Assertio appoints Brendan P. O'Grady as new CEO effective May 29, 2024

Assertio Holdings, Inc.

Brendan P. O'Grady appointed CEO and director, effective May 29, 2024.
Heather Mason transitions back to independent director role after serving as interim CEO since Jan 2024.
O'Grady base salary $850,000 with 85% target bonus; receives 1.8M stock options and 500K RSUs as inducement.
O'Grady previously CEO of Glenmark Global Formulations, CCO of Amwell, and CEO of Teva USA.
Management continuity agreement provides severance of 2x base salary plus target bonus upon change-in-control termination.

item 5.02 item 7.01 item 9.01

Executive movements

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

Role change

Heather L. Mason

Independent Director

ASRT · Assertio Holdings, Inc.

Effective: 2024-05-29
Successor: Brendan P. O'Grady
Filed: May 29, 2024, 7:59 PM ET

Heather L. Mason, who has served as Interim Chief Executive Officer since January 2024, will transition back to her role as independent director.

Appointed

Brendan P. O'Grady

Chief Executive Officer

ASRT · Assertio Holdings, Inc.

Effective: 2024-05-29
Filed: May 29, 2024, 7:59 PM ET

appointed Brendan P. O’Grady to serve as the Company’s Chief Executive Officer (and principal executive officer) and as a director.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Heather L. Mason changed role as Independent Director at Assertio Holdings, Inc..

Action: transitioned back to
Role: Independent Director

Exact text from the filing

Heather L. Mason, who has served as Interim Chief Executive Officer since January 2024, will transition back to her role as independent director.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Brendan P. O'Grady was appointed as Chief Executive Officer at Assertio Holdings, Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

appointed Brendan P. O’Grady to serve as the Company’s Chief Executive Officer (and principal executive officer) and as a director.

View on SEC.gov

Assertio Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-24-065886

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.