SCYNEXIS names Sanjay Subramanian chief financial officer; Ivor Macleod retires
SCYNEXIS said Chief Financial Officer Ivor Macleod retired effective September 9, 2026, and named Sanjay Subramanian as his successor, with an employment agreement effective the same day. Macleod will stay with the company through October 9, 2026 to support the transition. The filing contains no financial results or guidance, so the change is a leadership update rather than a measure of company performance.
Key points
- Ivor Macleod ceased serving as CFO, principal financial officer and principal accounting officer effective September 9, 2026, and remains with the company through October 9, 2026.
- Sanjay Subramanian's employment agreement is effective September 9, 2026, with an annual base salary of $500,000 and a discretionary annual bonus of up to 40% of base salary.
- Subramanian received a stock option for 100,000 shares at $4.91, the September 9, 2026 closing price, vesting over four years.
- Severance is nine months' base salary if terminated outside 12 months after a change of control, and 18 months' base salary if within that period.
The filing
Written by AI on Nov 9, 2026, 8:36 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 September 10, 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.