Accelerate Diagnostics adds Shalhoub, Nathan to board; forms strategic alternatives committee

Accelerate Diagnostics, Inc

Elected Paul Shalhoub and Gilbert Nathan as independent directors effective April 10, 2025; each receives $25k monthly cash fee.
Board formed a Special Committee (Burris, Shalhoub, Nathan) to oversee strategic alternatives to maximize value, no assurances given.
Approved retention bonuses: CFO David Patience $159,650 and CTO Lawrence Mertz $171,458, payable soon with 180-day clawback.
Nathan appointed per director nomination rights from note purchase agreement related to 16% Super-Priority Senior Secured PIK Notes due 2025.

item 5.02

Executive movements

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

Appointed

Paul Shalhoub

Director

Accelerate Diagnostics, Inc

Effective: 2025-04-10
Filed: April 15, 2025, 7:59 PM ET

unanimously elected Paul Shalhoub and Gilbert Nathan to serve as new directors, effective immediately.

Appointed

Gilbert Nathan

Director

Accelerate Diagnostics, Inc

Effective: 2025-04-10
Filed: April 15, 2025, 7:59 PM ET

unanimously elected Paul Shalhoub and Gilbert Nathan to serve as new directors, effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Paul Shalhoub was elected as Director at Accelerate Diagnostics, Inc.

Action: elected
Role: Director

Exact text from the filing

unanimously elected Paul Shalhoub and Gilbert Nathan to serve as new directors, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Gilbert Nathan was elected as Director at Accelerate Diagnostics, Inc.

Action: elected
Role: Director

Exact text from the filing

unanimously elected Paul Shalhoub and Gilbert Nathan to serve as new directors, effective immediately.

View on SEC.gov

Source: SEC EDGAR

accession 0001104659-25-035184

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