Neuronetics, Inc. Announces Executive Changes and Appointments

Neuronetics, Inc. has announced significant executive changes. W. Andrew Macan will be departing as Executive Vice President, Chief Legal Officer, and Corporate Secretary, with his separation date set for August 15, 2026. He will receive a retention bonus, vested restricted stock units, and a separation payment totaling approximately $706,837.50, payable over 12 months. Concurrently, Nir Naor has been appointed as the new Executive Vice President, Chief Financial Officer, and Treasurer, effective July 23, 2026. Mr. Naor brings over 20 years of finance and life sciences experience, having previously served as CFO for Axogen, Inc. and Arbor Pharmaceuticals. He will receive an annual salary of $480,000, a target bonus of 50% of his base salary, and a grant of 500,000 Restricted Stock Units. The company also announced the promotion of Cory Anderson to Executive Vice President and General Manager of Greenbrook, effective July 1, 2026. These changes were communicated via a press release on July 20, 2026.