Instil Bio Inc.

04/26/2024 | Press release | Distributed by Public on 04/26/2024 14:01

Management Change/Compensation - Form 8-K

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 24, 2024, Jack B. Nielsen notified the Board of Directors of Instil Bio, Inc. (the "Company") that he is resigning from the Company's Board of Directors ("Board") effective immediately for personal reasons. Mr. Nielsen's decision is not due to any disagreement with the Company or the Board on any matter relating to the operations, policies or practices of the Company. The Company thanks Mr. Nielsen for his commitment and service to the Company and wishes him all the best. In connection with Mr. Nielsen's resignation, the Board appointed George Matcham, Ph.D., a member of the Board, to serve on the Audit Committee of the Board.