Oruka Therapeutics Adjusts Executive Severance Agreements
Company Announcements

Oruka Therapeutics Adjusts Executive Severance Agreements

The latest announcement is out from Oruka Therapeutics ( (ORKA) ).

Oruka Therapeutics, Inc. has updated the employment agreements for CEO Lawrence Klein and Senior VP of Finance Arjun Agarwal, adjusting their severance benefits. Klein’s new terms include up to 1.5 times his annual salary and bonus, and full equity vesting in certain termination scenarios, while Agarwal’s terms provide up to 0.75 times his salary and bonus, with similar equity benefits. These changes aim to secure executive compensation regardless of potential company control shifts, signaling stability and foresight to investors.

See more data about ORKA stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyOruka Therapeutics initiated with a Buy at Stifel
TheFlyOruka Therapeutics initiated with a Buy at H.C. Wainwright
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App