ContraFect Corporation (NASDAQ:CFRX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Lisa R. Ricciardi, the current Chief Operating Officer (“COO”) of the Company, was brought in as a possible successor to the current Chief Executive Officer (“CEO”), Steven C. Gilman. Since Dr.Gilman indicated that he would continue to serve as CEO, the Company’s board of directors (“Board”) decided that the Company did not need a COO position at this time and that it would be eliminated by December31, 2017. As such, Ms.Ricciardi was notified on December12, 2017 that she would no longer serve as COO. She is expected to serve as an advisor to the Company, and to continue to serve as a member of the Board.
Forward-Looking Statements
This Current Report contains “forward-looking statements” within the meaning of the U.S. federal securities laws. Forward-looking statements can be identified by words such as “projects,” “may,” “will,” “could,” “would,” “should,” “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “potential,” “possible,” “promise” or similar references to future periods. Examples of forward-looking statements in this Current Report include, without limitation, statements regarding Steven Gilman’s continued service as CEO and Lisa Ricciardi’s future service as an advisor and director of the Company. Forward-looking statements are statements that are not historical facts, nor assurances of future performance. Instead, they are based on the Company’s current beliefs, expectations and assumptions regarding the future of its business, future plans, strategies, projections, anticipated events and trends, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and changes in circumstances that are difficult to predict and many of which are beyond the Company’s control. Actual results may differ from those set forth in the forward-looking statements. Important factors that could cause actual results to differ include, among others, that Dr.Gilman may not continue to serve as CEO, that Ms.Ricciardi may not serve as an advisor to the Company or may not continue to serve as a member of the board of directors, and those detailed under the caption “Risk Factors” in the Company’s Quarterly Report on Form 10-Q for the quarter ended September30, 2017 and its other filings with the Securities and Exchange Commission. Any forward-looking statement made by the Company in this Current Report is based only on information currently available and speaks only as of the date on which it is made. Except as required by applicable law, the Company expressly disclaims any obligations to publicly update any forward-looking statements, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
