---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-029386"
form_type: "8-K"
ticker: "BFRI"
cik: "0001858685"
company_name: "Biofrontera Inc."
filed_at: "2022-10-24T23:59:59+00:00"
generated_at: "2026-06-23T01:44:27.249295+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Biofrontera appoints Fred Leffler CFO; base $355K, 40% bonus, 100K options, $25K signing

## Summary
- Fred Leffler appointed CFO effective Oct 24, 2022.
- Base salary $355K; one-time signing bonus $25K; annual bonus target 40% of base.
- Granted 100,000 stock options vesting per company's employee stock option program.
- Severance: lump sum of 1/12 base per year of service (min 6 months, max 2 years) if terminated without cause or resigns for good reason.

## SEC filing metadata
- accession: 0001493152-22-029386
- form_type: 8-K
- ticker: BFRI
- cik: 0001858685
- company_name: Biofrontera Inc.
- filed_at: 2022-10-24T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1858685/000149315222029386/0001493152-22-029386-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1858685/000149315222029386/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-029386
- JSON: https://secwatch.observer/filing/0001493152-22-029386.json
- Plain text: https://secwatch.observer/filing/0001493152-22-029386.txt

## Key facts
- Executive change
  Fred Leffler was appointed as Chief Financial Officer at Biofrontera Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On October 24, 2022, Biofrontera Inc. (the “Company”) announced that, effective as of that date, Fred Leffler has been appointed as Chief Financial Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1858685/000149315222029386/0001493152-22-029386-index.htm

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