Inogen Appoints New CFO, Michael J. Johnson
Ticker: INGN · Form: 8-K · Filed: Apr 15, 2024 · CIK: 1294133
| Field | Detail |
|---|---|
| Company | Inogen Inc (INGN) |
| Form Type | 8-K |
| Filed Date | Apr 15, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, cfo, personnel-change
Related Tickers: NUVA
TL;DR
Inogen just hired a new CFO, Michael J. Johnson, starting April 15th. He's getting $425k base + bonus.
AI Summary
On April 11, 2024, Inogen Inc. announced the appointment of Michael J. Johnson as its new Chief Financial Officer, effective April 15, 2024. Johnson previously served as CFO for NuVasive, Inc. and will receive an annual base salary of $425,000, along with a target annual bonus of 50% of his base salary.
Why It Matters
The appointment of a new CFO can signal a strategic shift or a focus on financial stability and growth for the company.
Risk Assessment
Risk Level: medium — Changes in key executive positions, especially CFO, can introduce uncertainty regarding future financial strategies and performance.
Key Numbers
- $425,000 — CFO Base Salary (Annual base salary for Michael J. Johnson.)
- 50% — CFO Bonus Target (Target annual bonus percentage for Michael J. Johnson.)
Key Players & Entities
- Inogen Inc. (company) — The company making the filing.
- Michael J. Johnson (person) — Newly appointed Chief Financial Officer.
- NuVasive, Inc. (company) — Previous employer of the new CFO.
- $425,000 (dollar_amount) — Annual base salary for the new CFO.
- April 11, 2024 (date) — Date of the earliest event reported.
- April 15, 2024 (date) — Effective date of the new CFO's appointment.
FAQ
What is Michael J. Johnson's prior experience?
Michael J. Johnson previously served as the Chief Financial Officer of NuVasive, Inc.
When is Michael J. Johnson's appointment effective?
The appointment of Michael J. Johnson as CFO is effective April 15, 2024.
What is the base salary for the new CFO?
The annual base salary for Michael J. Johnson is $425,000.
What is the target annual bonus for the new CFO?
The target annual bonus for Michael J. Johnson is 50% of his base salary.
What was the date of the earliest event reported in this 8-K?
The date of the earliest event reported is April 11, 2024.
Filing Stats: 500 words · 2 min read · ~2 pages · Grade level 12 · Accepted 2024-04-15 16:15:10
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value INGN The Nasdaq Stock Mar
Filing Documents
- ingn-20240411.htm (8-K) — 36KB
- 0000950170-24-044416.txt ( ) — 142KB
- ingn-20240411.xsd (EX-101.SCH) — 23KB
- ingn-20240411_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. INOGEN, INC. Date: April 15, 2024 By: /s/ Michael Bourque Michael Bourque Executive Vice President Chief Financial Officer Treasurer (Principal Accounting and Financial Officer)