Beyond Air appoints Michael Gaul as COO effective July 1, 2022

Beyond Air, Inc.

Michael Gaul, age 68, promoted from SVP Operations to COO, effective July 1, 2022.
Gaul's base salary increased to $350K in April 2022; eligible for incentive bonus and stock options.
Severance: 6 months base salary plus additional month per 2 months employment, up to 12 months, for termination without cause or good reason.
Change of Control severance: 6 months base salary plus accelerated vesting of unvested equity awards.
Employment agreement includes 1-year non-compete and non-solicitation covenants post-termination.

item 5.02 item 9.01

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Role change

Michael Gaul

Chief Operating Officer

XAIR · Beyond Air, Inc.

Effective: 2022-07-01
Filed: July 5, 2022, 7:59 PM ET

On June 28, 2022, the Board of Directors (the “Board”) of Beyond Air, Inc. (the “Company”) appointed Michael Gaul, age 68, as the Company’s Chief Operating Officer, effective July 1, 2022

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.99

Michael Gaul was appointed as Chief Operating Officer at Beyond Air, Inc..

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

On June 28, 2022, the Board of Directors (the “Board”) of Beyond Air, Inc. (the “Company”) appointed Michael Gaul, age 68, as the Company’s Chief Operating Officer, effective July 1, 2022

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Beyond Air, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-22-018575

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