Alector CFO Marc Grasso resigns; Neil Berkley named interim CFO

Alector, Inc.

CFO Marc Grasso resigns effective June 20; Neil Berkley, CBO, becomes interim CFO while continuing as CBO.
Grace Wong-Sarad appointed VP Accounting, serving as principal accounting officer.
Annual meeting elected directors Rosenthal and Hammond, ratified Ernst & Young, approved say-on-pay.
Cash runway into H2 2027; latozinemab Phase 3 top-line data expected Q4 2025.
Berkley base salary $455k, retention bonus $91k; Wong-Sarad base $343,636 (rising to $363,636), retention $54,545.

item 5.02 item 5.07 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed (interim)

Neil Berkley

Interim Chief Financial Officer

ALEC · Alector, Inc.

Effective: 2025-06-20
Filed: June 13, 2025, 7:59 PM ET

Effective upon Dr. Grasso’s resignation, Neil Berkley will be Chief Business Officer and Interim Chief Financial Officer, serving as the principal financial officer of Alector

Departed

Marc Grasso

Chief Financial Officer

ALEC · Alector, Inc.

Effective: 2025-06-20
Successor: Neil Berkley
Filed: June 13, 2025, 7:59 PM ET

On June 9, 2025, Dr. Marc Grasso gave notice of his decision to resign from his position as Chief Financial Officer of Alector, Inc. (“Alector”) in order to pursue other opportunities.

Appointed

Grace Wong-Sarad

Vice President, Accounting

ALEC · Alector, Inc.

Effective: 2025-06-20
Filed: June 13, 2025, 7:59 PM ET

and Grace Wong-Sarad will be the Vice President, Accounting, serving as the principal accounting officer of Alector.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Neil Berkley was appointed as Interim Chief Financial Officer at Alector, Inc..

Action: appointed
Role: Interim Chief Financial Officer

Exact text from the filing

Effective upon Dr. Grasso’s resignation, Neil Berkley will be Chief Business Officer and Interim Chief Financial Officer, serving as the principal financial officer of Alector

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Marc Grasso resigned as Chief Financial Officer at Alector, Inc..

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

On June 9, 2025, Dr. Marc Grasso gave notice of his decision to resign from his position as Chief Financial Officer of Alector, Inc. (“Alector”) in order to pursue other opportunities.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Grace Wong-Sarad was appointed as Vice President, Accounting at Alector, Inc..

Action: appointed
Role: Vice President, Accounting

Exact text from the filing

and Grace Wong-Sarad will be the Vice President, Accounting, serving as the principal accounting officer of Alector.

View on SEC.gov

Alector, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-140731

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