---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-146107"
form_type: "8-K"
ticker: null
cik: "0001162461"
company_name: "CUTERA INC"
filed_at: "2023-05-16T23:59:59+00:00"
generated_at: "2026-06-14T23:15:37.346028+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Cutera appoints Stuart Drummond as Interim CFO, grants retention bonuses

## Summary
- Stuart Drummond appointed Interim CFO effective May 5, 2023, with annual base salary of $300,000.
- Drummond eligible for retention bonuses totaling $170,000 tied to new CFO appointment and subsequent milestones.
- Michael Karavitis granted retention bonuses of $225,000 payable on four dates from July 2023 to April 2024.
- Board approved new Executive Change in Control and Severance Policy with tiered severance benefits (Tier 3 for Drummond, Tier 2 for Karavitis).

## SEC filing metadata
- accession: 0001193125-23-146107
- form_type: 8-K
- cik: 0001162461
- company_name: CUTERA INC
- filed_at: 2023-05-16T23:59:59+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/1162461/000119312523146107/0001193125-23-146107-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1162461/000119312523146107/d434153d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-146107
- JSON: https://secwatch.observer/filing/0001193125-23-146107.json
- Plain text: https://secwatch.observer/filing/0001193125-23-146107.txt

## Key facts
- Executive change
  Stuart Drummond was appointed as Interim Chief Financial Officer at CUTERA INC.
  - Action: appointed
  - Role: Interim Chief Financial Officer
  source text: the board of directors (the “Board”) of Cutera, Inc. (the “Company”) appointed Stuart Drummond as Interim Chief Financial Officer (“CFO”) of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1162461/000119312523146107/0001193125-23-146107-index.htm

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