NeoGenomics (NASDAQ: NEO) outlines CFO change, prelim 2025 results
Rhea-AI Filing Summary
NeoGenomics reported select preliminary, unaudited revenue results for the fourth quarter and full year ended December 31, 2025, while emphasizing that these figures are based on management estimates and may change after the year-end audit.
The company also outlined a planned finance leadership transition. Chief Financial Officer Jeffrey S. Sherman notified the board of his intention to retire and will move to Executive Vice President, Finance on March 2, 2026, serve in that role until April 14, 2026, and then act as a special advisor through April 2028. Abhishek Jain has been appointed Executive Vice President, Finance and is expected to become Chief Financial Officer on March 2, 2026. His compensation includes a $520,000 annual base salary, a target annual bonus equal to 60% of salary, and an initial equity award valued at $2,750,000 split evenly between three-year vesting restricted stock units and premium-priced stock options.
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Insights
NeoGenomics pairs a planned CFO succession with preliminary 2025 revenue disclosure.
NeoGenomics is signaling continuity in its finance function by announcing Chief Financial Officer Jeffrey Sherman’s retirement alongside a phased transition. He will shift to Executive Vice President, Finance on March 2, 2026, remain in that role until April 14, 2026, and then support the company as a special advisor through April 2028, which may help preserve institutional knowledge during and after the year-end reporting cycle.
The company has appointed Abhishek Jain as Executive Vice President, Finance, with the expectation that he will become Chief Financial Officer on March 2, 2026. His package—an annual base salary of
Alongside these leadership changes, NeoGenomics released select preliminary unaudited revenue figures for the quarter and year ended
FAQ
What does NeoGenomics (NEO) disclose in this 8-K filing?
NeoGenomics reports select preliminary, unaudited revenue results for the fourth quarter and full year ended December 31, 2025, and announces a planned transition in its senior finance leadership, including the retirement of its current Chief Financial Officer and the appointment of a successor.
Who is retiring as CFO of NeoGenomics (NEO) and when?
Jeffrey S. Sherman, the current Chief Financial Officer of NeoGenomics, has informed the board of his intention to retire. He will transition to Executive Vice President, Finance on March 2, 2026, is expected to serve in that role until April 14, 2026, and then continue as a special advisor to the company through April 2028.
Who is the new senior finance executive at NeoGenomics (NEO)?
NeoGenomics has appointed Abhishek Jain as Executive Vice President, Finance. He is expected to assume the role of Chief Financial Officer on March 2, 2026, after previously holding senior finance positions at CareDx and Agilent Technologies and holding U.S. CPA (inactive) and Indian Chartered Accountant qualifications.
What compensation will Abhishek Jain receive at NeoGenomics (NEO)?
Abhishek Jain will receive an annual base salary of $520,000 and a target annual incentive bonus equal to 60% of his salary, based on his and/or the company’s performance relative to goals set by the board or its compensation committee.
What equity award is NeoGenomics (NEO) granting to Abhishek Jain?
The compensation committee approved an initial equity grant for Abhishek Jain valued at $2,750,000 in NeoGenomics common stock, with 50% in restricted stock units that vest ratably over three years and 50% in premium-priced stock options that also vest ratably over three years.
How reliable are NeoGenomics’ preliminary 2025 revenue figures?
The preliminary revenue results for the fourth quarter and fiscal year ended December 31, 2025 are based on unaudited information and management estimates. NeoGenomics notes they are not a comprehensive statement of results and remain subject to change, potentially materially, after completion of the audit.