MADISON, Wis., Aug. 12, 2026 /PRNewswire/ -- Accuray Incorporated (NASDAQ:ARAY) announced two key leadership appointments intended to improve operational execution and profitability, deliver increased customer value,

MADISON, Wis., Aug. 12, 2026 /PRNewswire/ -- Accuray Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/ARAY">ARAY</a>) announced two key leadership appointments intended to improve operational execution and profitability, deliver increased customer value, and enhance overall enterprise performance as the company continues to advance the strategic priorities in its recently announced transformation plan focused on sustainable, profitable growth.
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As part of these efforts, Accuray has named Todd Brown to lead the company&#39;s newly created Enterprise Performance Optimization organization and has appointed Sofiane Laoussadi as Senior Vice President, Global Services &amp; Solutions.These leadership appointments reinforce Accuray&#39;s previously announced Transformation Phase II priorities of improving operational execution, lowering its cost structure, and creating greater value for customers and shareholders.&#34;These leadership appointments represent an important step in executing the strategic priorities we recently outlined for Accuray,&#34; said Steve LaNeve, President and Chief Executive Officer of Accuray. &#34;By enhancing our global services capabilities and establishing a dedicated focus on enterprise performance optimization, we are creating a more agile, performance-driven organization that can respond faster to customer needs and deliver long-term value for shareholders.&#34;Optimizing Enterprise PerformanceTo unify systems and processes and improve performance across its business functions and geographies, Accuray has established a new Enterprise Performance Optimization organization and has designated Todd Brown as Senior Vice President to lead it. A veteran of GE Healthcare, where he had been Vice President &amp; General Manager, Healthcare Services, US &amp; Canada, Brown joined Accuray approximately three years ago. Since then, he has successfully driven revenue growth, developed new solutions, and improved performance in the company&#39;s services business, which generated 57% of the company&#39;s consolidated net revenues in fiscal year 2026.As the leader of the new Enterprise Performance Optimization function, Brown will plan and lead global initiatives focused on improving working capital and cash flow, enhancing supply chain efficiency, optimizing costs, and streamlining processes and systems through digitization.The establishment of the new function and the appointment of an experienced executive to lead it reflect Accuray&#39;s commitment to disciplined execution and continuous improvement, helping drive profitable growth through stronger operational performance, a focus on cash flow, and greater organizational accountability.&#34;While leading our services organization, Todd has consistently demonstrated the ability to drive results through collaboration, discipline, and innovation,&#34; said LaNeve. &#34;His leadership will help us strengthen execution, improve efficiency, and increase margins while accelerating growth.&#34;Advancing Global Services ExcellenceLaoussadi has more than 20 years of experience leading services, operations, and commercial organizations across healthcare and industrial markets. Also a veteran of GE Healthcare, Laoussadi has been a senior executive at two private equity-backed businesses and, most recently, was President, Pharma, Health &amp; Durables for Klockner Pentaplast. Throughout his career, he has led transformational initiatives that improved operational performance, enhanced customer experiences, and supported profitable growth.As Senior Vice President, Global Services &amp; Solutions, Laoussadi will lead Accuray&#39;s global services organization, which has evolved into a solutions-focused business line intended to help customers maximize the value of their technology investments. Supporting our global installed base, he will oversee the delivery of services, customer support, lifecycle management, software upgrade programs, clinical and technical training, workflow consulting, and other high-margin value-added solutions that extend beyond traditional equipment service.His focus will be on enhancing customer experience, driving service innovation, and expanding solution-based offerings that help healthcare providers optimize system performance and deliver high-quality patient care throughout the lifecycle of their Accuray technologies, while supporting Accuray&#39;s revenue growth and profit margin expansion.&#34;Sofiane brings a proven track record of building high-performing organizations and delivering measurable improvements in customer and operational outcomes,&#34; said LaNeve. &#34;His leadership will further advance our global services capabilities and help us deliver even greater value to healthcare providers worldwide.&#34;Positioned for Long-Term GrowthTogether, these leadership appointments demonstrate Accuray&#39;s commitment to the next phase of its transformation strategy, including greater operational discipline and helping radiation therapy providers maximize system utilization, optimize workflows, derive greater value from their technology investments, and deliver exceptional patient care. These efforts will help create greater value for our customers and build long-term value for Accuray&#39;s shareholders.&#34;Our focus is clear: deliver exceptional clinical and economic outcomes for customers, operate with discipline and efficiency, and continuously improve how we execute,&#34; LaNeve added. &#34;These leadership actions reinforce our foundation for sustainable, profitable growth and long-term value creation.&#34;About AccurayAccuray is committed to expanding the powerful potential of radiation therapy to improve as many lives as possible. We invent unique, market-changing solutions designed to deliver radiation treatments for even the most complex cases--while making commonly treatable cases even easier--to meet the full spectrum of patient needs. We are dedicated to continuous innovation in radiation therapy for oncology, neuro-radiosurgery, and beyond, as we partner with clinicians and administrators, empowering them to help patients get back to their lives, faster. Accuray is headquartered in Madison, Wisconsin, with facilities worldwide. To learn more, visit <a xmlns="http://www.w3.org/1999/xhtml" href="http://www.accuray.com" rel="nofollow">www.accuray.com</a> or follow us on Facebook, LinkedIn, X, and YouTube.Forward Looking StatementStatements made in this press release that are not statements of historical fact are forward-looking statements that are subject to the &#34;safe harbor&#34; provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this press release relate, but are not limited, statements regarding Accuray&#39;s ability to enhance customer value, improve operational execution and profitability, enhance overall enterprise performance, execute on its strategic priorities, advance its global services and solutions business, attain the expected benefits of the initiatives under the Enterprise Performance Optimization function, strengthen financial performance, deliver long-term value for shareholders, and achieve sustainable, profitable growth. Forward-looking statements generally can be identified by words such as &#34;anticipates,&#34; &#34;believes,&#34; &#34;estimates,&#34; &#34;expects,&#34; &#34;intends,&#34; &#34;plans,&#34; &#34;predicts,&#34; &#34;projects,&#34; &#34;may,&#34; &#34;will be,&#34; &#34;will continue,&#34; &#34;will likely result,&#34; and similar expressions. These forward-looking statements involve risks and uncertainties. If any of these risks or uncertainties materialize, or if any of the company&#39;s assumptions prove incorrect, actual results could differ materially from the results expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, risks related to the effect of the global macroeconomic environment on the operations of the company and those of its customers and suppliers; effects related to international tariffs; disruptions to our supply chain, including increased logistics costs; the company&#39;s ability to achieve widespread market acceptance of its products; substantial outstanding indebtedness and the company&#39;s ability to maintain compliance with financial covenants related to its debt; the successful execution of strategic and operational initiatives; and such other risks identified under the heading &#34;Risk Factors&#34; in the company&#39;s Quarterly Report on Form 10-Q, filed with the Securities and Exchange Commission (the &#34;SEC&#34;) on May 6, 2026, and as updated periodically with the company&#39;s other filings with the SEC. Forward-looking statements speak only as of the date the statements are made and are based on information available to the company at the time those statements are made and/or management&#39;s good faith belief as of that time with respect to future events. The company assumes no obligation to update forward-looking statements to reflect actual performance or results, changes in assumptions or changes in other factors affecting forward-looking information, except to the extent required by applicable securities laws. Accordingly, investors should not place undue reliance on any forward-looking statements.Accuray Media Contact  Taylor Bould Communications Specialist, Accuray +1 (608) 830-3604 <a xmlns="http://www.w3.org/1999/xhtml" href="mailto:tbould@accuray.com" rel="nofollow" xmlns="http://www.w3.org/1999/xhtml">tbould@accuray.com</a> 



<img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=SF25392&amp;sd=2026-08-12"></img> View original content to download multimedia:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/accuray-advances-strategic-priorities-through-key-executive-leadership-appointments-302850166.html" target="_blank">https://www.prnewswire.com/news-releases/accuray-advances-strategic-priorities-through-key-executive-leadership-appointments-302850166.html</a>SOURCE Accuray Incorporated

ARAY

Accuray Advances Strategic Priorities Through Key Executive Leadership Appointments

Accuray appoints two executives to drive transformation and profitability

<section class="insight" data-version="1">
 <section data-block="information">
 <h3>Information</h3>
 MADISON, Wis., Aug. 12, 2026 /PRNewswire/ -- Accuray Incorporated (NASDAQ:ARAY) announced two key leadership appointments intended to improve operational execution and profitability, deliver increased customer value,
 </section>

 <section data-block="ai-summary-paragraph">
 <h3>AI Summary</h3>
 Accuray announced two leadership appointments to advance its Transformation Phase II, focusing on operating discipline, cash flow, and profitability. Todd Brown will head the new Enterprise Performance Optimization group, while Sofiane Laoussadi leads Global Services &amp; Solutions, aiming to expand high-margin services and accelerate profitable growth across geographies.
 </section>

 <section data-block="ai-summary-bullets">
 <h3>Key Points</h3>
 <ul><li>Todd Brown named to lead Enterprise Performance Optimization.</li><li>Sofiane Laoussadi appointed Senior VP, Global Services &amp; Solutions.</li><li>Transformation Phase II targets operating discipline, cost reduction, and value creation.</li><li>Services generated 57% of FY2026 consolidated net revenues.</li></ul>
 </section>

 <section data-block="companies-mentioned">
 <h3>Companies Mentioned</h3>
 <ul><li>Accuray Incorporated (ARAY): Announced two leadership appointments to drive transformation and profitability; positions focus on enterprise performance and services growth.</li><li>General Electric (GE): Brown and Laoussadi previously worked at GE Healthcare, signaling strong healthcare services experience and pedigree.</li></ul>
 </section>

 <section data-block="category">
 <h3>Corporate Developments</h3>
 Category: Corporate Developments. The moves reflect a formal corporate-op execution strategy tied to Accuray&#039;s transformation plan, signaling intent to improve margins and cash flow through organizational realignment and enhanced services capabilities.
 </section>

 <section data-block="market-moving">
 <h3>Market-Moving</h3>
 <ul><li>Leadership changes signal potential near-term efficiency gains and margin expansion.</li><li>Services accounted for 57% of FY2026 revenue; optimization could boost profitability.</li><li>Focus on cash flow and working capital may drive improving financial metrics.</li><li>No new earnings guidance; monitor upcoming quarterly results for tangible impact.</li></ul>
 </section>

 <section data-block="key-facts">
 <h3>Key Facts</h3>
 <ul><li>Date of release: August 12, 2026.</li><li>Todd Brown named Senior Vice President, Enterprise Performance Optimization.</li><li>Sofiane Laoussadi named Senior Vice President, Global Services &amp; Solutions.</li><li>Services revenue comprised 57% of Accuray&#039;s consolidated net revenues in fiscal year 2026.</li><li>Transformation Phase II priorities include improving operational execution and lowering cost structure.</li></ul>
 </section>

 <section data-block="trading-thesis">
 <h3>Trading Thesis</h3>
 Over 3–6 quarters, execution improvements could lift ARAY margins and cash flow, supporting a modest upside.
 </section>
</section>


MADISON, Wis., Aug. 12, 2026 /PRNewswire/ -- Accuray Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/ARAY">ARAY</a>) announced two key leadership appointments intended to improve operational execution and profitability, deliver increased customer value, and enhance overall enterprise performance as the company continues to advance the strategic priorities in its recently announced transformation plan focused on sustainable, profitable growth.
 <div xmlns="http://www.w3.org/1999/xhtml" class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1">
 
 <img xmlns="http://www.w3.org/1999/xhtml" src="https://mmx.prnewswire.com/media/MS390061/Accuray-Incorporated-Logo.jpg?id=OA2872363" title="Accuray Incorporated (PRNewsFoto/Accuray Incorporated) (PRNewsFoto/Accuray Incorporated)" alt="Accuray Incorporated (PRNewsFoto/Accuray Incorporated) (PRNewsFoto/Accuray Incorporated)"></img>
 
 </div>
As part of these efforts, Accuray has named Todd Brown to lead the company&#39;s newly created Enterprise Performance Optimization organization and has appointed Sofiane Laoussadi as Senior Vice President, Global Services &amp; Solutions.These leadership appointments reinforce Accuray&#39;s previously announced Transformation Phase II priorities of improving operational execution, lowering its cost structure, and creating greater value for customers and shareholders.&#34;These leadership appointments represent an important step in executing the strategic priorities we recently outlined for Accuray,&#34; said Steve LaNeve, President and Chief Executive Officer of Accuray. &#34;By enhancing our global services capabilities and establishing a dedicated focus on enterprise performance optimization, we are creating a more agile, performance-driven organization that can respond faster to customer needs and deliver long-term value for shareholders.&#34;Optimizing Enterprise PerformanceTo unify systems and processes and improve performance across its business functions and geographies, Accuray has established a new Enterprise Performance Optimization organization and has designated Todd Brown as Senior Vice President to lead it. A veteran of GE Healthcare, where he had been Vice President &amp; General Manager, Healthcare Services, US &amp; Canada, Brown joined Accuray approximately three years ago. Since then, he has successfully driven revenue growth, developed new solutions, and improved performance in the company&#39;s services business, which generated 57% of the company&#39;s consolidated net revenues in fiscal year 2026.As the leader of the new Enterprise Performance Optimization function, Brown will plan and lead global initiatives focused on improving working capital and cash flow, enhancing supply chain efficiency, optimizing costs, and streamlining processes and systems through digitization.The establishment of the new function and the appointment of an experienced executive to lead it reflect Accuray&#39;s commitment to disciplined execution and continuous improvement, helping drive profitable growth through stronger operational performance, a focus on cash flow, and greater organizational accountability.&#34;While leading our services organization, Todd has consistently demonstrated the ability to drive results through collaboration, discipline, and innovation,&#34; said LaNeve. &#34;His leadership will help us strengthen execution, improve efficiency, and increase margins while accelerating growth.&#34;Advancing Global Services ExcellenceLaoussadi has more than 20 years of experience leading services, operations, and commercial organizations across healthcare and industrial markets. Also a veteran of GE Healthcare, Laoussadi has been a senior executive at two private equity-backed businesses and, most recently, was President, Pharma, Health &amp; Durables for Klockner Pentaplast. Throughout his career, he has led transformational initiatives that improved operational performance, enhanced customer experiences, and supported profitable growth.As Senior Vice President, Global Services &amp; Solutions, Laoussadi will lead Accuray&#39;s global services organization, which has evolved into a solutions-focused business line intended to help customers maximize the value of their technology investments. Supporting our global installed base, he will oversee the delivery of services, customer support, lifecycle management, software upgrade programs, clinical and technical training, workflow consulting, and other high-margin value-added solutions that extend beyond traditional equipment service.His focus will be on enhancing customer experience, driving service innovation, and expanding solution-based offerings that help healthcare providers optimize system performance and deliver high-quality patient care throughout the lifecycle of their Accuray technologies, while supporting Accuray&#39;s revenue growth and profit margin expansion.&#34;Sofiane brings a proven track record of building high-performing organizations and delivering measurable improvements in customer and operational outcomes,&#34; said LaNeve. &#34;His leadership will further advance our global services capabilities and help us deliver even greater value to healthcare providers worldwide.&#34;Positioned for Long-Term GrowthTogether, these leadership appointments demonstrate Accuray&#39;s commitment to the next phase of its transformation strategy, including greater operational discipline and helping radiation therapy providers maximize system utilization, optimize workflows, derive greater value from their technology investments, and deliver exceptional patient care. These efforts will help create greater value for our customers and build long-term value for Accuray&#39;s shareholders.&#34;Our focus is clear: deliver exceptional clinical and economic outcomes for customers, operate with discipline and efficiency, and continuously improve how we execute,&#34; LaNeve added. &#34;These leadership actions reinforce our foundation for sustainable, profitable growth and long-term value creation.&#34;About AccurayAccuray is committed to expanding the powerful potential of radiation therapy to improve as many lives as possible. We invent unique, market-changing solutions designed to deliver radiation treatments for even the most complex cases--while making commonly treatable cases even easier--to meet the full spectrum of patient needs. We are dedicated to continuous innovation in radiation therapy for oncology, neuro-radiosurgery, and beyond, as we partner with clinicians and administrators, empowering them to help patients get back to their lives, faster. Accuray is headquartered in Madison, Wisconsin, with facilities worldwide. To learn more, visit <a xmlns="http://www.w3.org/1999/xhtml" href="http://www.accuray.com" rel="nofollow">www.accuray.com</a> or follow us on Facebook, LinkedIn, X, and YouTube.Forward Looking StatementStatements made in this press release that are not statements of historical fact are forward-looking statements that are subject to the &#34;safe harbor&#34; provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this press release relate, but are not limited, statements regarding Accuray&#39;s ability to enhance customer value, improve operational execution and profitability, enhance overall enterprise performance, execute on its strategic priorities, advance its global services and solutions business, attain the expected benefits of the initiatives under the Enterprise Performance Optimization function, strengthen financial performance, deliver long-term value for shareholders, and achieve sustainable, profitable growth. Forward-looking statements generally can be identified by words such as &#34;anticipates,&#34; &#34;believes,&#34; &#34;estimates,&#34; &#34;expects,&#34; &#34;intends,&#34; &#34;plans,&#34; &#34;predicts,&#34; &#34;projects,&#34; &#34;may,&#34; &#34;will be,&#34; &#34;will continue,&#34; &#34;will likely result,&#34; and similar expressions. These forward-looking statements involve risks and uncertainties. If any of these risks or uncertainties materialize, or if any of the company&#39;s assumptions prove incorrect, actual results could differ materially from the results expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, risks related to the effect of the global macroeconomic environment on the operations of the company and those of its customers and suppliers; effects related to international tariffs; disruptions to our supply chain, including increased logistics costs; the company&#39;s ability to achieve widespread market acceptance of its products; substantial outstanding indebtedness and the company&#39;s ability to maintain compliance with financial covenants related to its debt; the successful execution of strategic and operational initiatives; and such other risks identified under the heading &#34;Risk Factors&#34; in the company&#39;s Quarterly Report on Form 10-Q, filed with the Securities and Exchange Commission (the &#34;SEC&#34;) on May 6, 2026, and as updated periodically with the company&#39;s other filings with the SEC. Forward-looking statements speak only as of the date the statements are made and are based on information available to the company at the time those statements are made and/or management&#39;s good faith belief as of that time with respect to future events. The company assumes no obligation to update forward-looking statements to reflect actual performance or results, changes in assumptions or changes in other factors affecting forward-looking information, except to the extent required by applicable securities laws. Accordingly, investors should not place undue reliance on any forward-looking statements.Accuray Media Contact  Taylor Bould Communications Specialist, Accuray +1 (608) 830-3604 <a xmlns="http://www.w3.org/1999/xhtml" href="mailto:tbould@accuray.com" rel="nofollow" xmlns="http://www.w3.org/1999/xhtml">tbould@accuray.com</a> 



<img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=SF25392&amp;sd=2026-08-12"></img> View original content to download multimedia:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/accuray-advances-strategic-priorities-through-key-executive-leadership-appointments-302850166.html" target="_blank">https://www.prnewswire.com/news-releases/accuray-advances-strategic-priorities-through-key-executive-leadership-appointments-302850166.html</a>SOURCE Accuray Incorporated

Accuray announced two leadership appointments to advance its Transformation Phase II, focusing on operating discipline, cash flow, and profitability. Todd Brown will head the new Enterprise Performance Optimization group, while Sofiane Laoussadi leads Global Services & Solutions, aiming to expand high-margin services and accelerate profitable growth across geographies.

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Accuray Advances Strategic Priorities Through Key Executive Leadership Appointments

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