Cytokinetics (CYTK) has shared an update.
Sung H. Lee is set to join Cytokinetics, Incorporated as the Executive Vice President and Chief Financial Officer starting May 8, 2024. With extensive experience in biopharmaceutical companies, including his most recent role at Vir Biotechnology, Lee brings a wealth of knowledge to the position. His compensation package includes a $550,000 base salary, potential bonuses tied to company and individual performance goals, and a significant equity award with vesting schedules contingent upon his continued service at the company. Lee’s financial acumen and strategic leadership are expected to bolster Cytokinetics’ financial operations as the company navigates the dynamic biotech landscape.
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