Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Appointment of Principal Accounting Officer
On January 6, 2020, Melanie Hansen, the Accounting Manager of Valeritas
Holdings, Inc. (the "Company"), was promoted to Interim Corporate Controller,
effective January 13, 2020. In connection with her promotion, the Company's
board of directors also appointed Ms. Hansen as the Company's Treasurer and
Principal Accounting Officer, effective January 13, 2020.
Prior to her promotion, Ms. Hansen, age 33, served as the Company's Accounting
Manager since December 2018 and as Senior Accountant from June 2017 to November
2018. Earlier in her career, Ms. Hansen served as Senior Accountant for Fortress
Biotech, Inc. from November 2016 through June 2017 and as Senior Accountant for
Athena Health Care Systems from July 2015 through September 2016. Prior to that,
Ms. Hansen served as Staff Accountant for Scott A. Goffstein & Associates, LLP,
from May 2013 through June 2015. Ms. Hansen holds a Bachelor of Science in
Business Administration (accounting concentration) from Fitchburg State
University.
There are no arrangements or understandings between Ms. Hansen and any other
persons in connection with Ms. Hansen's appointment as principal accounting
officer. There are also no family relationships between Ms. Hansen and any
director or executive officer of the Company and Ms. Hansen has no direct or
indirect interest in any transaction or proposed transaction required to be
disclosed pursuant to Item 404(a) of Regulation S-K.
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