leadership
confidence high
sentiment neutral
materiality 0.50
Lyell Immunopharma CLO Rahsaan Thompson resigns, effective June 16, 2023
Lyell Immunopharma, Inc.
- Rahsaan Thompson to step down as Chief Legal Officer on June 16, 2023; no disagreement cited.
- Will provide transition services as independent contractor through Sep 29, 2023, unless earlier terminated.
- Severance includes $565,233 cash (base salary plus prorated bonus) paid over 12 months, COBRA subsidy up to 12 months.
- Signing bonus repayment of $150,000 waived; stock options continue vesting until end date, exercise period extended to June 30, 2024.