Certara Appoints New Directors, Adjusts Executive Compensation
Ticker: CERT · Form: 8-K · Filed: Oct 16, 2024 · CIK: 1827090
Sentiment: neutral
Topics: board-changes, executive-compensation, governance
TL;DR
Certara adds new board members and updates exec pay. New directors: Gross & Johnson. Execs: Feehery & Palmer.
AI Summary
Certara, Inc. announced on October 16, 2024, changes in its board of directors and executive compensation. Specifically, the company elected two new directors, Dr. David E. R. Gross and Ms. Sarah E. Johnson, to its Board of Directors. Additionally, the company entered into new employment agreements with certain executive officers, including Mr. William R. Feehery, Chief Executive Officer, and Mr. Jeffrey S. Palmer, Chief Financial Officer, detailing their compensation packages.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future performance expectations.
Risk Assessment
Risk Level: medium — Changes in board and executive compensation can indicate internal shifts that may impact future strategy and performance.
Key Players & Entities
- Certara, Inc. (company) — Registrant
- Dr. David E. R. Gross (person) — Newly Elected Director
- Ms. Sarah E. Johnson (person) — Newly Elected Director
- Mr. William R. Feehery (person) — Chief Executive Officer
- Mr. Jeffrey S. Palmer (person) — Chief Financial Officer
- October 16, 2024 (date) — Date of Report
FAQ
Who were the new directors elected to Certara's Board of Directors?
Dr. David E. R. Gross and Ms. Sarah E. Johnson were elected as new directors.
What is the date of this Form 8-K filing?
The date of the report is October 16, 2024.
Which executive officers entered into new employment agreements?
The filing mentions new employment agreements for executive officers, including Mr. William R. Feehery (CEO) and Mr. Jeffrey S. Palmer (CFO).
What is Certara, Inc.'s principal executive office address?
Certara, Inc.'s principal executive office is located at 4 Radnor Corporate Center, Suite 350, Radnor, Pennsylvania 19087.
What is Certara's IRS Employer Identification No.?
Certara's IRS Employer Identification No. is 82-2180925.
Filing Stats: 649 words · 3 min read · ~2 pages · Grade level 11.4 · Accepted 2024-10-16 16:38:16
Key Financial Figures
- $0.01 — registered Common stock, par value $0.01 per share CERT The Nasdaq Global Sele
Filing Documents
- tm2426274d1_8k.htm (8-K) — 27KB
- 0001104659-24-109235.txt ( ) — 196KB
- certara-20241016.xsd (EX-101.SCH) — 3KB
- certara-20241016_lab.xml (EX-101.LAB) — 33KB
- certara-20241016_pre.xml (EX-101.PRE) — 22KB
- tm2426274d1_8k_htm.xml (XML) — 4KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: October 16, 2024 CERTARA, INC. (Registrant) By: /s/ Daniel Corcoran Daniel Corcoran Senior Vice President and General Counsel