leadership
confidence high
sentiment neutral
materiality 0.50
Tenax Therapeutics appoints Thomas R. Staab, II as CFO effective May 11, 2026
TENAX THERAPEUTICS, INC.
- Staab, a 25-year healthcare finance veteran, most recently CFO of LENSAR (LNSR) until May 2026.
- Base salary of $428,000 with 45% target bonus; inducement equity of 10,000 RSUs and 450,000 option shares.
- Interim CFO Thomas McGauley resigns May 10, 2026 but will stay through filing of Q1 10-Q and provide consulting transition.
- Staab's RSUs vest 25% after 10 days, remainder quarterly; options vest 25% after 1 year then monthly over 3 years.