Exyn Technologies - Brandon Torres Declet resigns as CEO and chairman

Exyn Technologies (NASDAQ: EXYN) announced on August 20, 2026, that Brandon Torres Declet has resigned as Chief Executive Officer and Chairman of the Board of Directors. The resignation follows a recent corporate governance update, including the adoption of a Director Compensation Program and the granting of stock options to four non-employee directors and the CEO.

Torres Declet’s base salary had been increased to $482,000, with a target annual bonus set at 75% of base salary ($362,000), and he received a 109,000-share option grant as part of the compensation adjustments. The effective date of the resignation has not been disclosed, nor has the reason for the departure.

The company has not yet announced a successor to lead the executive team or assume the chairman role. Exyn Technologies, a leader in autonomous drone technology and AI-powered mapping solutions, has been expanding its ExynAI platform and participating in high-profile events, including discussions at the United Nations on the role of drones in global development.

The board will likely initiate a search for a new CEO and chairman in the coming weeks. Investors are advised to monitor further announcements for details on leadership transitions and their potential impact on the company’s strategic direction.