UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01 Regulation FD Disclosure.
On October 21, 2024, Accuray Incorporated (the “Company”) issued a press release related to the appointment of Michael Murphy as Vice President, Corporate Controller. A copy of this press release is furnished herewith as Exhibit 99.1.
The information contained in this Item 7.01 disclosure, including Exhibit 99.1, is furnished pursuant to Item 7.01 and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, nor shall it be incorporated by reference into a filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
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.
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ACCURAY INCORPORATED |
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Dated: October 21, 2024 |
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/s/ Jesse Chew |
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Jesse Chew |
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Senior Vice President, Chief Legal Officer & Corporate Secretary |
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EXHIBIT 99.1
Accuray Appoints Michael Murphy as VP, Corporate Controller
MADISON, Wis., October 21, 2024 – Accuray Incorporated (NASDAQ: ARAY) announced today that Michael Murphy, CPA has joined the company as Vice President, Corporate Controller. Mr. Murphy will be responsible for leading the global accounting function including corporate tax, regulatory reporting, accounting policies, and risk management, along with associated budgetary and administrative operations. He will report to Accuray Senior Vice President & Chief Financial Officer Ali Pervaiz. The company also expects to appoint Mr. Murphy to the position of principal accounting officer following the filing of the company’s quarterly report on Form 10-Q for the period ended September 30, 2024.
Mr. Murphy brings more than 15 years of finance and accounting expertise to his new role at Accuray, most recently serving as Vice President, Chief Accounting Officer and Treasury at Duluth Holdings Inc. During his tenure with the organization, Mr. Murphy successfully led teams involved with accounting, controller and treasury functions, while introducing multiple corporate cost savings initiatives. Earlier in his career, Mr. Murphy held the roles of Chief Accounting Officer and Vice President - Assistant Controller, respectively, at financial institutions First Business Financial Services, Inc. and Banco Popular North America. He also has extensive public accounting experience having assumed positions of increasing responsibility while employed at KPMG, LLP.
“I couldn’t be more pleased to announce that Mike has joined the Accuray team. He is a highly experienced financial controller and accountant with a career spanning a diverse range of industries. Mike has delivered value in each role he’s held and has the business acumen required to support the achievement of our company’s revenue and profitability goals. I look forward to both his partnership and leadership in driving seamless execution that meets the strategic demands of the organization,” said Ali Pervaiz, Senior Vice President & Chief Financial Officer at Accuray.
“I was initially inspired and drawn to Accuray’s vision and the company’s focus on constant innovation to improve as many cancer patients’ lives as possible. As I had the opportunity to meet people throughout the organization, the value placed on collaboration and continuous improvement resonated with me. It is a culture that I am excited to be a part of,” said Michael Murphy, Vice President, Corporate Controller at Accuray.
About Accuray
Accuray is committed to expanding the powerful potential of radiation therapy to improve as many lives as possible. We invent unique, market-changing solutions that are designed to deliver radiation treatments for even the most complex cases—while making commonly treatable cases even easier—to meet the full spectrum of patient needs. We are dedicated to continuous innovation in radiation therapy for oncology, neuro-radiosurgery, and beyond, as we partner with clinicians and administrators, empowering them to help patients get back to their lives, faster. Accuray is headquartered in Sunnyvale, California, with facilities worldwide. To learn more, visit www.accuray.com or follow us on Facebook, LinkedIn, X, and YouTube.
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EXHIBIT 99.1
Media Contact
Beth Kaplan
Accuray
+1 (408) 789-4426
bkaplan@accuray.com
Investor Contact
Aman Patel, CFA
Investor Relations, ICR-Westwicke
+1 (443) 450-4191
aman.patel@westwicke.com