8-KFiled Aug 20, 8:00 PM ET

AIB Data Centers Inc. COO Resigns; Separation Agreement Filed

$AIB · AIB Data Centers Inc.

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AIB Data Centers Inc. COO Resigns; Separation Agreement Filed

What Happened AIB Data Centers Inc. announced that Chief Operating Officer Eyal Rozen resigned effective August 14, 2026. The company and Mr. Rozen entered into a Separation Agreement and General Release dated August 13, 2026 (executed August 19, 2026), which becomes effective August 27, 2026 and is subject to a seven‑day revocation period.

Key Details

  • Resignation date: effective August 14, 2026; Separation Agreement dated August 13, 2026, executed August 19, 2026, effective August 27, 2026 (7‑day revocation window).
  • Cash/payments: Mr. Rozen will receive (i) base pay through termination and (ii) three months of salary continuation at his current annual base salary, paid on the company’s regular payroll schedule beginning the first payroll after the agreement’s effective date.
  • Benefits: Company will reimburse full monthly COBRA health insurance premiums for Mr. Rozen and his spouse until the earlier of December 31, 2026 or when he becomes eligible for coverage through a new employer.
  • Conditions: Payments and benefits require non‑revocation of the general release and Mr. Rozen’s compliance with restrictive covenants (non‑disparagement, non‑competition, non‑solicitation, confidentiality); non‑compete and non‑solicit apply during the three‑month severance period. Agreement governed by New York law. (Full agreement filed as Exhibit 10.1.)

Why It Matters Executive turnover at the COO level is a material operational change investors should note. The company’s near‑term cash obligation appears limited to three months’ salary continuation, final pay and COBRA premiums through year‑end (or sooner if new employer coverage begins). The separation includes standard restrictive covenants and a release of claims, and the filing does not disclose a replacement or expected operational impact. Investors monitoring leadership stability or operational execution at AIB should watch for announcements about an interim or permanent COO and any related operational updates.