leadership
confidence high
sentiment neutral
materiality 0.60
Allogene Therapeutics expands board to 11, appoints Elizabeth Barrett and Vicki Sato as directors
Allogene Therapeutics, Inc.
- Board increased from 9 to 11; Barrett (Class I) and Dr. Sato (Class II) appointed effective July 30, 2021.
- Barrett receives annual retainer of $40,000 and option grant with $850,000 grant date value vesting over 3 years.
- Dr. Sato receives $40,000 retainer, option grant of $425,000 value (3-year vest), and RSU award of $425,000 value (3 annual installments).
- Both directors enter indemnification agreements; equity grants accelerate on change of control.