XBiotech Raises Interim CEO Sushma Shivaswamy’s Salary to $750,000

Reuters

Dec 09, 2025

XBiotech Raises Interim CEO Sushma Shivaswamy's Salary to $750,000

XBiotech Inc. has announced that Sushma Shivaswamy, currently Chief Scientific Officer, will serve as interim CEO effective December 8, 2025. During her tenure as interim CEO and Chief Scientific Officer, her annual base salary will be increased to $750,000. The company stated that her bonus structure and full remuneration package will be determined by the Compensation Committee at a later date. Additionally, retiring CEO John Simard will receive compensation for his new consulting role as specified in his Executive Employment Agreement, and XBiotech intends to pay him the severance amount outlined in that agreement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. XBiotech Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001171843-25-007836), on December 09, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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ID: 0001171843-25-007836), on December 09, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4139","symbol_name":"生物科技","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251209:nNDL6rZ4tZ:1","article_id":"2590344531","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2590344531","pubTimestamp":1765288889,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"XBiotech Inc. has announced that Sushma Shivaswamy, currently Chief Scientific Officer, will serve as interim CEO effective December 8, 2025. 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XBiotech Inc. published the original content used to generate this news b","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4139":"生物科技","XBIT":"XBiotech Inc."},"translate_title":"XBiotech将临时首席执行官Sushma Shivaswamy的薪水提高至75万美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XBIT":0.9},"content_text":"XBiotech Raises Interim CEO Sushma Shivaswamy's Salary to $750,000\n    \n\nXBiotech Inc. has announced that Sushma Shivaswamy, currently Chief Scientific Officer, will serve as interim CEO effective December 8, 2025. During her tenure as interim CEO and Chief Scientific Officer, her annual base salary will be increased to $750,000. The company stated that her bonus structure and full remuneration package will be determined by the Compensation Committee at a later date. 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