Codexis appoints Dr. Stephen Dilly as CEO, succeeding John Nicols who retires

CODEXIS, INC.

Dr. Stephen Dilly appointed President & CEO effective Aug 9, 2022; replaces John Nicols retiring Aug 8.
Dilly gets $710k base salary, 75% target bonus, $200k sign-on bonus, 700k options, 340k PSUs.
Nicols to serve as strategic advisor for 2 years: $40k/month (year 1), $20k/month (year 2); remains on board until 2023 annual meeting.
Board reconstituted Audit Committee; Byron Dorgan appointed to fill Dilly's prior seat.

item 5.02

Executive movements

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Appointed

Stephen Dilly

President and Chief Executive Officer

CDXS · CODEXIS, INC.

Effective: 2022-08-09
Filed: July 18, 2022, 7:59 PM ET

On July 17, 2022, the Board of Directors (the “Board”) of Codexis, Inc. (the “Company” or “Codexis”) appointed Dr. Stephen Dilly, a current Codexis Board member, as the Company’s President and Chief Executive Officer, effective August 9, 2022.

Departed

John Nicols

President and Chief Executive Officer

CDXS · CODEXIS, INC.

Effective: 2022-08-08
Successor: Stephen Dilly
Filed: July 18, 2022, 7:59 PM ET

Dr. Dilly succeeds John Nicols, the Company’s current President and Chief Executive Officer, who notified the Board of his intention to retire from such roles effective August 8, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Stephen Dilly was appointed as President and Chief Executive Officer at CODEXIS, INC..

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

On July 17, 2022, the Board of Directors (the “Board”) of Codexis, Inc. (the “Company” or “Codexis”) appointed Dr. Stephen Dilly, a current Codexis Board member, as the Company’s President and Chief Executive Officer, effective August 9, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

John Nicols retired as President and Chief Executive Officer at CODEXIS, INC..

Action: retired
Role: President and Chief Executive Officer

Exact text from the filing

Dr. Dilly succeeds John Nicols, the Company’s current President and Chief Executive Officer, who notified the Board of his intention to retire from such roles effective August 8, 2022.

View on SEC.gov

CODEXIS, INC. filing history →

Source: SEC EDGAR

accession 0001193125-22-196352

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