leadership
confidence high
sentiment positive
materiality 0.60
Olema appoints Scott Garland to Board; brings commercial expertise for late-stage palazestrant development
Olema Pharmaceuticals, Inc.
- Scott Garland appointed to Board as Class III director effective Oct 16, 2023; term through 2026 annual meeting.
- Received initial equity: options for 21,520 shares (3-year vest) and 14,347 shares (vests by 2024 annual meeting).
- Annual cash retainer $40,000 plus $6,000 for Compensation Committee service; standard indemnification agreement.
- Garland formerly CEO of Portola (led Andexxa launch and Alexion acquisition) and held senior roles at Exelixis, Genentech, Amgen.
- Company highlights his commercial leadership as palazestrant advances to Phase 3 for breast cancer.