leadership
confidence high
sentiment neutral
materiality 0.55
Adaptimmune extends CFO Gavin Wood's departure to August 31, 2025
Adaptimmune Therapeutics PLC
- Original termination date of May 31, 2025 changed to August 31, 2025 by reason of redundancy.
- Severance includes 12 months base salary, discretionary pro-rata bonus for 2025, and healthcare benefits for 12 months.
- Share options continue vesting until August 31, 2025; vested options exercisable for 12 months thereafter.
- All other provisions of the original letter agreement and service agreement obligations survive unchanged.