secwatch.observer — SEC 8-K summary
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Issuer:     Danimer Scientific, Inc. (—)
CIK:        0001779020
Form:       8-K
Filed at:   2024-10-16T23:59:59+00:00
Accession:  0000950170-24-114849
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Danimer Scientific appoints Richard Altice as Interim CEO, CEO Croskrey steps down
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- CEO Stephen Croskrey steps down effective Oct 14, 2024, will serve as Special Advisor through end of year.
- Director Richard Altice appointed Interim CEO, granted 300,000 Stock Appreciation Rights at 135% of Oct 14 closing price.
- Altice receives $25,000 monthly cash compensation during interim CEO tenure, ceases Nominating Committee role.
- Richard Hendrix steps down as Interim Executive Chairman, remains independent Chairman of the Board.
- Board forms Executive Committee to lead search for permanent CEO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1779020/000095017024114849/0000950170-24-114849-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1779020/000095017024114849/dnmr-20241014.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-114849

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