leadership
confidence high
sentiment neutral
materiality 0.70
Cue Biopharma CEO Usman Azam resigns; Lucinda Warren named Interim CEO
Cue Biopharma, Inc.
- Usman Azam resigned as President, CEO and Board member effective March 26, 2026.
- Lucinda Warren, previously CFO and CBO, appointed Interim President and CEO effective March 27, 2026; retains CFO and CBO roles.
- Warren's base salary $525,000; eligible for 45% target bonus and up to 1.0% stock option upon financing milestone.
- Azam severance: lump sum $232,500 (3 months salary plus 25% of 2026 target bonus) plus up to 12 months COBRA.
- Warren receives $10,000/month supplemental until new CEO hired or 12-month anniversary, with lump sum if earlier.
item 5.02