---
schema_version: "secwatch.filing_event.v1"
accession: "0001326732-25-000035"
form_type: "8-K"
ticker: "XNCR"
cik: "0001326732"
company_name: "Xencor Inc"
filed_at: "2025-03-13T23:59:59+00:00"
generated_at: "2026-05-24T20:32:33.820380+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Xencor appoints former Seagen CFO Todd Simpson to board of directors

## Summary
- Todd Simpson appointed to Xencor board on March 13, 2025, and named to Audit Committee.
- Simpson received an initial stock option with Black-Scholes value of $550,000, vesting over 3 years.
- He will receive $50,000 annual cash retainer as director and $10,000 for Audit Committee service.
- Simpson served as CFO of Seagen for 18 years, leading finance, strategy, and international expansion.
- Board appointment expands Xencor's financial and corporate strategy expertise with a seasoned biopharma CFO.

## SEC filing metadata
- accession: 0001326732-25-000035
- form_type: 8-K
- ticker: XNCR
- cik: 0001326732
- company_name: Xencor Inc
- filed_at: 2025-03-13T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1326732/000132673225000035/0001326732-25-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1326732/000132673225000035/xncr-20250313.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001326732-25-000035
- JSON: https://secwatch.observer/filing/0001326732-25-000035.json
- Plain text: https://secwatch.observer/filing/0001326732-25-000035.txt

## Key facts
- Executive change
  Todd Simpson was appointed as Director at Xencor Inc.
  - Action: appointed
  - Role: Director
  source text: Todd Simpson was appointed to serve as a new member of the Board of Directors (the “Board”) of Xencor, Inc. (the “Company”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1326732/000132673225000035/0001326732-25-000035-index.htm

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