---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-029714"
form_type: "8-K"
ticker: "SDGR"
cik: "0001490978"
company_name: "Schrodinger, Inc."
filed_at: "2022-08-18T23:59:59+00:00"
generated_at: "2026-06-23T22:48:30.271462+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Schrödinger appoints Geoffrey Porges as CFO; severance plan amended

## Summary
- Porges appointed EVP/CFO effective Aug 18, 2022; previously Vice Chairman at SVB Securities.
- Base salary $580k, sign-on bonus $230k (repayable if terminated for cause or resigns within 24 mo).
- Granted 180k stock options (25% vest year 1, then monthly over 3 yrs) and 90k performance-based RSUs.
- Jenny Herman ceases as interim CFO but remains principal accounting officer.
- Executive Severance Plan amended: 9 months salary for non-CIC termination for certain execs; CIC severance multiples increased (CFO: 0.75x to 1.0x; CEO: 1.0x to 1.5x).

## SEC filing metadata
- accession: 0001564590-22-029714
- form_type: 8-K
- ticker: SDGR
- cik: 0001490978
- company_name: Schrodinger, Inc.
- filed_at: 2022-08-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1490978/000156459022029714/0001564590-22-029714-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1490978/000156459022029714/sdgr-8k_20220816.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-029714
- JSON: https://secwatch.observer/filing/0001564590-22-029714.json
- Plain text: https://secwatch.observer/filing/0001564590-22-029714.txt

## Key facts
- Executive change
  Jenny Herman changed role as Interim Principal Financial Officer at Schrodinger, Inc..
  - Action: will cease to serve
  - Role: Interim Principal Financial Officer
  source text: As a result of Dr. Porges’ appointment as Chief Financial Officer, Jenny Herman, the Company’s Senior Vice President, Finance and Corporate Controller, will cease to serve as the Company’s interim principal financial officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1490978/000156459022029714/0001564590-22-029714-index.htm
- Executive change
  Geoffrey Porges was appointed as Executive Vice President and Chief Financial Officer at Schrodinger, Inc..
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: On August 16, 2022, the Board of Directors (the “Board”) of Schrödinger, Inc. (the “Company”) appointed Geoffrey Porges as Executive Vice President and Chief Financial Officer of the Company, effective upon the commencement of his employment with the Company on August 18, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1490978/000156459022029714/0001564590-22-029714-index.htm

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