CDT Equity appointed James Bligh as chief executive officer effective August 31, 2026, with an annual base salary of $600,000 and a target cash Bonus equal to 50% of base salary. Bligh will remain chief financial officer until a successor is named, while continuing on the board without additional compensation.

Key Highlights

  • James Bligh’s target annual cash performance bonus is 50% of base salary, based on Board-set performance criteria.
  • Bligh will serve on CDT Equity’s Board without additional compensation.
  • CDT Equity appointed James Bligh as chief executive officer effective August 31, 2026.

CDT Equity Inc. (NASDAQ: CDT) appointed James Bligh as chief executive officer effective August 31, 2026, adding the role to his continuing positions as chief financial officer and a member of the Board. Bligh will remain CFO until a successor is named. His employment agreement sets an annual base salary of $600,000.

Bligh Adds CEO Responsibilities

The appointment took effect immediately on August 31, 2026. Bligh will perform the chief executive officer role under an employment agreement entered into on the same date. Bligh will continue serving as a director. His Board service carries no additional compensation under the agreement. The agreement requires Bligh to devote his full working time and attention to CDT Equity’s Business affairs during his employment. His duties will be performed principally from the Cayman Islands, with travel outside the Cayman Islands required under reasonable business circumstances.

$600,000 Salary And Bonus Target

CDT Equity will pay Bligh an annual base salary of $600,000 through its customary Payroll procedures. The Board may periodically review and adjust that salary at its discretion. The agreement also provides eligibility for employee benefit plans generally available to other senior officers. Bligh’s compensation terms therefore combine fixed annual pay with a performance-based cash opportunity determined under Board-established criteria.

Notice And Termination Terms

The agreement refers to that amount as a Payment in Lieu of Notice. Receipt of the payment requires Bligh to execute and not revoke a separation agreement releasing claims in favor of CDT Equity, while continuing to meet specified obligations. CDT Equity may terminate the employment immediately for Cause without notice or a Payment in Lieu of Notice. Cause includes specified conduct such as fraud, embezzlement, dishonesty, certain criminal offenses, unauthorized use or disclosure of confidential information, gross negligence, insubordination, material misconduct, or continued failure to perform duties after written notice. The agreement also includes confidentiality, employee non-interference for one year after termination, cooperation and inventions-assignment provisions, and is governed by Cayman Islands law.