leadership
confidence high
sentiment neutral
materiality 0.20
VolitionRx enters CEO employment agreement with Dr. Michel for Belgian subsidiary; consulting fee amended
VOLITIONRX LTD
- Employment agreement with Dr. Gaetan Michel as CEO of Belgian Volition, effective Sept 1, 2024, with €12,000/month salary plus 13th month bonus.
- Consulting agreement amendment with 3F Management SRL increases monthly fee to €15,598 from Nov 1, 2024; variable bonus up to €26,390.
- Dr. Michel also serves as COO of parent, CEO of Volition America, and Manager of Volition Veterinary Diagnostics.
- Combined aggregate annual compensation is materially consistent with prior arrangements.