8-K
filed September 12, 2022, 7:59 PM ET
ticker TXMD
CIK 0000025743
leadership
confidence high
sentiment neutral
materiality 0.70
TherapeuticsMD CEO departs; co-founder & CBO named interim co-CEOs; strategic review ongoing
TherapeuticsMD, Inc.
- CEO Hugh O'Dowd departed Sept 6, 2022; termination without 'Good Cause' triggers severance.
- Dr. Brian Bernick (co-founder, Chief Scientific/Medical Officer) and Mark Glickman (Chief Business Officer) named Interim Co-CEOs.
- Tommy Thompson, former Chairman since 2012, appointed Executive Chairman.
- Press release states the Company continues its robust strategic alternatives process.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Tommy Thompson was appointed as Executive Chairman at TherapeuticsMD, Inc..
- Action
- appointed
- Role
- Executive Chairman
Exact text from the filing
the Board appointed The Honorable Tommy Thompson, who previously served as the Company’s Chairman of the Board, as the Executive Chairman of the Board.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Mark Glickman was appointed as Interim Co-Chief Executive Officer at TherapeuticsMD, Inc..
- Action
- appointed
- Role
- Interim Co-Chief Executive Officer
Exact text from the filing
On September 6, 2022, the board of directors (the “Board”) of TherapeuticsMD, Inc., a Nevada corporation (the “Company”), appointed Dr. Brian Bernick, the Company’s co-founder and Chief Scientific and Medical Officer, and Mr. Mark Glickman, the Company’s Chief Business Officer, as the Company’s Interim Co-Chief Executive Officers
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Hugh O'Dowd departed as Chief Executive Officer at TherapeuticsMD, Inc..
- Action
- termination without 'Good Cause'
- Role
- Chief Executive Officer
Exact text from the filing
Mr. O’Dowd’s separation as the Company’s Chief Executive Officer is a termination without “Good Cause,”
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Brian Bernick was appointed as Interim Co-Chief Executive Officer at TherapeuticsMD, Inc..
- Action
- appointed
- Role
- Interim Co-Chief Executive Officer
Exact text from the filing
On September 6, 2022, the board of directors (the “Board”) of TherapeuticsMD, Inc., a Nevada corporation (the “Company”), appointed Dr. Brian Bernick, the Company’s co-founder and Chief Scientific and Medical Officer, and Mr. Mark Glickman, the Company’s Chief Business Officer, as the Company’s Interim Co-Chief Executive Officers
View on SEC.gov
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