Climb Bio appoints Susan Altschuller as CFO, grants 600,000 stock options

Climb Bio, Inc.

Appointed Susan Altschuller, Ph.D., MBA, as CFO and Treasurer effective Oct 1, 2025; previously CFO at Cerevel and ImmunoGen.
Base salary $510,000/year; eligible for annual bonus up to 40% of base.
Received option to purchase 600,000 shares under 2025 Inducement Plan; vesting 25% on one-year anniversary then monthly.
Board amended Inducement Plan to increase reserved shares from 1.25M to 2.0M.
Cindy Driscoll steps down as principal financial officer but continues as principal accounting officer.

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