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Leadership change at Schrödinger (NASDAQ: SDGR) as CCO departs and outlook held

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Schrödinger, Inc. announced a leadership change and reaffirmed its financial outlook. On May 18, 2026, Mannix Aklian ceased serving as Chief Commercial Officer and Global Head of Software Sales and Marketing, effective immediately. Former Executive Vice President, Sales, Paul Davie is returning as interim Chief Commercial Officer and Global Head of Software Sales and Marketing while a search is conducted for a permanent replacement.

The company also reaffirmed its previously issued full-year 2026 and second-quarter 2026 financial and operational guidance that was provided with its first-quarter 2026 earnings release on May 5, 2026. Schrödinger highlights that its outlook and other forward-looking statements are subject to risks, including the ability to retain and hire key personnel and demand for its software platform.

Positive

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Negative

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Insights

Executive change at CCO level, but guidance is reaffirmed.

Schrödinger reports that Mannix Aklian has left the role of Chief Commercial Officer and Global Head of Software Sales and Marketing, effective May 18, 2026. The company is bringing back former Executive Vice President, Sales, Paul Davie as interim CCO while it searches for a permanent replacement, which suggests a continuity-focused bridge rather than an entirely new commercial direction.

At the same time, Schrödinger is reaffirming both its full-year 2026 and second-quarter 2026 financial and operational guidance previously issued with its first-quarter results. This indicates that, as of this disclosure, management does not see the leadership transition as requiring changes to its near-term or full-year outlook.

The company reiterates typical forward-looking statement cautions, pointing to risks such as its ability to retain and hire key personnel and demand for its software platform. Subsequent company reports will show whether the commercial leadership change affects execution relative to the reaffirmed guidance.

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.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Executive change date May 18, 2026 Mannix Aklian ceased serving as Chief Commercial Officer
Guidance fiscal year end December 31, 2026 Full-year 2026 financial and operational outlook
Guidance quarter end June 30, 2026 Second-quarter 2026 financial and operational outlook
Q1 earnings release date May 5, 2026 Original guidance referenced and reaffirmed
Report signature date May 20, 2026 8-K signed by Chief Legal Officer and Corporate Secretary
interim Chief Commercial Officer financial
"Paul Davie is returning to the Company as interim Chief Commercial Officer, Global Head of Software Sales and Marketing"
Regulation FD Disclosure regulatory
"Item 7.01 Regulation FD Disclosure. The Company reaffirms the full-year and second quarter 2026 financial and operational guidance"
Regulation FD disclosure requires public companies to share important, market-moving information with everyone at the same time instead of tipping off analysts or large investors first. Think of it as making sure all players on a field hear the same announcement simultaneously; that fairness helps investors trust that stock prices reflect the same information and reduces the risk of sudden, unfair trading advantages or regulatory penalties for selective leaks.
forward-looking statements regulatory
"This on contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Risk Factors financial
"as well as the other risks and uncertainties under the caption “Risk Factors” and elsewhere in the Company’s filings"
Risk factors are elements or conditions that could cause an investment's value to decrease or lead to potential losses. They are like warning signs or obstacles that can affect the success of an investment, making it uncertain or more unpredictable. Recognizing risk factors helps investors understand the possible challenges and make more informed decisions.
Emerging growth company regulatory
"Emerging growth company o o Item 5.02. Departure of Directors or Certain Officers"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
1540 Broadway24th FloorNew YorkNYFALSE000149097800014909782026-05-182026-05-18

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
________________________________________
FORM 8-K
________________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 18, 2026
________________________________________
Schrodinger, Inc.
(Exact name of Registrant as Specified in Its Charter)
________________________________________
Delaware001-3920695-4284541
(State or other jurisdiction of
incorporation or organization)
(I.R.S. Employer
Identification No.)
(Commission File Number)
1540 Broadway, 24th Floor
New York, NY
10036
(Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code: (212) 295-5800
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
________________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading
Symbol(s)
Name of each exchange on which registered
Common stock, par value $0.01 per shareSDGRThe Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 5.02.    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 18, 2026, Mannix Aklian ceased to serve as Schrödinger, Inc.’s (the “Company”) Chief Commercial Officer, Global Head of Software Sales and Marketing, effective immediately. Paul Davie, the Company’s former Executive Vice President, Sales is returning to the Company as interim Chief Commercial Officer, Global Head of Software Sales and Marketing, while the Company conducts a search for a permanent replacement.
Item 7.01     Regulation FD Disclosure.
The Company reaffirms the full-year and second quarter 2026 financial and operational guidance provided in connection with the Company's first quarter 2026 earnings release, as set forth in the Company’s press release dated May 5, 2026, furnished as Exhibit 99.1 to the Company’s Current Report on Form 8-K filed on May 5, 2026.
The information in this Item 7.01 is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Cautionary Note Regarding Forward-Looking Statements
This Current Report on Form 8-K contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 including, but not limited to, the Company’s financial and operational outlook for the fiscal year ending December 31, 2026 and second quarter ending June 30, 2026. Statements including words such as “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and statements in the future tense are forward-looking statements. These forward-looking statements reflect the Company’s current views about its plans, intentions, expectations, strategies and prospects, which are based on the information currently available to the Company and on assumptions the Company has made. Actual results may differ materially from those described in these forward-looking statements and are subject to a variety of assumptions, uncertainties, risks and important factors that are beyond the Company’s control, including the Company’s ability to retain and hire key personnel, the demand for its software platform, its ability to further develop its computational platform, as well as the other risks and uncertainties under the caption “Risk Factors” and elsewhere in the Company’s filings and reports with the Securities and Exchange Commission, including the Company’s most recent Quarterly Report on Form 10-Q and in future filings and reports. Any forward-looking statements contained in this Current Report on Form 8-K speak only as of the date hereof. Except as required by law, the Company undertakes no duty or obligation to update any forward-looking statements contained herein as a result of new information, future events, changes in expectations or otherwise.



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Schrödinger, Inc.
Date: May 20, 2026By:/s/ Yvonne Tran
Yvonne Tran
Chief Legal Officer and Corporate Secretary








FAQ

What executive change did Schrödinger (SDGR) announce in this 8-K?

Schrödinger reported that Mannix Aklian ceased serving as Chief Commercial Officer and Global Head of Software Sales and Marketing on May 18, 2026. Former Executive Vice President, Sales, Paul Davie is returning as interim Chief Commercial Officer while the company searches for a permanent replacement.

Who is serving as Schrödinger (SDGR) interim Chief Commercial Officer?

Schrödinger appointed Paul Davie as interim Chief Commercial Officer and Global Head of Software Sales and Marketing. Davie previously served as the company’s Executive Vice President, Sales and is returning to help lead commercial operations during the search for a permanent replacement.

Did Schrödinger (SDGR) change its 2026 financial guidance in this report?

Schrödinger reaffirmed its full-year 2026 and second-quarter 2026 financial and operational guidance. The outlook referenced is the same guidance provided with the company’s first-quarter 2026 earnings release and related press release dated May 5, 2026.

What time periods does Schrödinger’s reaffirmed guidance in this 8-K cover?

The reaffirmed guidance covers the fiscal year ending December 31, 2026 and the second quarter ending June 30, 2026. Schrödinger states that this guidance was originally provided in connection with its first-quarter 2026 earnings release on May 5, 2026.

How does Schrödinger (SDGR) describe the nature of its forward-looking statements?

Schrödinger explains that its forward-looking statements reflect current views about plans, intentions, expectations, strategies and prospects. It notes actual results may differ materially due to assumptions, uncertainties, risks and factors beyond its control, and references its “Risk Factors” section in recent SEC reports.

Filing Exhibits & Attachments

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