Cerus shareholder Radoff urges vote withhold from CEO Greenman, compensation chair Lucena over dilution, losses

Cerus Corporation

CERS

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Cerus faces a shareholder protest at its June 2, 2026 annual meeting as investor Bradley L. Radoff plans to withhold votes.
Radoff targets Chair and CEO William Greenman, citing a 10-year total shareholder return of -50.8%.
He also plans to withhold support from director Ann Lucena, the compensation committee chair.
Radoff criticizes dilution, citing share count growth to 200,316,000 in March 2026 from 101,710,815 in March 2016.
He flags repeated proposals to expand equity issuance, citing 43.5% opposition in 2023 and 34.7% opposition in 2025.

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