leadership
confidence high
sentiment neutral
materiality 0.50
NewAmsterdam Pharma details COO Kling's exit: unvested equity canceled, $50k/mo advisor fee
NewAmsterdam Pharma Co N.V.
- Douglas Kling resigned as COO effective Aug 14, 2026, to become CEO of another clinical-stage biotech.
- Unvested stock options and RSUs canceled as of separation date, except those vesting on continued service through May 14, 2027.
- Kling entered Advisor Agreement with NewAmsterdam Pharma B.V. for $50,000/month plus expenses for PREVAIL trial and other clinical programs.
- Advisor Agreement runs to May 14, 2027; includes confidentiality, non-disparagement, non-solicitation covenants.