---
schema_version: "secwatch.filing_event.v1"
accession: "0001020214-26-000015"
form_type: "8-K"
ticker: "CERS"
cik: "0001020214"
company_name: "CERUS CORP"
filed_at: "2026-07-10T20:35:47+00:00"
generated_at: "2026-07-10T20:37:03.628313+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001020214-26-000015
- form_type: 8-K
- ticker: CERS
- cik: 0001020214
- company_name: CERUS CORP
- filed_at: 2026-07-10T20:35:47+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1020214/000102021426000015/0001020214-26-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1020214/000102021426000015/cers-20260706.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001020214-26-000015
- JSON: https://secwatch.observer/filing/0001020214-26-000015.json
- Plain text: https://secwatch.observer/filing/0001020214-26-000015.txt

## Key facts
- Executive change
  William Greenman was appointed as Executive Chairman at CERUS CORP.
  - Action: appointed
  - Role: Executive Chairman
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1020214/000102021426000015/0001020214-26-000015-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.