OraSure appoints Ken McGrath as CFO; three directors resign as part of strategic transformation

ORASURE TECHNOLOGIES INC

Ken McGrath named CFO effective Aug 8, 2022; succeeds Scott Gleason, who served as interim CFO since Sep 2021.
$475K base salary, 50% target bonus, 131,883 restricted shares (value $400K) vesting over 3 years.
Directors Michael Celano, Ronny Lancaster, Eamonn Hobbs resign effective Nov 8, 2022; board size reduced from 10 to 7.
Mara Aspinall appointed as new Chairwoman of the Board effective Nov 8, 2022.
McGrath brings over 20 years healthcare finance experience, most recently VP Finance at Quest Diagnostics.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed (interim)

Scott Gleason

Interim Chief Financial Officer

OSUR · ORASURE TECHNOLOGIES INC

Effective: 2022-08-10
Successor: Ken McGrath
Filed: August 12, 2022, 7:59 PM ET

Mr. McGrath will succeed Mr. Scott Gleason, who has served as the Company’s Interim Chief Financial Officer since September 2021.

Appointed

Ken McGrath

Chief Financial Officer

OSUR · ORASURE TECHNOLOGIES INC

Effective: 2022-08-08
Successor: Scott Gleason
Filed: August 12, 2022, 7:59 PM ET

On August 8, 2022, the board of directors (the “Board”) of OraSure Technologies, Inc. (the “Company”) appointed Ken McGrath as the Company’s Chief Financial Officer, effective August 8, 2022 (the “Effective Date”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.85

Scott Gleason departed as Interim Chief Financial Officer at ORASURE TECHNOLOGIES INC.

Role: Interim Chief Financial Officer

Exact text from the filing

Mr. McGrath will succeed Mr. Scott Gleason, who has served as the Company’s Interim Chief Financial Officer since September 2021.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ken McGrath was appointed as Chief Financial Officer at ORASURE TECHNOLOGIES INC.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On August 8, 2022, the board of directors (the “Board”) of OraSure Technologies, Inc. (the “Company”) appointed Ken McGrath as the Company’s Chief Financial Officer, effective August 8, 2022 (the “Effective Date”).

View on SEC.gov

ORASURE TECHNOLOGIES INC filing history →

Source: SEC EDGAR

accession 0000950170-22-017127

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