Athersys Announces Board Of Directors Slate For 2022 Annual Meeting Of Stockholders And Director Departures [TheStreet.com]
Athersys, Inc. (ATHX)
Last athersys, inc. earnings: 11/6 04:05 pm
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Source: TheStreet.com
Athersys, Inc. (Nasdaq: ATHX) today announced the Company's slate of director candidates for its 2022 Annual Meeting of Stockholders being held on Thursday, July 28, 2022, at 8:30 a.m. ET. As previously announced, in connection with the Company's cost-cutting and restructuring initiatives, the Board of Directors approved reducing its size from ten to five members on June 6, 2022, effective as of the Annual Meeting on July 28, 2022. In order to accelerate the implementation of this change, on June 16, 2022 the Board requested and received resignations from the following Directors: John J. Harrington, Hardy TS Kagimoto, Katherine Kalin, Lorin J. Randall and Baiju R. Shah. The Board members' decisions to depart were not the result of any disagreement with the Company on any matter relating to the Company's operations, policies, or practices. These Board members agreed that their departures now would align the Company's resources with its current strategy and operations. The following d
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