leadership
confidence high
sentiment neutral
materiality 0.45
Tango Therapeutics appoints Sung H. Lee to Board; grants option for 60k shares at $8.93
Tango Therapeutics, Inc.
- Board expanded to 8; Lee appointed as Class I director, term until 2028 annual meeting.
- Lee to receive stock option for 60,000 shares at $8.93, vesting monthly over 3 years.
- Lee to receive RSU for 10,000 shares vesting annually over 3 years; $40k annual retainer.
- Lee is EVP & CFO at Cytokinetics, previously CFO at Vir, MorphoSys, Sangamo; 20+ yrs finance experience.
- CEO says Lee's expertise will support lead program vopimetostat in registrational studies.