Axogen appoints Nir Naor as CFO; Peter Mariani departs; FY2023 revenue guidance reaffirmed $154-159M

Axogen, Inc.

Nir Naor appointed CFO effective Dec 4, 2023, replacing Peter Mariani who stepped down at Board's request.
Naor receives base salary $475K, target bonus 60%, and inducement grant of 300,000 RSUs vesting over 3 years.
Mariani remains for brief transition; separation terms under discussion.
Company reaffirms FY2023 revenue guidance of $154-159M (11-15% growth) and gross margin ~80%.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Peter Mariani

Executive Vice President and Chief Financial Officer

AXGN · Axogen, Inc.

Effective: 2023-12-04
Successor: Nir Naor
Filed: December 6, 2023, 6:59 PM ET

Effective upon Mr. Naor’s appointment, Peter Mariani stepped down from his role as the Executive Vice President and Chief Financial Officer of the Company and Axogen Corporation, a Delaware corporation (“AC”) and wholly owned subsidiary of the Company, at the request of the Board.

Appointed

Nir Naor

Chief Financial Officer

AXGN · Axogen, Inc.

Effective: 2023-12-04
Filed: December 6, 2023, 6:59 PM ET

On December 6, 2023, Axogen, Inc. (the “Company”) announced the appointment of Nir Naor as Chief Financial Officer, effective December 4, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Peter Mariani departed as Executive Vice President and Chief Financial Officer at Axogen, Inc..

Action: stepped down
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

Effective upon Mr. Naor’s appointment, Peter Mariani stepped down from his role as the Executive Vice President and Chief Financial Officer of the Company and Axogen Corporation, a Delaware corporation (“AC”) and wholly owned subsidiary of the Company, at the request of the Board.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Nir Naor was appointed as Chief Financial Officer at Axogen, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On December 6, 2023, Axogen, Inc. (the “Company”) announced the appointment of Nir Naor as Chief Financial Officer, effective December 4, 2023.

View on SEC.gov

Axogen, Inc. filing history →

Source: SEC EDGAR

accession 0000805928-23-000151

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