Bio-Techne Corp filed SEC Form 8-K: Leadership Update, Other Events, Financial Statements and Exhibits
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Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 24, 2024, Bio-Techne Corporation (the “Company”) temporarily expanded the size of the Board of Directors from ten to eleven members and appointed Dr. Judith Klimovsky to the company's Board of Directors as an independent director.
Judith Klimovsky, M.D., is currently the Executive Vice President and Chief Development Officer at Genmab A/S, a Denmark-based biotechnology company. Before joining Genmab A/S, Dr. Klimovsky held various senior global clinical and research positions at Novartis Oncology, a division of Novartis AG, and Bristol-Meyers Squibb Company. Dr. Klimovsky holds an MD from the Universidad de Buenos Aires.
There are no arrangements or understandings between Dr. Klimovsky and any other persons pursuant to which she was selected as a director. Additionally, there are no transactions involving the Company and Dr. Klimovsky that Bio-Techne would be required to report pursuant to Item 404(a) of Regulation S-K.
Dr. Klimovsky will be entitled to receive compensation for her Board service in accordance with the company's standard compensation arrangements for non-employee directors, which are described under the caption “Director Compensation” in the company's definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on September 13, 2023, pro-rated for a partial year of service in accordance with company policy.
Dr. Klimovsky will serve on the Science & Technology Committee of the Board of Directors.
The Board of Directors also approved a one-year waiver of the mandatory retirement policy for Dr. Roeland Nusse pursuant to the terms of such policy.
Item 8.01 Other Events
A copy of the press release issued by Bio-Techne Corporation on April 30, 2024, announcing Dr. Klimovsky’s appointment is attached hereto as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits
Exhibit No. | Description |
99.1 | Press Release, dated April 30, 2024, announcing appointment of Dr. Klimovsky as director |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| BIO-TECHNE CORPORATION |
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Date: April 30, 2024 | By: | /s/ Shane V. Bohnen |
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| Shane V. Bohnen |
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| Senior Vice President, General Counsel and Corporate Secretary | ||