other_material
confidence high
sentiment neutral
materiality 0.35
Lisata Therapeutics raises CEO salary to $717,229, CMO salary to $599,342 in amended employment agreements
LISATA THERAPEUTICS, INC.
- CEO David Mazzo base salary increased to $717,229 from $633,032; $12,000 non-accountable expense allowance removed.
- CMO Kristen Buck base salary increased to $599,342 from $550,000.
- Amended severance terms for CEO, CMO, CAO Nisco, and GC Imam; includes COBRA reimbursement changes and Section 409A clarifications.
- Change in Control definition amended to include shareholder-approved complete liquidation, subject to 409A requirements.
item 5.02item 9.01