leadership
confidence high
sentiment neutral
materiality 0.75
Axogen appoints Michael Dale as CEO; Karen Zaderej steps down, remains advisory
Axogen, Inc.
- Michael Dale becomes CEO, President, and Director effective August 9, 2024; Karen Zaderej exits CEO role.
- Paul Thomas appointed Chair of the Board, effective August 9, 2024; he joined the Board in 2020.
- Dale receives $765k base salary, 100% target bonus, and 600,000 PSUs tied to stock price goals and Avance Nerve Graft BLA approval.
- Dale has 30+ years med device experience, most recently President of structural heart at Abbott (NYSE: ABT).
- Zaderej remains in advisory role for nine months under a previously disclosed Transition and Separation Agreement.