Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Todd Wood departed as chief commercial officer at DermTech, Inc..
- Action
- depart
- Role
- chief commercial officer
Exact text from the filing
On June 26, 2023, it was determined that Todd Wood’s last day of employment as chief commercial officer of the Company will be July 3, 2023.
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Restructurings & Charges
SEC 8-K Item 2.05/2.06
confidence 0.9
DermTech, Inc. announced a restructuring with charges of approximately $2 million affecting sales, marketing and G&A functions (approximately 40 employees, or approximately 15%).
- Type
- restructuring
- Charge
- approximately $2 million
- Affected area
- sales, marketing and G&A functions
- Headcount
- approximately 40 employees, or approximately 15%
Exact text from the filing
approximately 40 employees, or approximately 15%, and will extend the Company’s cash runway. The Company estimates that it will incur aggregate pre-tax charges of approximately $2 million in connection with the Reduction in Force, primarily consisting of severance payments, employee benefits, outplacement services and related costs. The Company expects that the
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