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ChromaDex Corp.
07/16/2024 | Press release | Distributed by Public on 07/16/2024 14:00
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.
On July 16, 2024, the Board of Directors (the "Board") of ChromaDex Corporation (the "Company" or "ChromaDex") appointed James Lee, the Company's current Controller, as the Company's Interim Chief Financial Officer and Interim Principal Accounting Officer, effective as of July 13, 2024. As previously disclosed, Brianna Gerber resigned from her roles as the Company's Chief Financial Officer and Principal Accounting Officer effective July 12, 2024. Pursuant to her previously disclosed Letter Agreement and Consulting Agreement, Ms. Gerber will be available until August 12, 2024 to consult on financial and accounting matters.
Mr. Lee, age 49, has served as Assistant Controller and Controller of the Company since January 2009 and previously served as a manager of accounting for Samsung Electronics Co. Ltd. Mr. Lee received his B.A in Architecture from the University of California, Berkley and his MBA from University of Illinois Urbana-Champaign.
Mr. Lee is party to the Company's standard indemnification agreement for directors and executive officers, the form of which was previously filed as Exhibit 10.1 to the Company's Current Report on Form 8-K filed with the SEC on December 16, 2016. There are no arrangements or understandings between Mr. Lee and any other persons pursuant to which he was selected as the Company's Interim Chief Financial Officer and Interim Principal Accounting Officer. There are also no family relationships between Mr. Lee and any of the Company's directors or executive officers and other than as described herein he has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.