leadership
confidence high
sentiment neutral
materiality 0.50
Applied Therapeutics appoints Les Funtleyder as CFO effective Nov 20, 2023
Applied Therapeutics, Inc.
- Funtleyder receives $525k base salary, 40% target bonus, and 300,000 RSUs vesting over 2 years.
- Catherine Thorpe ceases as interim principal financial officer; remains Chief Accounting Officer.
- Severance includes 3 months base salary, 3 months COBRA, prorated bonus, and full equity vesting upon qualifying termination.
- Good reason for resignation defined as >10% salary cut, material duty reduction, or relocation >50 miles.
- Employment at-will; cause defined as felony, fraud, material breach of duties.