StockWatch
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Biotechnology: Pharmaceutical Preparations
Management ChangeMay 11, 2026, 04:13 PM

AnaptysBio Appoints Christopher M. Murphy as CFO; Owen Hughes as Director

AI Summary

AnaptysBio, Inc. announced the appointment of Christopher M. Murphy as Chief Financial Officer, effective May 11, 2026. Mr. Murphy will receive a monthly consulting fee of $42,916.66, an annual target cash bonus of up to 40% of his fees, and an equity grant worth $1,750,000 in restricted stock units. Additionally, Owen Hughes was appointed as a Class I director, effective May 11, 2026, and will receive an initial grant of 11,250 restricted stock units.

Key Highlights

  • Christopher M. Murphy appointed Chief Financial Officer, effective May 11, 2026.
  • Mr. Murphy to receive monthly consulting fees of $42,916.66.
  • Annual target cash bonus opportunity of up to 40% of total annual consulting fees.
  • Equity grant worth $1,750,000 in restricted stock units, vesting over four years.
  • Severance includes 9-12 months of fees and full equity vesting under certain conditions.
  • Owen Hughes appointed as a Class I director, effective May 11, 2026.
  • Mr. Hughes received an initial grant of 11,250 restricted stock units, vesting over three years.