Alto Neuroscience promotes CFO Nicholas Smith to President and CFO with $6 million retention pay
Alto Neuroscience promoted Chief Financial Officer and Chief Business Officer Nicholas C. Smith to President and Chief Financial Officer effective August 26, 2026. CEO Amit Etkin remains chief executive but no longer holds the title of President. Smith's promotion comes with a $6 million cash retention agreement, which he forfeits if he leaves or is terminated for Cause before the two-year anniversary.
Key points
- Nicholas C. Smith named President and Chief Financial Officer, effective August 26, 2026
- Amit Etkin, M.D., Ph.D. continues as Chief Executive Officer and is no longer President
- Retention Payment totals $6,000,000: $3,000,000 within ten days of the Effective Date and $3,000,000 at the twelve-month anniversary
- Unpaid portion is forfeited and paid amounts may be recouped if Smith leaves before the two-year anniversary
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 27, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.