leadership
confidence high
sentiment neutral
materiality 0.50
FibroBiologics appoints Jason D. Davis, CPA, as CFO; base salary $350k
FibroBiologics, Inc.
- Jason D. Davis appointed CFO effective June 9, 2025; previously CFO at Virax Biolabs, led IPO in July 2022.
- Employment agreement includes base salary of $350k, annual bonus up to 40% of base, and sign-on cash bonus of $15k.
- Received option grant of 450,000 shares under 2022 Stock Plan; vests 1/4 on first anniversary, then monthly.
- Davis has 20+ years finance experience; at HyperDynamics increased market cap from $20M to $700M and raised $200M+.
- Appointment comes as FibroBiologics advances toward Phase 1/2 clinical trial for diabetic foot ulcers in H2 2025.
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