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Neuronetics Updates Interim CFO Consulting Deal

Neuronetics amends consulting deal with interim CFO Francis X. Brown, setting monthly compensation at $26,000.

Robert Moore
ByRobert Moore- Senior Editor
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Neuronetics (NASDAQ:STIM) announced an amendment to its consulting agreement with Francis X. Brown III, the Interim Principal Financial and Accounting Officer.

The revised contract, effective May 18, 2026, specifies that Mr. Brown will continue until a full-time controller and CFO are appointed.

Compensation is set at $26,000 per month, replacing the previous hourly rate of $25,000.

Based in Malvern, Pennsylvania, Neuronetics trades on Nasdaq under ticker STIM.

Recently, the firm reported Q1 revenue of $34.5 million, beating analyst estimates.

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