leadership
confidence high
sentiment neutral
materiality 0.50
Erasca appoints Charles Fuchs as President, R&D; adopts 2026 inducement plan
Erasca, Inc.
- Charles S. Fuchs, M.D., M.P.H., appointed President, R&D effective Aug 10, 2026.
- Prior roles: CMO at Tubulis (acquired by Gilead), SVP Global Head Oncology at Genentech/Roche, Yale Cancer Center director.
- Compensation: $570k base, 45% target bonus, stock options for 1.3M shares vesting over 4 years.
- Inducement Plan adopted, reserving 6.2M shares for equity awards without stockholder approval.
- Options: 1,278,520 under new Inducement Plan, remainder under 2021 Incentive Plan; exercise price at close on grant date.