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has reinstated retention bonus programs for Chief Executive Officer Jay M. Short and Chief Financial Officer Christian Vasquez, contingent on achieving specific financial milestones by the end of 2026.
The company also announced that Dr. Eric Sievers resigned as Chief Medical Officer on September 25, 2026, to pursue outside interests, while transitioning into a consulting role.
The Board of Directors approved these compensation adjustments on September 24, 2026, citing an ongoing strategic process.
The original retention bonus programs, which were intended to replace annual bonuses for the first eight months of the year, had lapsed because neither Milestone 1 (due May 31, 2026) nor Milestone 2 (due August 31, 2026) was completed.
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