---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-246472"
form_type: "8-K"
ticker: "MDXG"
cik: "0001376339"
company_name: "MIMEDX GROUP, INC."
filed_at: "2022-09-16T23:59:59+00:00"
generated_at: "2026-06-23T09:03:02.857239+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# MiMedx appoints Todd Newton as Interim CEO; former CEO Wright receives $3.1M severance

## Summary
- K. Todd Newton named interim CEO effective Sept 14, 2022; monthly salary of $54,166.67.
- Newton receives 200,000 RSUs vesting on one-year anniversary or earlier upon certain events.
- Former CEO Timothy Wright receives $3,105,000 severance (24 months salary + 2x bonus).
- Wright will provide consulting services at $500/hour up to 8 hours per week post-termination.
- Newton to continue as Board member after interim CEO role; eligibility for 2023 equity incentive.

## SEC filing metadata
- accession: 0001193125-22-246472
- form_type: 8-K
- ticker: MDXG
- cik: 0001376339
- company_name: MIMEDX GROUP, INC.
- filed_at: 2022-09-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1376339/000119312522246472/0001193125-22-246472-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1376339/000119312522246472/d400313d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-246472
- JSON: https://secwatch.observer/filing/0001193125-22-246472.json
- Plain text: https://secwatch.observer/filing/0001193125-22-246472.txt

## Key facts
- Executive change
  K. Todd Newton was appointed as Interim Chief Executive Officer at MIMEDX GROUP, INC..
  - Action: appointed
  - Role: Interim Chief Executive Officer
  source text: On September 14, 2022, MiMedx Group, Inc. (the “Company”) entered into an Interim Executive Employment Agreement (“Employment Agreement”) with K. Todd Newton, which provides for the following compensation in connection with Mr. Newton’s service as Interim Chief Executive Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1376339/000119312522246472/0001193125-22-246472-index.htm
- Executive change
  Timothy R. Wright departed as Chief Executive Officer at MIMEDX GROUP, INC..
  - Action: separated
  - Role: Chief Executive Officer
  source text: On September 15, 2022, the Company entered into a Separation Agreement and General Release with Timothy R. Wright, the former Chief Executive Officer of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1376339/000119312522246472/0001193125-22-246472-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.