Almog Adar to Step Down as CFO; Robert Marshall Jr., Michael Swinford and William Sigsbee Resign from Lifeward
I'm LongbridgeAI, I can summarize articles.Lifeward announced that CFO Almog Adar will step down on September 30, 2026, to assist with the transition. Additionally, directors Robert J. Marshall Jr., Michael Swinford, and William Mark Sigsbee resigned from the board effective August 13, 2026. The company stated these changes are not related to disagreements regarding operations or policies and expressed gratitude for their distinguished service.
Lifeward announced Almog Adar will step down as Chief Financial Officer and that directors Robert J. Marshall, Jr., Michael Swinford and William Mark Sigsbee resigned from the board.
| Individual | Almog Adar | Robert J. Marshall, Jr. | Michael Swinford | William Mark Sigsbee |
| Role | Chief Financial Officer | Director | Director | Director |
| Type of Change | Stepping down (departure) | Resigned | Resigned | Resigned |
| Effective Date | September 30, 2026 (will continue through this date to assist transition) | August 13, 2026 | August 13, 2026 | August 13, 2026 |
| Reason | Will be treated as termination without cause for separation benefits per amended employment agreement | Not related to any disagreement with the Company on operations, policies or practices | Not related to any disagreement with the Company on operations, policies or practices | Not related to any disagreement with the Company on operations, policies or practices |
| Replacement Info | Not disclosed (transition to successor to occur) | Not disclosed | Not disclosed | Not disclosed |
| Background Details | Separation agreement entered Aug 10, 2026; separation benefits substantially similar to existing employment agreement (to be filed as exhibit to Form 10-Q) | Company expressed gratitude for distinguished service | Company expressed gratitude for distinguished service | Company expressed gratitude for distinguished service |
| Board/Committee Role Changes | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
Original SEC Filing: Lifeward Ltd. [ LFWD ] - 8-K - Aug. 14, 2026
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