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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 17, 2025, Verses AI Inc. (the “Company”) issued a press release announcing that effective immediately, James Hendrickson, the Chief Operating Officer of the Company, has also assumed the role of President of the Company, replacing Dan Mapes who has retired from such position, but will continue to work with the Company as the Company’s President Emeritus and Director of Global Development.
Mr. Hendrickson, age 47, has served as the Company’s Chief Operating Officer since July 2024, and was President and General Manager of VERSES Enterprise at the Company from January 2022 to July 2024. Before joining the Company, Mr. Hendrickson was Head of Strategic Partnerships and Global Alliances at AI robotics maker Berkshire Grey, Inc. from October 2020 to January 2022, where he focused on building their global partner program. Prior to that, Mr. Hendrickson served as Director of Product and Offering Management at Honeywell from September 2018 to October 2020, Manager of Product Management at Honeywell from June 2017 to August 2018 and Senior Product Manager of Retail Solutions at Honeywell from September 2013 to May 2017. Mr. Hendrickson has a Bachelor of Arts degree from Grove City College.
Mr. Hendrickson has no family relationships with any current director, director nominee, or executive officer of the Company, and there are no transactions or proposed transactions, to which the Company is a party, or intended to be a party, in which Mr. Hendrickson has, or will have, a material interest subject to disclosure under Item 404(a) of Regulation S-K.
Mr. Hendrickson was not appointed as the Company’s President pursuant to any arrangement or understanding with any other person. Mr. Hendrickson’s term of office as the Company’s President will be indeterminate.
A copy of the press release announcing the foregoing changes is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. | Description | |
99.1 | Press release dated April 17, 2025 | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
VERSES AI INC. | ||
Dated: April 23, 2025 | By: | /s/ James Christodoulou |
Name: | James Christodoulou | |
Title: | Chief Financial Officer |
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