Ovid Therapeutics announced on July 5, 2026, that its Chief Business & Financial Officer, Jeffrey Rona, is stepping down effective July 6, under a mutual agreement. The company immediately promoted Charles Carter, its SVP of Finance and Financial Planning, to CFO, principal accounting officer, and secretary. Carter will earn a $460,000 base salary with a 35% target bonus, a $75,000 additional cash bonus, and a restricted stock award of 50,000 shares vesting over two years.
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