Repligen Corp (RGEN) has issued an update.
Margaret A. Pax has been appointed to the Board of Directors of Repligen Corporation with immediate effect, as announced on March 18, 2024. Recognized as independent according to Nasdaq standards, she received stock options and restricted stock units as part of her compensation, which vest over time and are contingent on her continued service. Her compensation package aligns with the company’s policies for non-employee directors. There are no current plans for her to join any board committees, and she has no familial ties or material interests that would require disclosure. The company also plans to provide her with an indemnification agreement similar to those of other directors.
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