Vaccinex Inc . (NASDAQ: NASDAQ:VCNX) announced today that Scott E. Royer, the company's Chief Financial Officer, will retire on March 14, 2024. Royer's departure is part of a planned retirement and is not due to any disagreements with Vaccinex regarding its operations, policies, or financial practices. His role as Principal Financial (NASDAQ:PFG) Officer and Principal Accounting Officer will also conclude upon his retirement.
Following Royer's retirement, Jill Sanchez, currently serving as the company's Controller, will take over as Interim Chief Financial Officer. Sanchez, 52, is a Certified Public Accountant (CPA) and has been with Vaccinex for eight years. She has held the position of Controller since January 2019 and has been recognized for her dedicated and effective service to the company. The transition comes as part of Vaccinex's succession plan.
The company has stated that there are no familial ties between Sanchez and any Vaccinex directors or executive officers. Additionally, there are no arrangements or understandings between Sanchez and any other individuals related to her appointment. Sanchez and her immediate family members have not been involved in any reportable transactions with Vaccinex, nor are there any proposed transactions that would require disclosure under SEC regulations.
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