Pulmonx reappoints Glen French as CEO and Derrick Sung as COO/CFO; Q3 preliminary revenue ~$21.5M

Pulmonx Corp

Glen French (former CEO 2014-2024) reappointed President and CEO; Derrick Sung (former CFO) appointed COO and CFO effective Nov 3, 2025.
Steve Williamson and Mehul Joshi resigned as CEO and CFO; each will serve as advisors through Dec 1, 2025; departures not due to any disagreement.
Preliminary Q3 2025 revenue expected approximately $21.5M; full results and earnings call rescheduled to Nov 12, 2025.
Williamson receives $600K severance plus COBRA; Joshi receives $347,625 plus COBRA as separation compensation.
French receives $625K base salary, 100% target bonus, RSU for 1.2M shares, and PSU for 800K shares with $4.00 stock price performance condition.

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