Cryoport appoints Edward Zecchini as SVP CDTO; CEO, CFO, CSO contracts amended through 2027
Cryoport, Inc.
Edward Zecchini resigned from Board effective Feb 19, 2024, to become Senior VP & Chief Digital & Technology Officer.
CEO Jerrell Shelton's agreement extended to Feb 15, 2027; termination without cause triggers full equity vesting, no COBRA.
CFO Robert Stefanovich and CSO Mark Sawicki agreements extended to Feb 15, 2027; termination without cause yields one-year accelerated vesting, reduced COBRA.
For all three, company non-renewal of contract is deemed termination without cause, entitling them to severance benefits.
No disagreements were reported with Zecchini's transition or the employment agreement amendments.
On February 10, 2024, Edward Zecchini accepted the offer to join Cryoport, Inc. (the “Company”) as Senior Vice President – Chief Digital & Technology Officer and submitted his resignation from the Board of Directors of the Company both effective February 19, 2024.
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
Edward Zecchini changed role as Senior Vice President – Chief Digital & Technology Officer at Cryoport, Inc..
Action
transitioned
Role
Senior Vice President – Chief Digital & Technology Officer
Exact text from the filing
On February 10, 2024, Edward Zecchini accepted the offer to join Cryoport, Inc. (the “Company”) as Senior Vice President – Chief Digital & Technology Officer and submitted his resignation from the Board of Directors of the Company both effective February 19, 2024.
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