---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-108629"
form_type: "8-K"
ticker: "CERS"
cik: "0001020214"
company_name: "CERUS CORP"
filed_at: "2026-03-16T23:59:59+00:00"
generated_at: "2026-05-15T11:19:39.582368+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Cerus names Vivek Jayaraman as President and CEO, effective July 1, 2026

## Summary
- Vivek Jayaraman, current COO, will become President and CEO effective July 1, 2026; current CEO Obi Greenman becomes Executive Chairman.
- Jayaraman's base salary $740,000; target bonus up to 80% of base salary.
- Promotion equity award of $2M (75% time-based RSUs, 25% performance-based RSUs); additional $1M achievement award (performance-based RSUs).
- Severance: 12 months base salary plus COBRA continuation and full acceleration of unvested equity upon qualifying termination.

## SEC filing metadata
- accession: 0001193125-26-108629
- form_type: 8-K
- ticker: CERS
- cik: 0001020214
- company_name: CERUS CORP
- filed_at: 2026-03-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1020214/000119312526108629/0001193125-26-108629-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1020214/000119312526108629/cers-20260311.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-108629
- JSON: https://secwatch.observer/filing/0001193125-26-108629.json
- Plain text: https://secwatch.observer/filing/0001193125-26-108629.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.