leadership
confidence high
sentiment neutral
materiality 0.60
Alaunos terminates SVP Legal and VP R&D; execs receive separation payments, consulting
Alaunos Therapeutics, Inc.
- Melinda Lackey (SVP, Legal) and Drew Deniger (VP, R&D) terminated without cause, effective Nov 15, 2023.
- Lackey receives $180,000 separation payment; Deniger receives $182,500 separation payment.
- Lackey enters consulting agreement at $400/hour to assist with strategic alternatives review.
- Deniger agrees to cooperate on investigations and strategic alternatives for scientific assets.