leadership
confidence high
sentiment positive
materiality 0.40
KalVista appoints Laurence Reid, Ph.D. to Board of Directors
KalVista Pharmaceuticals, Inc.
- Laurence Reid appointed to KalVista Board effective Nov 23, 2024; term expires at 2027 annual meeting.
- Compensation: initial option for 17,000 shares, $42,500 annual cash retainer, annual option for 10,000 shares.
- Reid brings over 30 years biotech experience; was CEO of Decibel Therapeutics prior to Regeneron acquisition.
- Reid's appointment comes as KalVista progresses sebetralstat toward FDA PDUFA date of June 17, 2025.
- Board determined Reid independent under Nasdaq rules.