---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-21-036750"
form_type: "8-K"
ticker: "CBUS"
cik: "0001705843"
company_name: "Cibus, Inc."
filed_at: "2021-07-15T23:59:59+00:00"
generated_at: "2026-06-30T05:09:14.138766+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Calyxt appoints Michael A. Carr as President and CEO effective July 27; Yves Ribeill steps down as executive chair

## Summary
- Carr, formerly VP M&A at Darling Ingredients, becomes President and CEO on July 27, 2021.
- Base salary of $500,000, new-hire bonus of $450,000, and equity awards including 200k options, 50k RSUs, and 600k PSUs.
- PSUs vest at stock price thresholds of $12, $15, $20 per share over three years.
- Ribeill resigns as executive chair effective Aug 6, 2021, remains on board as non-executive chairman.
- Carr also appointed to the board, expanding it to eight directors.

## SEC filing metadata
- accession: 0001564590-21-036750
- form_type: 8-K
- ticker: CBUS
- cik: 0001705843
- company_name: Cibus, Inc.
- filed_at: 2021-07-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1705843/000156459021036750/0001564590-21-036750-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1705843/000156459021036750/clxt-8k_20210713.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-21-036750
- JSON: https://secwatch.observer/filing/0001564590-21-036750.json
- Plain text: https://secwatch.observer/filing/0001564590-21-036750.txt

## Key facts
- Executive change
  Michael A. Carr was appointed as President and Chief Executive Officer at Cibus, Inc..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: Michael A. Carr will join the Company, effective July 27, 2021 (the “Start Date”), as its President and Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1705843/000156459021036750/0001564590-21-036750-index.htm
- Executive change
  Michael A. Carr was appointed as Director at Cibus, Inc..
  - Action: appointed
  - Role: Director
  source text: the Company’s Board also approved an increase in the number of directors on the Board from seven to eight and appointed Mr. Carr, effective as of the Start Date, to the Board of Directors to fill the newly created directorship.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1705843/000156459021036750/0001564590-21-036750-index.htm

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