Exicure Inc. has announced updates to the compensation packages for its executive management team, effective April 1, 2025. The company's Board of Directors approved an increase in the annual base salary for Chief Executive Officer Andy Yoo, raising it to $480,000, and for Chief Financial Officer Seung Ik Baik, increasing it to $300,000. Additionally, if terminated without cause, Mr. Yoo will receive a severance package equivalent to 24 months of his base salary, while Mr. Baik will be entitled to 12 months of his base salary as severance. These changes aim to solidify the company's leadership structure and align with corporate goals.
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