Brief: Rain Oncology Inc Sees About $2.4 Million To $2.6 Million In Charges In Connection With Restructuring Plan

Rain Oncology

05/06/2023 22:13

June 5 (Reuters) - Rain Oncology Inc  RAIN.O :
    * RAIN ONCOLOGY INC -  ESTIMATES WILL INCUR ABOUT $2.4
MILLION TO
$2.6 MILLION IN CHARGES IN CONNECTION WITH RESTRUCTURING PLAN
ANNOUNCED ON MAY 28
    * RAIN ONCOLOGY INC - CHARGES ARE EXPECTED TO BE INCURRED
AND PAID
IN Q2 OF FISCAL 2023
    * RAIN ONCOLOGY - POST PLAN, RICHARD BRYCE TO TRANSITION
FROM
EXECUTIVE VICE PRESIDENT, CHIEF MEDICAL OFFICER TO ADVISORY
POSITION, EFFECTIVE JUNE 1
    * RAIN ONCOLOGY INC - ROBERT DOEBELE SUCCEEDED BRYCE AS CO'S
CHIEF
MEDICAL OFFICER
    * RAIN ONCOLOGY - POST PLAN NELSON CABATUAN TO TRANSITION
FROM
SENIOR VICE PRESIDENT, FINANCE, OPERATIONS TO ADVISORY POSITION,
EFFECTIVE JUNE 1
    * RAIN ONCOLOGY INC - JOY BRUCE ASSUMED ROLE OF CO'S
PRINCIPAL
FINANCIAL AND ACCOUNTING OFFICER

Further company coverage:  RAIN.O 

 ((Reuters.Briefs@thomsonreuters.com;))