leadership
confidence high
sentiment neutral
materiality 0.30
Equillium director Yu Xu resigns; Peter Colabuono appointed to board
Equillium, Inc.
- Yu (Katherine) Xu, Ph.D., resigned from Equillium board and audit committee effective Dec 10, 2024; no disagreement cited.
- Peter Colabuono appointed Class II director, term expiring at 2026 annual meeting, filling Xu's vacancy.
- Colabuono receives $42,000 annual cash retainer, option for 40,000 shares vesting monthly over 3 years.
- Further annual automatic option grants of 20,000 shares vesting over 12 months; change-in-control acceleration.
- Barbara Troupin, M.D., appointed to audit committee; committee now Demski (chair), Manian, Troupin.