The latest update is out from Inogen (INGN).

Inogen, Inc. has announced a leadership transition where Jason Somer, the current Executive Vice President, General Counsel and Secretary, will part ways with the company by July 19, 2024. His departure will follow the terms of his existing employment and severance agreement. In his stead, Kevin P. Smith, a seasoned legal professional with extensive experience in healthcare companies, will assume the role effective July 22, 2024. Smith’s appointment comes with a comprehensive compensation package including a base salary, performance bonus, equity awards, and severance benefits, contingent upon the company’s performance and its adherence to certain conditions.

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