MacroGenics Inc.
11/21/2024 | Press release | Distributed by Public on 11/21/2024 15:33
Management Change/Compensation Form 8 K
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Resignation of Lynn Cilinski as Vice President, Controller, Treasurer and Principal Accounting Officer
On November 18, 2024, Ms. Lynn Cilinski notified MacroGenics, Inc. (the "Company") of her intention to retire from her position as Vice President, Controller, Treasurer and Principal Accounting Officer, effective January 2, 2025 (the "Effective Date").
The Company thanks Ms. Cilinski for her exemplary service over the past 21 years.
Appointment of Beth Smith as Vice President, Controller, Treasurer and Principal Accounting Officer
On November 19, 2024, the Board appointed Beth Smith as the Company's Vice President, Controller, Treasurer and Principal Accounting Officer, effective as of the Effective Date.
Ms. Smith, age 57, has been with the Company since 2013 in positions of increasing responsibility, culminating as Executive Director of Accounting and Assistant Controller since June 2022. Ms. Smith holds a B.S. in Accounting from Bucknell University.
There are no family relationships between Ms. Smith and any of the Company's current or former directors or executive officers. Ms. Smith is not a party to any transaction that would require disclosure under Item 404(a) of Regulation S-K promulgated under the Securities Act of 1933.
As of the filing of this Current Report on Form 8-K (this "Report"), the Company has not entered into any material plan, contract or arrangement to which Ms. Smith is a party or in which she participates in connection with the promotions described above. In the event of such entry into a material plan, contract or arrangement in connection with the promotions described above, the Company will file an amendment to this Report within four business days thereof.