PDS Biotechnology (NASDAQ: PDSB) CEO takes interim finance role as CFO departs
Rhea-AI Filing Summary
PDS Biotechnology Corp (PDSB) reported that Lars Boesgaard resigned as Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer, effective September 12, 2026, to pursue other professional endeavors. He acknowledged that his resignation is not due to any disagreement regarding operations, policies, or practices.
Effective the same date, the board appointed Janetta Trochimiuk, the company’s Controller, as interim Principal Accounting Officer and Frank Bedu-Addo, Ph.D., President and Chief Executive Officer, as interim Principal Financial Officer. Ms. Trochimiuk, age 63, has over 25 years of experience in senior finance roles and will continue as Controller with an annual base salary of $279,519.57, remaining eligible for equity awards under the Third Amended and Restated 2014 Equity Incentive Plan.
Positive
- None.
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- CFO, Principal Financial Officer and Principal Accounting Officer resigns effective September 12, 2026, representing a significant change in PDSB’s senior financial leadership despite no stated disagreements.
Filing Explained
Janetta Trochimiuk received no equity award in connection with becoming interim Principal Accounting Officer; her continuing eligibility for future equity awards is not an award, so the disclosed transition does not itself add a reported equity issuance.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Effective resignation date: September 12, 2026
Board appointment date: August 19, 2026
Executive age: 63
+3 more
6 metrics
Effective resignation date
September 12, 2026
Effective date of Lars Boesgaard’s resignation from CFO, Principal Financial Officer and Principal Accounting Officer roles
Board appointment date
August 19, 2026
Date the board appointed interim Principal Accounting Officer and interim Principal Financial Officer
Executive age
63
Age of interim Principal Accounting Officer, Janetta Trochimiuk
Experience in finance roles
More than 25 years
Length of Ms. Trochimiuk’s experience as a Controller or Chief Financial Officer
Base salary
$279,519.57 per year
Annual base salary for interim Principal Accounting Officer Janetta Trochimiuk
Par value per share
$0.00033 per share
Par value of PDS Biotechnology Corporation common stock
Key Terms
Principal Financial Officer, Principal Accounting Officer, Controller, Equity Incentive Plan
4 terms
Principal Financial Officer financial
"as Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer"
The principal financial officer is the senior executive who runs a company's financial operations: preparing and certifying financial reports, managing accounting controls, budgets and cash flow, and advising on financial strategy. Investors care about this role because its competence affects how trustworthy the company’s numbers are, how well it manages risk and capital needs, and the credibility of forecasts—like the chief navigator steering a firm's financial course.
Principal Accounting Officer financial
"appointed Janetta Trochimiuk ... as interim Principal Accounting Officer"
The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.
Controller financial
"the Company’s Controller, as interim Principal Accounting Officer"
Equity Incentive Plan financial
"eligible for equity awards under the Company’s Third Amended and Restated 2014 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
FAQ
What leadership change did PDSB announce regarding its CFO on August 13, 2026?
PDSB announced that Lars Boesgaard resigned as Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer, effective September 12, 2026. He stated the decision was to pursue other professional endeavors and not due to disagreements with the company.
Who will serve as interim Principal Financial Officer at PDSB (PDSB) after September 12, 2026?
PDSB appointed Frank Bedu-Addo, Ph.D., its President and Chief Executive Officer, as interim Principal Financial Officer effective September 12, 2026. This consolidates both CEO and principal finance responsibilities in one executive on an interim basis.
Who is PDSB’s interim Principal Accounting Officer and what is her background?
PDSB named Janetta Trochimiuk as interim Principal Accounting Officer effective September 12, 2026. She is age 63, has over 25 years of experience as Controller or CFO, and has served as the company’s Controller since December 2019.
What is the annual base salary of PDSB’s interim Principal Accounting Officer?
Interim Principal Accounting Officer Janetta Trochimiuk will continue to receive a base salary of $279,519.57 per year. She also remains eligible for equity awards under PDSB’s Third Amended and Restated 2014 Equity Incentive Plan.
Did PDSB’s departing CFO cite any disagreements with the company?
No. Lars Boesgaard acknowledged that his resignation from PDSB is not the result of any disagreement relating to the company’s operations, policies, or practices, and is instead to pursue other professional endeavors.
Does PDSB’s interim Principal Accounting Officer receive new equity awards for her promotion?
No. The filing states that Janetta Trochimiuk did not receive any equity awards in connection with her promotion, although she remains eligible for equity grants under the company’s existing 2014 Equity Incentive Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
