leadership
confidence high
sentiment neutral
materiality 0.40
Aldeyra CDO Stephen Machatha resigns; transition through March 2026 with $176K severance
Aldeyra Therapeutics, Inc.
- Chief Development Officer Stephen G. Machatha voluntarily resigns effective on/before March 31, 2026.
- Machatha to remain employed through transition period to ensure smooth handoff.
- Severance includes $88K lump sum (50% of 2025 bonus at 110% of target) plus another $88K on release.
- No dispute with management cited as reason for departure.