Management ChangeMay 19, 2026, 04:56 PM
Cingulate Directors Ervin & Roberts Depart; Board Size Reduced to 5
AI Summary
Cingulate Inc. announced that Class II directors Jeff Ervin and Jay Roberts will not seek re-election at the 2026 Annual Meeting of Stockholders, as the company aims to reduce its Board size to five directors. The Board also intends to appoint a new chairman. Additionally, Jeff Hargroves resigned as a Class I director and was immediately re-appointed as a Class II director to ensure proper class balance, and he has been nominated for election at the upcoming Annual Meeting.
Key Highlights
- Jeff Ervin and Jay Roberts will not seek re-election as Class II directors.
- Cingulate's Board intends to reduce its size to five (5) directors.
- The Board plans to appoint a new chairman.
- Jeff Hargroves resigned as a Class I director and was immediately re-appointed as a Class II director.
- Mr. Hargroves was nominated to stand for election at the 2026 Annual Meeting.
- The Class I directors now consist of Peter Werth and Frederick Jiang.
Price Impact
More from CING