Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of
Principal Officers; Compensatory Arrangements of Certain Officers.
Appointment of Interim Chief Financial Officer
On September 6, 2018, NantHealth, Inc. appointed Bob Petrou as our interim Chief Financial Officer, effective as of September 12,
2018. In addition, Mr. Petrou will serve as our interim Principal Financial Officer.
Mr. Petrou, age 46, previously held
various roles with Blackberry Limited, a telecommunications company, including Head of Finance - Mobility Solutions from 2016 to 2017, Head of Finance - HandHeld Devices and Emerging Solutions from 2014 to 2016, Sr. Director Finance, Manufacturing
and Supply Chain from 2011 to 2014, Director Finance Outsourced MFG Ops from 2007 to 2011, and Plant Accountant from 2001 to 2007. Prior to Blackberry, Mr. Petrou served as Plant Accountant at Cooper Standard, an automotive component supply
company, from 1999 to 2001. From 1997 to 1999, Mr. Petrou served as a Cost Accountant at Standard Products Co, an automotive component supply company. Mr. Petrou holds a Bachelor of Commerce degree in finance from the University of Guelph
and is also a Chartered Professional Accountant and Certified Management Accountant.
Mr. Petrou will serve as the interim Chief
Financial Officer and interim Principal Financial Officer pursuant to a consulting agreement between the Company and Mr. Petrou under which the Company will pay Mr. Petrou approximately $36,000 per month, plus reasonable travel expenses.
The above summary description of Mr. Petrous consulting agreement does not purport to be complete and is qualified in its
entirety by reference to the full text of the consulting agreement, which will be filed as an exhibit to the Companys Quarterly Report on Form
10-Q
for the quarter ended September 30, 2018.
In addition, we have provided our standard form of indemnification agreement to Mr. Petrou. Mr. Petrou has no direct or indirect
material interest in any transaction required to be disclosed pursuant to Item 404(a) of
Regulation S-K promulgated
under the Securities Exchange Act of 1934, as amended, nor are any such
transactions currently proposed. There are no family relationships between Petrou and any of our directors or executive officers.