Appointment · 1 October 2026
Powerus Corp
PUSA · Listed
Key facts
- How the CEO left
- Merger or sale of the company
- Planned or abrupt
- Planned
- Successor
- Not stated
- Outgoing CEO stays as
- Not stated
- Signs it was forced
- None stated
- Other news alongside
- Merger or acquisition
- Effective
- 1 October 2026
- Reason given
- completion of the merger with Aureus Greenway Holdings
Read from the filing and press release by a language model (Google Gemini), told to use only that text. It can make mistakes; the quotes below are the source.
The announcement
Appointment of Executive Officers Effective upon the Closing, the Board appointed Andrew Fox as Chief Executive Officer (principal executive officer), Edward Jordan as Chief Financial Officer (principal financial officer and principal accounting officer), and Brett Velicovich as President.
Sentences matched by our CEO change rules, from the first filing. Read the 8-K on SEC EDGAR ↗
Share price reaction
The filing reached SEC EDGAR on 1 October 2026 at 17:20 New York time, after the market closed, so day 0 is the next trading day, 2 October 2026. Day 0 is marked by the vertical line.
| Window | PUSA | S&P 500 | Abnormal |
|---|---|---|---|
| Days 0 to +1 | −9.5% | +1.4% | −12.7% |
| Days 0 to +3 | −20.8% | +1.7% | −26.3% |
| 1 month (days 0 to +21)so far, 18 of 22 days | −40.3% | +0.7% | −53.8% |
| 3 months (days 0 to +63)so far, 18 of 64 days | −40.3% | +0.7% | −53.8% |
The abnormal return is the stock's return beyond what its usual relationship with the market (beta 1.82) predicts. A single stock's move can reflect other news on the same days, so it describes what happened rather than measuring the effect of the CEO change; averages across many events are on the Research design page as they are completed.
News coverage
No matching headlines found. Coverage is thinner for smaller companies.