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 5.02item 5.07item 9.01

Executive movements

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Appointed (interim)

Neil Berkley

Interim Chief Financial Officer

ALEC · Alector, Inc.

Effective: 2025-06-20
Filed: Jun 13, 2025 23:59 UTC

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: Jun 13, 2025 23:59 UTC

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: Jun 13, 2025 23:59 UTC

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

Source: SEC EDGAR

accession 0001193125-25-140731

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