Xencor appoints Bart Cornelissen as CFO; John Kuch retires

Xencor Inc

John Kuch retired as CFO effective March 31, 2024; stepped down April 9, 2024; remains in non-executive role.
Bart Cornelissen appointed SVP and CFO April 9, 2024; previously VP corporate finance at Seagen (facilitated $43B Pfizer acquisition).
Compensation: $465K base, 45% bonus target, option grant of 190,194 shares ($2.25M), RSU grant ~$1M.
Severance includes 12 months base salary plus COBRA; full equity vesting upon change-in-control after one year.

item 5.02 item 9.01

Executive movements

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Departed

John Kuch

Senior Vice President and Chief Financial Officer

XNCR · Xencor Inc

Effective: 2024-04-09
Successor: Bart Cornelissen
Filed: April 9, 2024, 7:59 PM ET

Effective on April 9, 2024, Mr. Kuch will step down from his role as Chief Financial Officer of the Company.

Appointed

Bart Cornelissen

Senior Vice President and Chief Financial Officer

XNCR · Xencor Inc

Effective: 2024-04-09
Filed: April 9, 2024, 7:59 PM ET

on April 9, 2024 (the “Start Date”), Mr. Bart Cornelissen, age 46, was appointed as Senior Vice President and Chief Financial Officer of the Company for an indefinite term.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

John Kuch retired as Senior Vice President and Chief Financial Officer at Xencor Inc.

Action: retired
Role: Senior Vice President and Chief Financial Officer

Exact text from the filing

Effective on April 9, 2024, Mr. Kuch will step down from his role as Chief Financial Officer of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Bart Cornelissen was appointed as Senior Vice President and Chief Financial Officer at Xencor Inc.

Action: appointed
Role: Senior Vice President and Chief Financial Officer

Exact text from the filing

on April 9, 2024 (the “Start Date”), Mr. Bart Cornelissen, age 46, was appointed as Senior Vice President and Chief Financial Officer of the Company for an indefinite term.

View on SEC.gov

Xencor Inc filing history →

Source: SEC EDGAR

accession 0001326732-24-000012

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