Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Resignation of Chief Financial Officer

On May 30, 2022, Fred Driscoll, the Chief Financial Officer and Corporate Secretary of Renovacor, Inc. (the "Company"), notified the Company of his decision to resign effective as of June 17, 2022 (the "Effective Date"). Mr. Driscoll resigned for personal reasons and not as a result of any disagreement with the Company or its independent registered public accountants on any matter relating to the Company's financial or accounting operations, policies or practices.

Appointment of Chief Financial Officer and Principal Financial Officer

On June 2, 2022, the Board of Directors (the "Board") of the Company appointed Wendy DiCicco, the Company's former Interim Chief Financial Officer, as Chief Financial Officer, effective as of the Effective Date. Ms. DiCicco will assume the duties of the principal financial officer of the Company as of the Effective Date.

Ms. DiCicco served as the Company's Interim Chief Financial Officer from September 2019 to March 2022, after which she continued to serve in a consulting capacity. In addition, since November 2018 she has served as an executive board advisory consultant for Board Advantage, LLC, a provider of advisory services to senior executive teams and boards of directors. Prior to this time, she was the Chief Operating and Financial Officer of Centinel Spine from August 2017 to October 2018, a privately held company focused on spinal reconstruction. She previously served as President and Chief Operating Officer of Camber Spine Technologies, a privately held developer and distributor of spinal implants, from November 2014 to July 2017, and has held Chief Financial Officer roles at Nuron Biotech, Quench USA, Globus Medical and Kensey Nash Corporation. Ms. DiCicco has served on the boards of directors of SWK Holdings (NASDAQ: SWKH) since February 2022, Sincerus Pharmaceuticals since July 2021, Imvax, Inc. since July 2020, ExpressCells since March 2020 and EyePoint Pharmaceuticals since July 2019 (NASDAQ: EYPT). She previously served on the boards of directors of II-VI, Inc. (NASDAQ: II-VI) from 2006 until August 2017 as well as the boards of CannaPharma Rx (OTC: CPMD) and Syncardia Systems. Ms. DiCicco received a B.S. in accounting from Philadelphia College of Textiles and Science and is a licensed CPA.

There are no arrangements or understandings between Ms. DiCicco and any other persons pursuant to which Ms. DiCicco was appointed as Chief Financial Officer of the Company. In addition, there are no family relationships between Ms. DiCicco and any director or executive officer of the Company, and there are no transactions involving Ms. DiCicco requiring disclosure under Item 404(a) of Regulation S-K.

The terms of Ms. DiCicco's compensation in connection with her appointment as Chief Financial Officer are still being finalized and are therefore not yet available for disclosure hereunder. The Company will disclose any required compensation terms in a subsequent filing to be made by the Company under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), when such terms are finalized.

Appointment of Chief Accounting Officer and Principal Accounting Officer

On June 2, 2022, the Board appointed Joseph Carroll, the Company's current Vice President, Finance, as Chief Accounting Officer and Corporate Secretary, effective as of the Effective Date. Mr. Carroll will assume the duties of the principal accounting officer of the Company as of the Effective Date.

Mr. Carroll has served as the Company's Vice President, Finance since June 2021. Prior to joining the Company, he served in a variety of roles at Idera Pharmaceuticals (NASDAQ: IDRA), including as Associate Director, Finance, and Manager of Financial Compliance and Reporting, from June 2017 to June 2021. He previously served in a financial reporting role at Fibrocell Science, a cell and gene therapy company, from August 2015 to June 2017 where he assisted the company with its public financial reporting obligations. Prior to this time, Mr. Carroll served as Manager at RSM US LLP (formerly known as McGladrey LLP) from January 2008 to August 2015 where he provided assurance-related services and managed financial and operational engagements. Mr. Carroll obtained his B.S. in accounting and business management from West Chester University of Pennsylvania and is a licensed CPA.

There are no arrangements or understandings between Mr. Carroll and any other persons pursuant to which Mr. Carroll was appointed as Chief Accounting Officer and Corporate Secretary of the Company. In addition, there are no family relationships between Mr. Carroll and any director or executive officer of the Company, and there are no transactions involving Mr. Carroll requiring disclosure under Item 404(a) of Regulation S-K.

The terms of Mr. Carroll's compensation in connection with his appointment as Chief Accounting Officer and Corporate Secretary are still being finalized and are therefore not yet available for disclosure hereunder. The Company will disclose any required compensation terms in a subsequent filing to be made by the Company under the Exchange Act when such terms are finalized.

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