 2009. The Board accepted the resignation of Mr. Destler
on March 19, 2020.
On March 19, 2020, Richard A. Kaplan notified the Board of his decision to
retire as the Chief Executive Officer and President of the Company. Mr. Kaplan
intends to continue to serve as a member of the Board and stand for re-election
to the Board at the Company's 2020 annual meeting of shareholders. Mr. Kaplan
has served as the Company's Chief Executive Officer since 2010. The Board
accepted Mr. Kaplan's retirement as the Chief Executive Officer and President on
March 19, 2020.
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