Sign in

You're signed outSign in or to get full access.

Chris Cabell

President and Head of Research and Development at Inhibikase TherapeuticsInhibikase Therapeutics
Executive

About Chris Cabell

Chris Cabell, M.D., M.H.S., F.A.C.C. is President and Head of Research & Development at Inhibikase Therapeutics (IKT) since February 21, 2025; he is a cardiologist with 30+ years in biopharma, previously CMO at Arena Pharmaceuticals, Emergent BioSolutions, and Zura Bio, and CEO of CorHepta prior to its acquisition by IKT; age 56; Fellow of the ACC; >100 peer-reviewed publications; degrees from Penn State and Duke (MD, MHS) . Key corporate performance metrics (TSR, revenue, EBITDA) for his tenure are not disclosed in filings .

Past Roles

OrganizationRoleYearsStrategic Impact
CorHepta Pharmaceuticals, Inc.Chief Executive OfficerAug 2024 – Feb 2025Led PAH-focused R&D; CorHepta acquired by IKT on Feb 21, 2025 .
Zura Bio LimitedChief Medical Officer, EVPJan 2023 – Jan 2024Directed clinical strategy and programs .
Emergent BioSolutions Inc.Chief Medical Officer; Head of Clinical DevelopmentFeb 2021 – Jan 2023Led clinical development at a global life sciences company .
Arena Pharmaceuticals, Inc.SVP Head of Clinical Development; CMO; EVP Head of R&DOct 2017 – Jun 2020PAH clinical efforts on ralinepag critical to successful license to United Therapeutics .
Quintiles/QuintilesIMSChief Medical & Scientific Officer; Global Head roles~10 years (prior to Duke/Arena)Global leadership across medical/project management and business development .
Duke University School of MedicineAssociate Professor of Medicine (Cardiology)Prior to industryAcademic cardiology; >100 peer-reviewed publications .

External Roles

OrganizationRoleYearsStrategic Impact
Pulmatrix Inc.DirectorSince Jul 2020Public company board experience .
HD Consulting Services, LLCFounderSince Dec 2020Consulting and BD leadership .

Fixed Compensation

ComponentValueNotes
Base Salary$500,000Per Employment Agreement signed Feb 21, 2025 .
Target Bonus %Up to 45% of baseInitial annual performance-based cash incentive .
Actual Bonus PaidNot disclosedNo disclosure of payouts to date .

Performance Compensation

Annual Cash Incentive

MetricWeightingTargetActualPayoutVesting
Performance metrics (corporate/clinical)Not disclosedUp to 45% of baseNot disclosedNot disclosedCash; annual .

Stock Options – Hire Option

GrantSharesExercise/StrikeVestingExpirationNotes
Hire Option1,100,705Not disclosedVests in 3 equal installments on 2nd, 3rd, 4th anniversaries of hireNot disclosedGranted Feb 21, 2025 .

Stock Options – Warrant Adjustment Option (WAO)

GrantSharesExercise/StrikeVestingExercisability LinkageNotes
Warrant Adjustment Option1,709,295Not disclosedVests in 3 equal installments on 2nd, 3rd, 4th anniversaries of hireBecomes exercisable only in proportion to actual exercises of Company Series A‑1 and Series B‑1 WarrantsGranted Feb 21, 2025 .

Equity Ownership & Alignment

  • Initial equity grants: 2,810,000 stock options in total (1,100,705 Hire Option + 1,709,295 WAO) with multi‑year vesting and WAO exercisability tied to warrant exercises .
  • Beneficial ownership position (shares owned or exercisable within 60 days) for Dr. Cabell is not separately disclosed in the May 1, 2025 beneficial ownership table; executive officers and directors as a group held 5,587,156 shares (7.3%) at May 1, 2025, but individual data for Dr. Cabell is not listed .
  • Hedging and pledging of Company stock are prohibited under IKT’s insider trading policy; Rule 10b5‑1 plan usage permitted if set while not in possession of MNPI .
  • Company maintains a compensation clawback policy consistent with SEC/Nasdaq rules (recovery of incentive compensation upon required restatements) .

Employment Terms

ProvisionEconomics / TermsTriggers/Conditions
Employment Agreement effectiveFeb 21, 2025Signed upon appointment as President & Head of R&D .
Severance – Non‑CICCash equal to 9 months base salary; monthly health contribution payments up to 9 months; earned prior‑year bonus; pro‑rated current‑year bonus; accelerated vesting of a prorated portion of Options per formula (subject to 12+ months service and release)Termination by Company without Cause or by executive for Good Reason outside the Change‑in‑Control period; release and compliance required; WAO only exercisable per its terms (proportional to warrant exercises) .
Severance – CIC periodNot disclosedCIC period defined in Employment Agreement; specific CIC severance economics for Dr. Cabell not detailed in the 8‑K .
Accrued ObligationsBase salary through termination date; unpaid expense reimbursements; vested benefits under Company plansPayable on any termination .
IndemnificationStandard IKT indemnification agreement executedFiled S‑1 Exhibit 10.9 reference .

Investment Implications

  • Multi‑year vesting with a two‑year initial cliff aligns retention: both options vest in equal tranches at the 2nd, 3rd, and 4th anniversaries, limiting near‑term selling pressure before 2027 .
  • WAO exercisability tied to warrant exercises ties executive equity realization to external capital structure actions, potentially delaying liquidity and aligning incentives to financing outcomes .
  • Governance guardrails (hedging/pledging ban; Rule 10b5‑1 policy; SEC/Nasdaq clawback) support alignment and reduce hedging/pledging red flags .
  • Severance outside CIC (9 months base + health + bonus components + prorated vesting) suggests moderate retention cost if departure; CIC details for Cabell not disclosed, but broader corporate practice includes option repricing (Oct 2024) for other insiders, a potential compensation risk signal to monitor for future award modifications .
  • Track record in PAH (ralinepag licensing success at Arena) and cardiology expertise strengthen execution prospects for IKT’s PAH program (IkT‑001) under his R&D leadership .