Corbus discloses COO Craig Millian's separation terms: $445,630 severance over 12 months

Corbus Pharmaceuticals Holdings, Inc.

Craig Millian resigned as COO; separation date April 14, 2023; agreement signed April 24, 2023.
Severance includes $445,630 aggregate payment over 12 months plus COBRA premium reimbursement for 12 months.
If a Change in Control occurs within 3 months of separation, severance extends to 18 months of base salary + COBRA.
Stock option exercise period extended to 18 months from separation date.
Agreement includes general release, cooperation, and non-disclosure obligations.

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

Craig Millian

Chief Operating Officer

CRBP · Corbus Pharmaceuticals Holdings, Inc.

Effective: 2023-04-14
Filed: April 24, 2023, 7:59 PM ET

On April 24, 2023, Mr. Millian and the Company entered into a Separation and General Release Agreement (the “Separation Agreement”) related to Mr. Millian’s resignation as Chief Operating Officer from the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Craig Millian resigned as Chief Operating Officer at Corbus Pharmaceuticals Holdings, Inc..

Action: resigned
Role: Chief Operating Officer

Exact text from the filing

On April 24, 2023, Mr. Millian and the Company entered into a Separation and General Release Agreement (the “Separation Agreement”) related to Mr. Millian’s resignation as Chief Operating Officer from the Company.

View on SEC.gov

Corbus Pharmaceuticals Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-014119

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.