SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): March 29, 2018
(Exact name of Registrant as specified in its Charter)
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
12544 High Bluff Drive, Suite 200
San Diego, California
(Address of principal executive offices)
Registrant's telephone number, including area code: (858) 552-1100
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions (see General Instruction A.2. below):
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 29, 2018, the Board of Directors of Quidel Corporation (the “Company”) met and, effective April 4, 2018, increased the size of the Company’s Board of Directors from seven to eight members pursuant to the Company’s Bylaws and appointed Matthew W. Strobeck, Ph.D., 45, to the Board to fill the vacancy.
Dr. Strobeck is currently the Managing Partner of Birchview Capital. Dr. Strobeck was a Partner and Member of the Management Committee and Advisory Board of Westfield Capital Management from 2008 until 2011, having served as a member of the investment team, specializing in healthcare and life sciences, from May 2003 to June 2008. Dr. Strobeck currently serves on the Boards of Accelerate Diagnostics, Tepha Inc., Biodesix and Monteris Medical. Dr. Strobeck received his B.S. from St. Lawrence University, a Ph.D. from the University of Cincinnati, a S.M. from the Harvard University/MIT Health Sciences Technology Program, and an S.M. from the MIT Sloan School of Management.
As a non-employee director, Dr. Strobeck will be compensated on the same basis as all other non-employee directors of the Company. Accordingly, Dr. Strobeck will receive a pro rata portion of a $40,150 annual retainer for his service on the Board and upon his appointment will receive a pro rata portion of the annual grants made to non-employee directors in 2017 under the Company’s 2016 Equity Incentive Plan.
There is no arrangement or understanding between Dr. Strobeck and any other person pursuant to which he was selected as a director. Dr. Strobeck does not have any direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. Dr. Strobeck has entered into the standard Company director indemnification agreement.
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: April 4, 2018
/s/ Robert J. Bujarski
Robert J. Bujarski
SVP, Business Development & General Counsel