Neptune Wellness appoints interim CEO and COO after departing prior CEO

Neptune Wellness Solutions Inc.

Michael De Geus named interim President and CEO effective March 8, 2024; compensation $20,000/month.
Cedrick Billequey appointed interim COO; receives CAD$10,000/month raise on current salary.
Prior CEO Michael Cammarata departed after furlough; De Geus had served on Restructuring Committee.
De Geus is a former US Secret Service executive; Billequey led profitable Biodroga subsidiary.

item 5.02 item 8.01 item 9.01

Executive movements

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Appointed (interim)

Michael De Geus

Interim President and Chief Executive Officer

Neptune Wellness Solutions Inc.

Effective: 2024-03-08
Filed: March 12, 2024, 7:59 PM ET

appointed Board member Michael De Geus as its interim President and Chief Executive Officer, and Cedrick Billequey, General Manager of the Company’s subsidiary, Biodroga Nutraceuticals, Inc. (“Biodroga”), as its Interim Chief Operating Officer

Appointed (interim)

Cedrick Billequey

Interim Chief Operating Officer

Neptune Wellness Solutions Inc.

Effective: 2024-03-08
Filed: March 12, 2024, 7:59 PM ET

appointed Board member Michael De Geus as its interim President and Chief Executive Officer, and Cedrick Billequey, General Manager of the Company’s subsidiary, Biodroga Nutraceuticals, Inc. (“Biodroga”), as its Interim Chief Operating Officer

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael De Geus was appointed as Interim President and Chief Executive Officer at Neptune Wellness Solutions Inc..

Action: appointed
Role: Interim President and Chief Executive Officer

Exact text from the filing

appointed Board member Michael De Geus as its interim President and Chief Executive Officer, and Cedrick Billequey, General Manager of the Company’s subsidiary, Biodroga Nutraceuticals, Inc. (“Biodroga”), as its Interim Chief Operating Officer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Cedrick Billequey was appointed as Interim Chief Operating Officer at Neptune Wellness Solutions Inc..

Action: appointed
Role: Interim Chief Operating Officer

Exact text from the filing

appointed Board member Michael De Geus as its interim President and Chief Executive Officer, and Cedrick Billequey, General Manager of the Company’s subsidiary, Biodroga Nutraceuticals, Inc. (“Biodroga”), as its Interim Chief Operating Officer

View on SEC.gov

Source: SEC EDGAR

accession 0001437749-24-007460

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