---
schema_version: "secwatch.filing_event.v1"
accession: "0001645113-24-000036"
form_type: "8-K/A"
ticker: "NVCR"
cik: "0001645113"
company_name: "NovoCure Ltd"
filed_at: "2024-12-17T23:59:59+00:00"
generated_at: "2026-05-29T02:25:29.991243+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Novocure details CEO Cordova compensation; Danziger transition terms set

## Summary
- Ashley Cordova named CEO effective Jan 1, 2025; base salary CHF 750K, target bonus 90% of base.
- Cordova severance: 100% base (non-CIC) or 200% base + 200% target bonus (CIC); equity fully vests on CIC termination.
- Asaf Danziger transitions to Senior Advisor through Dec 31, 2026; base salary $700K in 2025, then $120K.
- Danziger receives 400,000 RSUs vesting Dec 31, 2025 and 2026; forfeits certain PSUs upon CEO resignation.
- Both subject to 12-month non-compete, perpetual confidentiality, and non-disparagement covenants.

## SEC filing metadata
- accession: 0001645113-24-000036
- form_type: 8-K/A
- ticker: NVCR
- cik: 0001645113
- company_name: NovoCure Ltd
- filed_at: 2024-12-17T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1645113/000164511324000036/0001645113-24-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1645113/000164511324000036/nvcr-20240830.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001645113-24-000036
- JSON: https://secwatch.observer/filing/0001645113-24-000036.json
- Plain text: https://secwatch.observer/filing/0001645113-24-000036.txt

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