Management ChangeJul 20, 2026, 04:12 PM
Neuronetics Appoints Nir Naor as CFO; Andrew Macan Departs
AI Summary
Neuronetics, Inc. announced significant management changes, including the appointment of Nir Naor as Executive Vice President, Chief Financial Officer, and Treasurer, effective July 23, 2026. Mr. Naor brings over 20 years of finance and life sciences experience, previously serving as CFO at Axogen, Inc. Concurrently, W. Andrew Macan, Executive Vice President, Chief Legal Officer, and Corporate Secretary, will depart on August 15, 2026, receiving a retention bonus, vested RSUs, and a separation payment. Additionally, Cory Anderson was promoted to Executive Vice President and General Manager of Greenbrook, effective July 1, 2026.
Key Highlights
- Nir Naor appointed Executive Vice President, Chief Financial Officer, and Treasurer, effective July 23, 2026.
- W. Andrew Macan, EVP, Chief Legal Officer, and Corporate Secretary, will depart on August 15, 2026.
- Mr. Macan will receive a retention bonus of $231,750.00 and 164,361 vested Restricted Stock Units.
- Mr. Macan will also receive a separation payment of $475,087.50.
- Mr. Naor's initial annual base salary is $480,000, with a target annual bonus of 50% of base salary.
- Mr. Naor will receive a grant of 500,000 Restricted Stock Units, vesting over four years.
- Cory Anderson was promoted to Executive Vice President and General Manager, Greenbrook, effective July 1, 2026.
Price Impact
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