Bellerophon CEO Peter Fernandes and VP Parag Shah to depart under separation agreements

Bellerophon Therapeutics, Inc.

CEO Peter Fernandes' separation effective Nov 15, 2023; receives lump sums of $205,950 plus two $102,975 payments.
VP Parag Shah's separation effective Aug 31, 2023; receives $140,600 upfront and $140,600 later.
Both will perform transition duties until separation dates and have signed release of claims and non-solicit covenants.
No successor or interim appointments announced for either departing executive.

item 5.02

Executive movements

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

Departed

Peter Fernandes

Chief Executive Officer

Bellerophon Therapeutics, Inc.

Effective: 2023-11-15
Filed: August 7, 2023, 7:59 PM ET

On August 3, 2023, Bellerophon Therapeutics, Inc. (the “Company”) entered into a transition and separation agreement with Peter Fernandes, the Company’s Chief Executive Officer

Departed

Parag Shah

Vice President of Business Operations

Bellerophon Therapeutics, Inc.

Effective: 2023-08-31
Filed: August 7, 2023, 7:59 PM ET

and a transition and separation agreement with Parag Shah, the Company’s Vice President of Business Operations

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Peter Fernandes departed as Chief Executive Officer at Bellerophon Therapeutics, Inc..

Action: separated
Role: Chief Executive Officer

Exact text from the filing

On August 3, 2023, Bellerophon Therapeutics, Inc. (the “Company”) entered into a transition and separation agreement with Peter Fernandes, the Company’s Chief Executive Officer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Parag Shah departed as Vice President of Business Operations at Bellerophon Therapeutics, Inc..

Action: separated
Role: Vice President of Business Operations

Exact text from the filing

and a transition and separation agreement with Parag Shah, the Company’s Vice President of Business Operations

View on SEC.gov

Source: SEC EDGAR

accession 0001104659-23-088330

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