Savara appoints Dave Lowrance as CFO & CAO; enters amended CEO/CFO employment agreements

Savara Inc

CEO Matt Pauls amended agreement: $595k base salary, 50% target bonus, enhanced severance.
CFO Dave Lowrance promoted to CFO & CAO; new agreement: $437,561 base, 40% target bonus.
2023 bonus targets: CEO $297,500, CMO $188,000, CFO & CAO $175,024.
Severance includes COBRA reimbursements up to 18 months (24 months within Change of Control).
Effective date December 13, 2022; agreements supersede prior versions.

item 5.02 item 9.01

Executive movements

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Role change

Dave Lowrance

Chief Financial and Administrative Officer

SVRA · Savara Inc

Effective: 2022-12-13
Filed: December 15, 2022, 6:59 PM ET

On the Effective Date, the Board of Directors (the “Board”) of Savara appointed Dave Lowrance, who has served as Savara’s Chief Financial Officer since November 2016, as Chief Financial and Administrative Officer of Savara.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Dave Lowrance was appointed as Chief Financial and Administrative Officer at Savara Inc.

Action: appointed
Role: Chief Financial and Administrative Officer

Exact text from the filing

On the Effective Date, the Board of Directors (the “Board”) of Savara appointed Dave Lowrance, who has served as Savara’s Chief Financial Officer since November 2016, as Chief Financial and Administrative Officer of Savara.

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Savara Inc filing history →

Source: SEC EDGAR

accession 0001193125-22-305901

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