GeoVax board fires CEO David Dodd for refusing board directives
GOVX•GeoVax Labs terminated President and CEO David A. Dodd for cause on November 5, 2026, citing his refusal to comply with board-approved directives. Dodd remains a director and board chairman; the company does not intend to pay severance or accelerate his stock-option vesting, though a ruling against the for-cause determination could trigger both.
1. Termination and potential payments
GeoVax Labs' board terminated David A. Dodd as president and chief executive officer effective immediately on November 5, 2026, classifying the termination as for cause because he refused to comply with board-approved directives. Dodd remains a director and board chairman. The company does not intend to pay severance, including three times his then base salary and target annual bonus, or accelerate stock-option vesting; a ruling against the for-cause determination could trigger severance payments and full vesting.
