leadership
confidence high
sentiment neutral
materiality 0.50
Crinetics COO James Hassard departs; consulting deal through Jan 2025 at $200/hr
Crinetics Pharmaceuticals, Inc.
- James Hassard ceased as COO effective Oct 14, 2024; consulting and separation agreements signed Oct 10.
- Consulting agreement: up to 20 hrs/month at $200/hr through Jan 15, 2025 for commercial launch prep.
- Separation agreement provides payments/benefits for termination without cause per employment contract.
- Outstanding equity awards continue to vest through Jan 15, 2025; prior employment agreement terminated.