Cerus CEO Greenman transitions to Executive Chairman; salary $500K, role through May 2027

CERUS CORP

Effective July 1, 2026, William Greenman becomes Executive Chairman, reporting to Board and CEO.
Annual base salary $500,000; target bonus 80% for 2026, no bonus for 2027.
Role is temporary until May 31, 2027, with ~60% time commitment.
COBRA premium reimbursement if eligible; prior CEO role ended.
Severance eligibility based on new role and compensation per amended agreement.

item 5.02 item 9.01

Executive movements

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Role change

William Greenman

Executive Chairman

CERS · CERUS CORP

Effective: 2026-07-01
Filed: July 10, 2026, 4:35 PM ET

William “Obi” Greenman, former President and Chief Executive Officer and Chairman of the Board of Directors (the “Board”) of Cerus Corporation (the “Company”), ceased serving as President and Chief Executive Officer and began serving as Executive Chairman of the Board effective July 1, 2026 (the “Effective Date”).

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

William Greenman was appointed as Executive Chairman at CERUS CORP.

Action: appointed
Role: Executive Chairman

Exact text from the filing

William “Obi” Greenman, former President and Chief Executive Officer and Chairman of the Board of Directors (the “Board”) of Cerus Corporation (the “Company”), ceased serving as President and Chief Executive Officer and began serving as Executive Chairman of the Board effective July 1, 2026 (the “Effective Date”).

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CERUS CORP filing history →

Source: SEC EDGAR

accession 0001020214-26-000015

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