Sarcos Tech & Robotics Co-Founder Ben Wolff to Return as CEO

Dow Jones01-18

By Will Feuer

Sarcos Technology and Robotics Co-Founder Ben Wolff will return to lead the company as its chief executive officer next month, succeeding Laura Peterson, who will continue to serve on the board of directors.

Wolff will focus on commercializing and deploying the company's robotic artificial intelligence and machine learning software platform.

Chairman Dennis Weibling said Sarcos has suspended the development of its hardware products and will instead focus on its AI platform.

"With the pivot to focus on our AI platform, it is the right time to bring Ben back to lead the company," Peterson said.

Write to Will Feuer at Will.Feuer@wsj.com

(END) Dow Jones Newswires

January 17, 2024 16:11 ET (21:11 GMT)

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