Management ChangeAug 11, 2026, 04:32 PM
Agenus Appoints Marco Tullio Marcucci to Board of Directors
AI Summary
Agenus Inc. announced an expansion of its Board of Directors from six to seven members. Marco Tullio Marcucci was appointed as a Class II director, effective immediately, and will serve until the Company's 2029 annual meeting. He will also join the Corporate Governance and Nominating Committee. Mr. Marcucci brings extensive legal, capital markets, and venture capital experience, and his compensation includes an annual cash retainer of $75,000, a committee retainer of $7,500, and an option to purchase 7,500 shares.
Key Highlights
- Board of Directors increased from 6 to 7 members.
- Marco Tullio Marcucci appointed as a Class II director.
- Mr. Marcucci will serve until the 2029 annual meeting.
- Appointed to the Corporate Governance and Nominating Committee.
- Will receive an annual cash retainer of $75,000.
- Will receive an annual committee retainer of $7,500.
- Granted an option to purchase 7,500 shares, vesting over three years.
Price Impact
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