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The latest update is out from Alector Inc (ALEC).
Terry McGuire has retired from his position on the Board of Directors at Alector, Inc. for personal reasons, effective March 20, 2024, without any disagreements with the company’s operations or policies. In his stead, Errol De Souza, Ph.D., and Mark Altmeyer have been appointed as new board members, with their terms expiring in 2026 and 2024 respectively. They will receive compensation as per the company’s policy and have been granted stock options and restricted stock units, with provisions for vesting and potential full vesting upon a change in control transaction. They have also entered into the company’s standard indemnification agreement without any undisclosed financial arrangements or transactions.
For an in-depth examination of ALEC stock, go to TipRanks’ Stock Analysis page.
