Xencor Inc (XNCR) has provided an update.
John Kuch is set to retire from his CFO position at Xencor, Inc. on March 31, 2024, and Bart Cornelissen will take over on April 9, 2024. Cornelissen brings a wealth of financial experience from his previous roles at Seagen Inc. and the Bill & Melinda Gates Foundation. As the new CFO, he will receive a competitive salary, bonus opportunities, stock options, and other executive benefits. His agreement includes a severance package should he be terminated without cause or resign for a good reason, particularly in the event of a change in control at the company.
Learn more about XNCR stock on TipRanks’ Stock Analysis page.
