Quanterix enhances CEO & CFO severance benefits; director Olson not seeking re-election

Quanterix Corp

Director Laurie Olson will not stand for re-election at June 3, 2024 Annual Meeting; no disagreement with company.
CEO Toloue's severance: salary continuation extended to 24 months (from 12) on change-in-control termination.
CFO Sriram's severance: salary continuation & COBRA increased to 12 months (from 6); bonus becomes full target (vs pro-rated) on change-in-control termination.
Both amendments effective April 9-11, 2024; apply if terminated without cause or resign for good reason near change in control.

item 5.02 item 9.01

Executive movements

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Departed

Laurie Olson

Director

QTRX · Quanterix Corp

Effective: 2024-06-03
Filed: April 12, 2024, 7:59 PM ET

received notice from director Laurie Olson that she will not stand for re-election at the Company’s 2024 Annual Meeting of Stockholders, which is expected to be held on June 3, 2024.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Laurie Olson departed as Director at Quanterix Corp.

Action: will not stand for re-election
Role: Director

Exact text from the filing

received notice from director Laurie Olson that she will not stand for re-election at the Company’s 2024 Annual Meeting of Stockholders, which is expected to be held on June 3, 2024.

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Quanterix Corp filing history →

Source: SEC EDGAR

accession 0001104659-24-046830

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