Aeries Technology, Inc. has announced the resignation of Daniel S. Webb from his position as Chief Financial Officer and Chief Investment Officer, effective March 30, 2026. This decision was made mutually and is not due to any disagreements regarding the company's operations. Following this transition, Bhisham (Ajay) Khare, currently the Chief Executive Officer and Director, will take over as the Principal Financial Officer effective March 31, 2026. The company has entered into a Separation Agreement with Mr. Webb, which includes severance payments totaling twelve months of his annual base salary and an additional payment of $265,000, contingent upon his compliance with the terms of the agreement. This leadership change may impact the company's operational execution and governance controls, as the new CFO will be responsible for overseeing financial strategies and operations moving forward. The company aims to maintain stability during this transition period, ensuring that its financial health and strategic objectives remain on track.
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