VERSES AI names David Scott interim CEO as founders resign

VERSES AI Inc. (CBOE: VERS) (OTCQB: VRSSF) announced management changes as founders Gabriel René and Dan Mapes resigned from their positions and board seats, citing personal reasons. René served as chief executive officer while Mapes held the role of global brand ambassador.

The Vancouver-based cognitive computing company appointed David T. Scott as interim CEO. Scott brings three decades of experience from technology companies including Amazon Web Services, Twitter, and AT&T, according to board chair Michael Blum.

"Over a 30-year career spanning Amazon Web Services, Twitter, AT&T, and multiple public and private technology companies, David has led large, complex organizations through periods of transformation, growth, and financial rigor," Blum stated in the announcement.

The company also disclosed that chief accounting officer Kevin Wilson has exited the organization.

Scott indicated the company will focus on converting research and development into commercial products and pursuing revenue opportunities in the financial services sector. "Our focus now is straightforward and transparent: converting our R&D into commercial products, executing a disciplined go-to-market strategy, and driving near-term revenue," Scott said.

VERSES continues cost-reduction and operational-efficiency initiatives while the board conducts a search for a permanent CEO. The company plans to provide additional details in a webinar scheduled for February 17, 2026.

VERSES develops agentic software systems for cognitive computing applications. The company's platform, called Genius, generates predictions and decisions for enterprise clients.

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