BioXcel CCO Matthew Wiley departs; severance includes 9-mo salary, consulting through 2024

BioXcel Therapeutics, Inc.

Matthew Wiley (SVP, Chief Commercial Officer) separated on Oct 2, 2024; severance agreement signed Oct 3.
Severance: 9 months base salary continuation, prorated 2024 bonus, 9 months COBRA reimbursement.
Consulting agreement with Wiley's LLC at $330/hr, $7,500 retainer, runs through Dec 31, 2024.
Standard release of claims and non-disparagement obligations included in separation agreement.

item 5.02 item 9.01

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Departed

Matthew Wiley

Senior Vice President and Chief Commercial Officer

BTAI · BioXcel Therapeutics, Inc.

Effective: 2024-10-02
Filed: October 9, 2024, 7:59 PM ET

Matthew Wiley, Senior Vice President and Chief Commercial Officer of BioXcel Therapeutics, Inc. (the “ Company ”), and the Company agreed that Mr. Wiley would cease his employment with the Company, effective October 2, 2024

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Executive change SEC 8-K Item 5.02 confidence 0.95

Matthew Wiley departed as Senior Vice President and Chief Commercial Officer at BioXcel Therapeutics, Inc..

Action: cease employment
Role: Senior Vice President and Chief Commercial Officer

Exact text from the filing

Matthew Wiley, Senior Vice President and Chief Commercial Officer of BioXcel Therapeutics, Inc. (the “ Company ”), and the Company agreed that Mr. Wiley would cease his employment with the Company, effective October 2, 2024

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BioXcel Therapeutics, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-24-107327

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