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SEC filingSerina Therapeutics announced the promotion of Srini Tenjarla to CTO of its subsidiary with a salary increase to $425,000, CEO Steve Ledger's base salary raised to $500,000 retroactive to September 2024, and adoption of amended bylaws on April 15, 2026.
The promotion of Srini Tenjarla to CTO of the wholly-owned subsidiary Serina (AL), Inc. reflects internal advancement in key technical leadership, with his prior role in CMC and Formulation since July 2024 providing continuity. The significant salary increase to $425,000 underscores the importance of this position. Similarly, the CEO base salary adjustment to $500,000, tied to achieved strategic goals, signals performance-based incentives and retention of top executive talent. The amended bylaws introduce formal provisions for Co-Chairs, enhancing board flexibility by granting them equivalent authority to the Chair for calling meetings and presiding, which may support evolving governance needs. These changes collectively strengthen leadership structure and compensation alignment without altering core operations.