secwatch.observer — SEC 8-K summary
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Issuer:     Clene Inc. (CLNN)
CIK:        0001822791
Form:       8-K
Filed at:   2022-02-02T23:59:59+00:00
Accession:  0000950170-22-000656
Event type: leadership
Sentiment:  positive
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clene appoints Morgan Brown as CFO, new employment agreements for CEO and CMO
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- Morgan Brown appointed CFO effective Feb 1, 2022; base salary $375k, bonus target 40%.
- Outgoing CFO Ted Jeong to consult through Dec 2022; receives $20k consulting fee, $80k bonus, and stock option vesting.
- CEO Robert Etherington enters new agreement: base salary $560k, bonus target 50%.
- CMO Robert Glanzman amends agreement: base salary $410k, bonus target 40%.
- Brown brings experience from Lipocine, Innovus, World Heart, and over $1B in financings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822791/000095017022000656/0000950170-22-000656-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822791/000095017022000656/clnn-20220201.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-000656

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer