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AI brief of an SEC Form 8-K · AMERICAN SHARED HOSPITAL SERVICES (AMS)

American Shared Hospital Services CFO Raymond Frech resigns; CAO Tirrito named interim CFO

Neutral Impact 4 of 5 leadership Written later

American Shared Hospital Services said its Chief Financial Officer, Raymond S. Frech, resigned effective July 7, 2026, for personal reasons, and that the resignation was not related to any disagreement on accounting policies or practices. The Board named Chief Accounting Officer Alexis N. Tirrito as interim CFO and principal financial and accounting officer, effective immediately, while she keeps her CAO and Secretary roles.

Key points

  • Raymond S. Frech resigned as CFO effective July 7, 2026, for personal reasons; the filing says a severance agreement with customary releases was entered into
  • Alexis N. Tirrito, CAO and Secretary since October 2021, was appointed interim CFO on July 7, 2026
  • Tirrito's base salary was set at $240,000, effective July 7, 2026, with a 2026 target bonus of 20% of base salary

The filing

CompanyAMERICAN SHARED HOSPITAL SERVICES (AMS)
Form8-K, current report
Filed with the SECJul 13, 2026, 4:16 PM ET
Accession number0001437749-26-023433

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 13, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.