leadership
confidence high
sentiment positive
materiality 0.65
Avalo Therapeutics appoints Kevin Lind to Board effective Oct 1; Dr. Almenoff resigns
Avalo Therapeutics, Inc.
- Kevin Lind appointed to Board effective Oct 1, 2025; will serve on Audit Committee and receive option for 40,200 shares vesting over 3 years.
- Lind previously led Longboard Pharmaceuticals to $2.6B acquisition by Lundbeck in 2024; was EVP/CFO at Arena Pharmaceuticals.
- June Almenoff resigns as director effective Oct 1; her equity awards modified to vest fully and options extended to Sept 30, 2026.
- Company advancing Phase 2 LOTUS trial of AVTX-009 in hidradenitis suppurativa; topline data expected mid-2026.
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