Abpro Holdings CEO Resigns; Interim CEO Appointed

What Happened Abpro Holdings, Inc. (ABPO) filed an 8‑K reporting that Miles Suk voluntarily resigned as Chief Executive Officer effective August 19, 2026; the company says his resignation was not due to any disagreement with the company. Mr. Suk will remain on the Board of Directors. The Board appointed M. Fatih Karatas as Interim Chief Executive Officer effective August 25, 2026. Mr. Karatas is a finance and technology executive with 20+ years of experience and roles at AIS Advisors, SAASPASS, QInvest and UBS.

Key Details

• Resignation date: Miles Suk resigned as CEO effective August 19, 2026; he remains a director.
• Interim CEO: M. Fatih Karatas appointed effective August 25, 2026; will serve without compensation for three months.
• Consulting/compensation: The company terminated Mr. Suk’s consulting agreement; Suk is entitled to a pro‑rata portion of his $300,000 annual consulting fee for 60 days (approximately $50,000) beginning August 19, 2026. Aside from standard director fees, the company has no other compensatory obligations to Mr. Suk.
• Independence/relations: No arrangements or understandings led to Karatas’s appointment, no family relationships with company officers/directors, and no related‑party transactions requiring disclosure.

Why It Matters Executive leadership changes can affect strategy, operations and investor confidence. Investors should note the immediate leadership transition to an experienced interim CEO, the limited near‑term compensation commitments, and that the former CEO remains on the board. The filing does not report any disagreement with management or related‑party issues; the company may announce a permanent CEO and any future compensation arrangements after the interim period.