leadership
confidence high
sentiment neutral
materiality 0.25
Celcuity adds ex-Incyte/Celgene CFO David Gryska to board; cites first FDA approval of REVTORPYK
Celcuity Inc.
- Board expanded from eight to nine members; David W. Gryska appointed effective October 1, 2026, serving through the 2027 Annual Meeting.
- Gryska was EVP and CFO of Incyte and SVP and CFO of Celgene, and earlier VP Finance/CFO at Scios and a partner at Ernst & Young.
- He joins the Audit and Compensation Committees and is deemed independent under Nasdaq listing standards and SEC rules.
- Pro-rated director pay: $70,000 annual cash retainer and $100,000 annual equity award; granted 893 RSUs vesting at the 2027 annual meeting or April 30, 2027.
- CEO Brian Sullivan links the hire to the company's transition to commercial stage after the first FDA approval for REVTORPYK in advanced breast cancer and gedatolisib development.