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OSIR > SEC Filings for OSIR > Form 8-K on 6-Dec-2013All Recent SEC Filings

Show all filings for OSIRIS THERAPEUTICS, INC.



Change in Directors or Principal Officers

ITEM 5.02. Departures of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

On December 2, 2013, C. Randal Mills, who has served as President and Chief Executive Officer of the Company since May 2004, resigned for personal reasons, effective the following day. Upon Dr. Mill's departure, Lode Debrabandere, the Company's Chief Operating Officer, assumed the additional roles of President and Chief Executive Officer, pending confirmation by the Board of Directors. Dr. Debrabandere has been an executive officer of the Company since July 2006. Dr. Mills concurrently resigned from the Company's Board of Directors.

Dr. Mills' compensation ceased upon the termination of his employment, consistent with the Company's usual employment practices. There have been no changes to Dr. Debrabandere's compensation at this time.

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