leadership
confidence high
sentiment neutral
materiality 0.50
Exelixis finalizes separation with former CMO Vicki Goodman, consulting through Dec 2023
EXELIXIS, INC.
- Dr. Goodman concluded service as EVP Product Development & CMO effective August 23, 2023.
- Separation agreement provides severance payments and benefits under company's Change in Control and Severance Benefit Plan, payable in lump sum.
- Consulting agreement for up to 4 months (Sept 1 to Dec 31, 2023) with monthly fee of $20,000.
- Consulting may be terminated by either party with 5 business days' notice.