Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As previously reported, on November 18, 2025, Keith Kucinski, Chief Financial Officer of Matinas BioPharma Holdings, Inc. (the "Company"), notified the Company of his intention to resign from his position as Chief Financial Officer, effective January 17, 2026, to pursue other opportunities.
On January 22, 2026, the board of directors (the "Board") appointed Jerome D. Jabbour, the Company's current Chairman of the Board, President and Chief Executive Officer, as the Company's interim Chief Financial Officer, effective January 22, 2026. In connection with this appointment, Mr. Jabbour will continue in his roles as Chairman of the Board, President and Chief Executive Officer and will assume the duties of the Company's principal financial officer and principal accounting officer until his successor is appointed or until his earlier resignation or removal.
Mr. Jabbour, 51, was appointed as the Company's Chief Executive Officer in March 2018 and was named Chairman of the Board in March 2025. He has served as the Company's President since March 2016. Prior to that, he served as the Company's Executive Vice President, Chief Business Officer, General Counsel and Secretary beginning in October 2013 and as a member of the Board from April 2012 until November 2013. Mr. Jabbour is also a co-founder of the Company. Prior to joining the Company, he was the Executive Vice President and General Counsel of MediMedia USA from 2012 to October 2013, a privately held diversified healthcare services company. Prior to MediMedia, he was the Senior Vice President and Head of Global Legal Affairs of Wockhardt Limited (2008–2012), a global pharmaceutical and biotechnology company, and Senior Counsel and Assistant Secretary at Reliant (2004–2008). Earlier in his career, he held positions as Commercial Counsel at Alpharma, Inc. (2003–2004) and as a Corporate Associate at Lowenstein Sandler LLP (1999–2003). Mr. Jabbour earned his J.D. from Seton Hall University School of Law in New Jersey and a B.A. in Psychology from Loyola University in Baltimore.
The compensatory and other material terms of Mr. Jabbour's employment with the Company will remain unchanged in connection with the foregoing.