Datavault AI Inc. (DVLT) shares surged 16.22% to $0.0688, gaining $0.0096, after the company unveiled a sweeping leadership overhaul spanning its finance, operations, and board leadership. The restructuring follows the removal of former CEO Nathaniel Bradley and comes ahead of Datavault's third-quarter 2026 earnings report.

The company announced the changes on November 6, with all leadership appointments taking effect immediately. As part of the reorganization of its executive management structure, Brett Moyer takes over as Chief Executive Officer and President, Stanley Mbugua assumes the Chief Financial Officer position, and Teri Gallo becomes Chief Operating Officer. Kimberly Briskey was named Board Chair, while the board also appointed Sri Peruvemba as Vice Chair and Christopher R. Hardt as Audit Committee Chair.

The changes form part of a broader effort to improve financial oversight and operational accountability across the organization. Meanwhile, Datavault continues to develop technologies that support data valuation, digital asset tokenization, and commercial licensing.

Brett Moyer Appointed CEO Following Bradley's Removal

Datavault appointed Brett Moyer as Chief Executive Officer and President after removing Nathaniel Bradley from the position on November 1, 2026. Bradley will retain his seat on the company's Board of Directors despite leaving the executive leadership role. The company also confirmed that former executive Sonia Choi no longer represents Datavault or holds any authority to act on the company's behalf.

Moyer previously served as Datavault's Chief Financial Officer and held the Board Chair position until November 6, when the new board leadership took effect. Before joining the company's current leadership structure, he led WiSA Technologies as Chief Executive Officer from August 2010 through December 2024. His earlier executive career includes senior leadership positions at Focus Enhancements and Zenith Electronics.

Teri Gallo was appointed Chief Operating Officer, with responsibility for overseeing the company's business operations and commercial execution. Gallo brings three decades of experience across digital marketplaces, advertising technology, and business development. She previously held senior positions at Interpublic Group, OpenX, and AOL, and has led NYIAX since 2024.

Datavault Names New CFO and Restructures Board Leadership

Stanley Mbugua was promoted to Chief Financial Officer, replacing Moyer following his appointment as Chief Executive Officer. Mbugua previously served as Datavault's Vice President of Finance and Chief Accounting Officer. His financial management experience spans several publicly traded technology companies, including Presto Automation, Skillz, and Rimini Street. With Moyer moving from the CFO role into the chief executive's office and Mbugua promoted from within the finance organization, Datavault has filled both of its senior finance-facing positions with executives already familiar with the company's internal reporting.

Kimberly Briskey takes over as Board Chair after previously leading the company's Audit Committee. Briskey joined Datavault's board in June 2024 and brings more than 15 years of financial leadership experience, including senior finance roles at Lemonaid SPV, Eddie Bauer, and other consumer businesses.

Sri Peruvemba became Vice Chair, bringing more than 35 years of technology industry experience to the role. Christopher R. Hardt assumed leadership of the Audit Committee, replacing Briskey in that oversight position. Hardt previously served as a partner at PwC and brings expertise in financial reporting, regulatory compliance, and corporate governance. Audit committee chairs at public companies are typically responsible for overseeing the financial reporting process and the company's relationship with its external auditors, responsibilities that align with the financial-oversight goals Datavault cited in announcing the reorganization.

Q3 Earnings Ahead as Board Targets Operational Changes

Datavault plans to publish its third-quarter 2026 financial results alongside an update on business operations. However, the company has not yet announced an earnings release date or confirmed arrangements for an accompanying conference call. The upcoming report will provide additional financial information following the executive appointments. Since the appointments took effect immediately, the third-quarter release will be the first earnings report issued under the new executive and board leadership, and the company's pending announcement of a release date and call arrangements is the next concrete detail to watch as the transition proceeds.

The new leadership team will focus on improving accountability, strengthening operations, and reviewing the company's strategic priorities. The board also plans to assess the company's organizational structure and direct resources toward selected commercial opportunities. That planned commercial focus lines up with Gallo's remit as chief operating officer, which covers business operations and commercial execution. These measures follow Datavault's ongoing efforts to expand its business across the data technology and digital asset markets.

Datavault develops technologies that help organizations verify, value, and tokenize data and real-world assets. Its business also includes media, acoustic technology, live-event services, and intellectual property licensing. The upcoming earnings announcement will provide the company's next scheduled financial update as it moves forward under its revised leadership structure.