---
schema_version: "secwatch.filing_event.v1"
accession: "0001200375-23-000004"
form_type: "8-K"
ticker: "CDXS"
cik: "0001200375"
company_name: "CODEXIS, INC."
filed_at: "2023-01-23T23:59:59+00:00"
generated_at: "2026-06-20T11:33:11.034824+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Codexis appoints Sriram Ryali as CFO; Ross Taylor steps down

## Summary
- Sriram Ryali appointed CFO effective Jan 23, 2023; previously CFO at Eiger BioPharmaceuticals.
- Ross Taylor ceased as CFO and principal accounting officer; no disagreement; will advise until Mar 6.
- Ryali receives $450K base salary, 50% target bonus, $100K sign-on bonus (repayable if leave <1 yr).
- Option grant valued ~$1.33M (Black-Scholes) and performance stock units $667K based on 2023 goals.
- Severance: 12 months base salary (non-CIC) or 18 months salary + full equity acceleration (CIC).

## SEC filing metadata
- accession: 0001200375-23-000004
- form_type: 8-K
- ticker: CDXS
- cik: 0001200375
- company_name: CODEXIS, INC.
- filed_at: 2023-01-23T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1200375/000120037523000004/0001200375-23-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1200375/000120037523000004/cdxs-20230123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001200375-23-000004
- JSON: https://secwatch.observer/filing/0001200375-23-000004.json
- Plain text: https://secwatch.observer/filing/0001200375-23-000004.txt

## Key facts
- Executive change
  Sriram Ryali was appointed as Chief Financial Officer at CODEXIS, INC..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On January 23, 2023, Codexis, Inc. (the “Company” or “Codexis”) announced the appointment of Sriram Ryali, M.B.A., as the Company’s Chief Financial Officer and principal financial and accounting officer, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1200375/000120037523000004/0001200375-23-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.