Chimerix promotes Michelle LaSpaluto to CFO effective Dec 1, 2023; $405K salary, 40% bonus target

CHIMERIX INC

Michelle LaSpaluto, previously VP of Corporate Financial Planning & IR, named CFO effective December 1, 2023.
Base salary of $405,000 per year; discretionary annual bonus target of 40% of base salary.
Granted option to purchase 17,000 shares vesting monthly over four years at grant-date closing price.
Severance under Officer Severance Benefit Plan: 12 months base salary, COBRA, and accelerated vesting tied to change-of-control.
LaSpaluto has over 25 years of financial experience; joined Chimerix in 2011.

item 5.02 item 9.01

Executive movements

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Role change

Michelle LaSpaluto

Chief Financial Officer

CHIMERIX INC

Effective: 2023-12-01
Filed: December 4, 2023, 6:59 PM ET

On November 29, 2023, the Board of Directors of Chimerix, Inc. (the “Company”) promoted Michelle LaSpaluto to the position of Chief Financial Officer of the Company, effective December 1, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Michelle LaSpaluto changed role as Chief Financial Officer at CHIMERIX INC.

Action: promoted
Role: Chief Financial Officer

Exact text from the filing

On November 29, 2023, the Board of Directors of Chimerix, Inc. (the “Company”) promoted Michelle LaSpaluto to the position of Chief Financial Officer of the Company, effective December 1, 2023.

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Source: SEC EDGAR

accession 0001117480-23-000030

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