leadership
confidence high
sentiment neutral
materiality 0.55
CG Oncology appoints Jim DeTore as CFO with $520K base and $5M equity
CG Oncology, Inc.
- Jim DeTore, age 61, appointed CFO effective April 13, 2026; previously served as interim principal financial officer since Nov 2025.
- Initial annual base salary of $520,000 with target bonus of 45% of base salary.
- Equity grants: $4M stock option (4-year vest, 25% one-year cliff) and $1M PSU award (vesting on first U.S. commercial sale and positive operating cash flow).
- Severance includes 12 months base salary and COBRA for non-CIC terminations; 1.5x base salary and full vesting for CIC terminations.
- DeTore reports to CEO and will work remotely from Boston area.