Lisa Wolf
About Lisa Wolf
Lisa Wolf, 62, has served as Interim Chief Financial Officer and Principal Financial and Principal Accounting Officer of Tivic Health Systems since October 1, 2024; she is engaged as a non‑employee consultant at a rate of $275 per hour and continues to serve concurrently as Vice President at Murdock Martell through April 2025 . She brings 30+ years of finance and accounting experience, including eight years at Resonant, Inc. (NASDAQ: RESN) where she rose from Vice President of Finance to Chief Accounting Officer, and prior public accounting experience at Arthur Andersen; she holds a B.S. in Business Administration from California State University, Northridge and is a CPA earned while at Arthur Andersen . Filings do not disclose company TSR, revenue, or EBITDA performance metrics tied to Ms. Wolf’s compensation; her arrangement is hourly consulting without specified bonus metrics .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Resonant, Inc. | Vice President of Finance; later Chief Accounting Officer | 8 years (ending March 2022) | Senior finance leadership at a public micro‑cap tech company acquired by Murata Electronics North America in March 2022 |
| Murdock Martell | Vice President | June 2022 – April 2025 | Led outsourced support of Tivic’s accounting and SEC reporting functions, building deep familiarity with Tivic’s financial landscape |
| Arthur Andersen | Public accounting (CPA earned) | Not disclosed | Foundational public accounting credentials and CPA qualification |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Murdock Martell | Vice President (concurrent with Tivic Interim CFO) | June 2022 – April 2025 | Continued finance leadership in consulting firm focused on life science and technology sectors |
Fixed Compensation
| Component | 2024–2025 Terms | Notes |
|---|---|---|
| Engagement type | Non‑employee consultant | Interim CFO and Principal Financial/Accounting Officer |
| Hourly rate | $275 per hour | As stipulated in consulting agreement |
| Base salary | Not applicable | Hourly consulting structure; no base salary disclosed |
| Target bonus % | Not disclosed | No bonus targets disclosed for Interim CFO consultant |
| Actual bonus paid | Not disclosed | No bonus payouts disclosed for Interim CFO consultant |
| Benefits | Not eligible for employee benefit plans | Proxy states named executive officers “with the exception of our Interim Chief Financial Officer” participate in benefit plans |
Performance Compensation
- No RSUs, PSUs, stock options, or performance metrics tied to Ms. Wolf’s compensation are disclosed; her arrangement is hourly consulting without specified incentive metrics or vesting provisions .
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| None disclosed for Interim CFO consultant | — | — | — | — | — |
Equity Ownership & Alignment
| Item | Value | Notes |
|---|---|---|
| Total beneficial ownership (shares) | 0 | As of December 20, 2024; less than 1% of class |
| Ownership % of outstanding | <1% | Beneficial ownership table indicates “*” less than 1% |
| Vested vs. unvested shares | Not disclosed | No equity awards disclosed for Ms. Wolf |
| Options (exercisable / unexercisable) | Not disclosed | No options reported for Ms. Wolf; table does not list her |
| Shares pledged as collateral | Not disclosed | No pledging disclosure for Ms. Wolf in filings reviewed |
| Ownership guidelines & compliance | Not disclosed | No role‑specific ownership guideline disclosure for CFO consultant |
Employment Terms
| Term | Detail |
|---|---|
| Appointment date | Effective October 1, 2024 as Interim CFO and Principal Financial/Accounting Officer |
| Engagement form | Consulting agreement; non‑employee consultant |
| Compensation | $275 per hour |
| Term length | Perpetual; terminable by either party |
| Severance | Not disclosed; no severance terms described in consulting summary |
| Change‑of‑control | Not disclosed for Ms. Wolf; company equity plan details CoC treatment for awards, but Ms. Wolf has no disclosed awards |
| Clawback policy | Company adopted Exchange Act Rule 10D‑1‑compliant Compensation Recovery Policy in Nov 2023; prohibits indemnification/insurance for recovery |
| Related‑party transactions | None disclosed; Ms. Wolf has not engaged in related‑person transactions requiring Item 404(a) disclosure |
| Family relationships | None disclosed with directors/executives |
Investment Implications
- Alignment: As an hourly consultant with zero reported ownership, Ms. Wolf has limited direct equity alignment; absence of disclosed equity or options also reduces potential insider selling pressure from vesting events .
- Retention: Perpetual, at‑will consulting agreement terminable by either party introduces retention/continuity risk if Board elects to transition to a permanent CFO or revise terms .
- Governance/controls: Wolf’s deep involvement with Tivic’s accounting and SEC reporting since June 2022 supports continuity in financial reporting; adoption of a 10D‑1‑compliant clawback policy mitigates restatement risk and reinforces pay‑for‑performance governance for incentive compensation if later applicable .
- Risk flags: No related‑party transactions or family relationships disclosed; no pledging disclosed; consulting rate and non‑benefit participation reflect cost‑controlled, flexible CFO structure for a micro‑cap issuer .