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CURRENT REPORT
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Carlos Campoy, the Company’s Chief Financial Officer of CytomX Therapeutics, Inc. (the “Company”), has begun a temporary personal leave of absence. Mr. Campoy will continue to serve as the Company’s Chief Financial Officer and Principal Financial Officer. In connection with Mr. Campoy’s personal leave of absence, the Company’s Board of Directors designated Chris Ogden, the Company’s Vice President, Finance and Accounting, to assume the responsibilities of interim principal accounting officer, effective February 14, 2022.
Mr. Ogden, age 38, has served as the Company’s Vice President, Finance and Accounting since August 2, 2021. Mr. Ogden joined the Company after 15 years at Eli Lilly and Company where he held senior financial leadership positions including most recently as chief financial officer of Eli Lilly’s diabetes division.
Mr. Ogden has an employment agreement with the Company which provides for an annual base salary of $315,270 and discretionary annual bonus target at 30% of his base salary, with the payment amount based upon performance as determined by the Company. In connection with Mr. Ogden’s employment, he entered into a severance and change of control agreement providing for up to nine months base salary and benefits, plus prorated bonus.
Mr. Ogden does not have any family relationship required to be reported pursuant to Item 401(d) of Regulation S-K, and there are no relationships or transactions involving Mr. Ogden required to be reported pursuant to Item 404(a) of Regulation S-K.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CYTOMX THERAPEUTICS, INC. | ||||
Date: February 14, 2022 | By: | /s/ Lloyd Rowland | ||
Lloyd Rowland Senior Vice President, General Counsel |