leadership
confidence high
sentiment neutral
materiality 0.65
Tango Therapeutics Exec Chair Barbara Weber departs; severance, equity acceleration disclosed
Tango Therapeutics, Inc.
- Dr. Barbara Weber stepped down as Executive Chair and board member effective Aug 3, 2026; separation agreement executed Aug 6, 2026.
- Severance: base salary through Dec 31, 2026; COBRA reimbursement to Dec 31, 2026.
- Full acceleration of outstanding options and RSUs, subject to Compensation Committee approval; exercise period extended to Aug 3, 2027 or original expiry.
- Pro-rata 2026 annual incentive compensation paid by Mar 15, 2027, based on company and individual performance.