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Posted 12 November, 2021

TherapeuticsMD, Inc. appointed Mr. Hugh O'Dowd as new CEO

Nasdaq:TXMD appointed new Chief Executive Officer Mr. Hugh O'Dowd in a 8-K filed on 12 November, 2021.


  On November 11, 2021, TherapeuticsMD, Inc., a Nevada corporation (the "Company"), announced that Mr. Hugh O'Dowd, the Company's current President, will succeed Mr. Robert G. Finizio, the Company's Co-founder and current Chief Executive Officer, as the Company's Chief Executive Officer effective on or before December 31, 2021.  

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Overview of TherapeuticsMD, Inc.
Health Care/Life Sciences • Pharmaceuticals
TherapeuticsMD, Inc. operates as a pharmaceutical company. It focuses on the development and commercialization of products for women. The firm's technology, SYMBODA, develops advanced hormone therapy pharmaceutical products to enable delivery of bio-identical hormones through a variety of dosage forms and administration routes. It also manufactures and distributes branded and generic prescription prenatal vitamins, as well as over-the-counter vitamins under the BIJUVA, IMVEXXY, vitaMedMD and BocaGreenMD brands. The company was founded by Robert G. Finizio and Brian A. Bernick in 1907 and is headquartered in Boca Raton, FL.
Market Cap
$27.9M
View Company Details
Relevant filing section
Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


On November 11, 2021, TherapeuticsMD, Inc., a Nevada corporation (the "Company"), announced that Mr. Hugh O'Dowd, the Company's current President, will succeed Mr. Robert G. Finizio, the Company's Co-founder and current Chief Executive Officer, as the Company's Chief Executive Officer effective on or before December 31, 2021. Mr. O'Dowd will also be appointed to the Company's Board of Directors. Mr. Finizio will continue with the Company and has been appointed Vice Chair of the Board of Directors. 


Except pursuant to Mr. O'Dowd's existing employment Agreement, dated August 3, 2021, which was filed as an exhibit to the Company's Current Report on Form 8-K on August 9, 2021 and is incorporated herein by reference, there are no arrangements or understandings between Mr. O'Dowd and any other person pursuant to which he was appointed as Chief Executive Officer of the Company and no family relationship between Mr. O'Dowd and any director or executive officer of the Company. Other than as described in this Current Report on Form 8-K, since the beginning of the Company's last fiscal year, the Company has not engaged in any transactions, and there are no proposed transactions, or series of similar transactions, in which the Company was or is to be a participant and in which Mr. O'Dowd had a direct or indirect material interest in which the amount involved exceeds or exceeded $120,000.