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Robert Goodman

Director at Beyond AirBeyond Air
Board

About Robert Goodman

Robert Goodman joined Beyond Air’s (XAIR) Board in June 2025 and was determined by the Board to be independent under Nasdaq rules at appointment; he later transitioned to serve as Interim Chief Commercial Officer in November 2025. He is a retired U.S. Army officer with 30+ years of commercial leadership spanning BioTelemetry, Philips Healthcare, Cardiocore, Thermo Fisher Scientific, Pfizer, and WEP Clinical; he holds an undergraduate degree from Norwich University. Appointment effective June 13, 2025 (press release) with Board action recorded June 16, 2025 (8‑K); independence affirmed at appointment; interim CCO role announced November 10, 2025, which generally implies loss of director independence while serving as an executive .

Past Roles

OrganizationRoleTenureCommittees/Impact
WEP ClinicalChief Commercial Officer2023–2024Helped accelerate and increase total contract values and revenue growth by over 30% YoY
BioTelemetryDivision PresidentThrough 2021Led $2.1B sell-side transaction to Royal Philips in 2021
CardiocoreSVP, Sales & Marketing2008–2017Company later acquired by BioTelemetry
Thermo Fisher ScientificSenior Director, Head of Sales & Marketing2007–2008Executive commercial leadership
Philips HealthcareExecutive leadershipNot disclosedSenior leadership post-BioTelemetry acquisition
PfizerExecutive leadershipNot disclosedNamed among prior leadership roles

External Roles

OrganizationRoleTenureCommittees/Impact
Fourth FrontierDirectorNot disclosedContributed to 510(k) FDA device approval and supported successful Series B financing

Board Governance

  • Appointment and status: Appointed effective June 13, 2025; Board action on June 16, 2025; determined independent at appointment .
  • Committees: As of appointment, Board had not assigned Goodman to any board committees (Audit, Compensation, Nominating) .
  • Engagement: Company encourages annual meeting attendance; two directors attended 2024 annual meeting (pre‑Goodman) .
  • Executive role transition: Appointed Interim Chief Commercial Officer on November 10, 2025, indicating he was serving as an executive while on the Board .

Fixed Compensation

ComponentGoodman SpecificXAIR Non-Employee Director Structure (Historical)
Cash retainerNot disclosed; Board stated “typical compensation” for non-employee directors $0 cash fees reported for FY2024 for non-employee directors
Meeting/committee feesNot disclosed Not disclosed; tables show no cash fees
Equity – Options (grant date fair value)Not disclosed FY2024 option awards: $51,300 for Forbes, Bentsur, Lucera, Lee; $102,600 for Carey
Equity – RSUsNot disclosed None shown for non-employee directors in FY2024
Change-in-control termsNot disclosed for Goodman Director agreements include automatic vesting of unvested options/RSUs upon change of control

Performance Compensation

MetricDirector Compensation ApplicabilityNotes
Non-equity incentive plan compNone disclosed for non-employee directors in FY2024 XAIR director tables report dashes (no non-equity incentives)
Performance metrics (TSR, revenue, EBITDA, ESG)Not disclosed for GoodmanNo performance-tied metrics disclosed for directors in proxies

Other Directorships & Interlocks

CompanyPublic/PrivateRolePotential Interlock Risk
Fourth FrontierNot disclosedDirectorHealth tech exposure; no specific XAIR transaction disclosed
Philips HealthcarePublic (Royal Philips)Executive leadership (prior)Strategic/commercial experience; no related-party dealings with XAIR disclosed
BioTelemetry/Cardiocore/Thermo Fisher/PfizerPublic/privateExecutive roles (prior)Sector network depth; Company reported no related‑party transactions involving Goodman

Expertise & Qualifications

  • Education and military: Undergraduate degree from Norwich University; retired U.S. Army officer .
  • Commercial leadership: Led $2.1B sale of BioTelemetry to Philips; delivered >30% YoY revenue growth at WEP Clinical; extensive sales and marketing leadership across medtech/pharma .
  • Health tech governance: Board role at Fourth Frontier contributing to 510(k) and financing outcomes .

Equity Ownership

ItemAmount/Status
Common shares beneficially owned40,000 (Direct)
Ownership % of shares outstanding~0.046% (40,000 / 86,369,869 outstanding as of 4/23/2025)
Vested vs unvested breakdownNot disclosed
Derivative securities (options/warrants)None reported on Form 3 at appointment
Shares pledged as collateralNot disclosed

Insider Filings

Filing DateFormEvent DateTitle of SecuritySharesOwnership FormNotes
2025-07-09Form 32025-06-16Common Stock40,000DirectInitial statement of beneficial ownership upon joining Board

Governance Assessment

  • Independence risk: Goodman’s appointment as Interim Chief Commercial Officer in November 2025 is a governance red flag for board independence, as executive service typically disqualifies “independent” status under exchange rules while in role; close monitoring of committee participation and independence disclosures is warranted .
  • Committees/attendance: Committee assignment for Goodman was not determined at appointment; no attendance data for Goodman disclosed yet, limiting evaluation of committee effectiveness and engagement .
  • Compensation alignment: XAIR historically compensates non‑employee directors with equity options and no cash fees, supporting alignment; Goodman’s specific grants have not been disclosed, so current pay-for-performance alignment for him cannot be assessed .
  • Related‑party/transactions: Company disclosed no Item 404(a) related‑party transactions involving Goodman at appointment, reducing immediate conflict risk .
  • Ownership signal: Initial stake of 40,000 shares is positive but modest; future filings (Form 4) should be tracked for incremental ownership or equity awards post‑appointment and following interim executive role .

RED FLAGS

  • Director independence compromised by concurrent Interim CCO role starting November 2025; ensure separation of duties and recusal from compensation decisions affecting his executive role .
  • Lack of disclosed committee assignments and director-specific compensation details post-appointment limits transparency into governance influence and incentives .

Notes

  • Company committees as of 2024/2025: Audit (Lucera chair; members Bentsur, Carey), Compensation (Lee chair; members Lucera, Bentsur), Nominating (Lucera chair; members Lee, Forbes); Goodman was not on the Board at those disclosures .