NexImmune, Inc. announced that on April 1, 2024, Timothy Stover, Vice President, Corporate Controller and the principal financial officer and principal accounting officer of the company, notified the Company of his intention to resign from all positions he holds at the Company, effective on April 16, 2024. NexImmune, Inc. announced on April 5, 2024, the Board of Directors of the company appointed Albert N. Marchio II as Interim Chief Financial Officer. Prior to the Transition Date, Mr. Marchio will serve as a consultant to the Company pursuant to the Consulting Agreement.

Mr. Marchio, age 71, has nearly 32 years of experience in the pharmaceutical industry. Mr. Marchio has served as a consultant for Danforth Advisors LLC (Danforth Advisors), a life science financial strategy consultancy since May 2019 and as Chief Financial Officer of Fresh Tracks Therapeutics, Inc. since December 2020. Prior to joining Danforth Advisors, Mr. Marchio served as the Interim Chief Financial Officer and Chief Accounting and Administrative Officer of Edge Therapeutics, Inc. (Edge") since March 2017, had served as its Chief Accounting and Administrative Officer from October 2016 through March 2017 and as its Chief Accounting and Operations Officer from March 2014 through October 2016.

Prior to March 2014, Mr. Marchio served as Edge's Chief Financial Officer from December 2011 through March 2014. Prior to joining Edge, Mr. Marchio was a Managing Operating Partner with Three Fields Capital, a multi-strategy healthcare focused investment firm and provided consulting services to life science companies through Rockabye Valley Consulting from January 2009 to May 2013. Previously, Mr. Marchio served as the Executive Vice President, Chief Financial Officer of Informed Medical Communications from February 2008 to October 2009, and as the Vice President, Treasurer of MedPointe Pharmaceuticals from 2006 to January 2008.

He began his career in life sciences as the Vice President, Treasurer of Alpharma, Inc. from 1992 to 2005. Mr. Marchio holds a B.A. in Economics from Muhlenberg College, an M.B.A. in Professional Accounting from Rutgers Graduate School of Business and a Post-M.B.A. Certificate in Taxation from Bernard Baruch College of the City University of New York.