Exicure CEO Brian Bock resigns; CSO Matthias Schroff appointed CEO; board reduced from 8 to 5

EXICURE, INC.

Brian C. Bock resigns as President and CEO effective Feb 4, 2022; becomes Special Advisor for 3 months at $25k/month.
Matthias Schroff, previously CSO, appointed CEO and board member; base salary increased to $550k, target bonus 50%.
Three board members resign: Timothy Walbert (chair), Bosun Hau, Andrew Sassine; Betsy Garofalo appointed chair.
Board size reduced from 8 to 5 directors; committees reconstituted with Garofalo, Cleland, Muralidhar, Sulat.
Former CTO David Giljohann separated Jan 31, 2022; receives $550k separation payment.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Brian C. Bock

President and Chief Executive Officer

XCUR · EXICURE, INC.

Effective: 2022-02-04
Successor: Matthias Schroff
Filed: February 4, 2022, 6:59 PM ET

Effective February 4, 2022 (the “ Transition Date ”), Brian C. Bock will cease serving as the Company’s President and Chief Executive Officer and as a member of the Board to pursue other opportunities.

Appointed

Matthias Schroff

President and Chief Executive Officer

XCUR · EXICURE, INC.

Effective: 2022-02-04
Filed: February 4, 2022, 6:59 PM ET

The Board appointed Matthias Schroff, Ph.D., the Company’s current Chief Scientific Officer, to the position of President and Chief Executive Officer and as a member of the Board to succeed Mr. Bock, effective February 4, 2022.

Departed

David A. Giljohann

Chief Technology Officer

XCUR · EXICURE, INC.

Effective: 2022-01-31
Filed: February 4, 2022, 6:59 PM ET

David A. Giljohann, Ph.D. was appointed to the position of Chief Technology Officer of the Company through January 31, 2022, at which time Dr. Giljohann separated from the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Brian C. Bock departed as President and Chief Executive Officer at EXICURE, INC..

Action: ceased serving
Role: President and Chief Executive Officer

Exact text from the filing

Effective February 4, 2022 (the “ Transition Date ”), Brian C. Bock will cease serving as the Company’s President and Chief Executive Officer and as a member of the Board to pursue other opportunities.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Matthias Schroff was appointed as President and Chief Executive Officer at EXICURE, INC..

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

The Board appointed Matthias Schroff, Ph.D., the Company’s current Chief Scientific Officer, to the position of President and Chief Executive Officer and as a member of the Board to succeed Mr. Bock, effective February 4, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.9

David A. Giljohann departed as Chief Technology Officer at EXICURE, INC..

Action: separated
Role: Chief Technology Officer

Exact text from the filing

David A. Giljohann, Ph.D. was appointed to the position of Chief Technology Officer of the Company through January 31, 2022, at which time Dr. Giljohann separated from the Company.

View on SEC.gov

EXICURE, INC. filing history →

Source: SEC EDGAR

accession 0001698530-22-000009

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