leadership
confidence high
sentiment negative
materiality 0.55
Quince Therapeutics CMO Karen Smith to depart effective Sept 1, 2023
Quince Therapeutics, Inc.
- Chief Medical Officer Karen Smith, M.D., Ph.D. will depart on September 1, 2023.
- Separation agreement includes 12 months base salary severance plus prorated 2023 bonus and health benefits lump sum.
- Outstanding equity awards subject to 50% accelerated vesting; additional benefits if change in control occurs within 3 months after departure.
- Dr. Smith will continue as employee until the departure date under transition and separation agreement.