Codexis CFO Sriram Ryali departs; enters separation agreement with 75% target bonus and consulting

CODEXIS, INC.

CFO Sriram Ryali ceased service on Sep 30, 2024; separation agreement entered on Oct 16, 2024.
Ryali receives severance per existing change of control agreement and a bonus equal to 75% of his target bonus for FY2024.
Ryali to provide transitional consulting on as-needed basis through Feb 28, 2025, with hourly fee and equity vesting.

item 5.02

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Departed

Sriram Ryali

Chief Financial Officer

CDXS · CODEXIS, INC.

Effective: 2024-09-30
Filed: October 22, 2024, 7:59 PM ET

Sriram Ryali ceased to serve as the Company’s Chief Financial Officer and principal financial and accounting officer effective as of September 30, 2024.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Sriram Ryali departed as Chief Financial Officer at CODEXIS, INC..

Action: ceased to serve
Role: Chief Financial Officer

Exact text from the filing

Sriram Ryali ceased to serve as the Company’s Chief Financial Officer and principal financial and accounting officer effective as of September 30, 2024.

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CODEXIS, INC. filing history →

Source: SEC EDGAR

accession 0001193125-24-241035

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