Aerie Pharmaceuticals Announces Appointment of Charlene E. Davis, Esq., as Vice President and Chief Compliance Officer

Aerie Pharmaceuticals, Inc. an ophthalmic pharmaceutical company focused on the discovery, development and commercialization of first-in-class therapies for the treatment of patients with open-angle glaucoma, retinal diseases and other diseases of the eye today announced the appointment of Charlene E. Davis, Esq., as Vice President and Chief Compliance Officer, reporting to John LaRocca, Aerie’s General Counsel. Ms. Davis will oversee the world wide compliance and data privacy functions for the Company. She most recently held a related position at Sun Pharmaceutical Industries, Inc.

In connection with her acceptance of the position as Vice President and Chief Compliance Officer, Ms. Davis will receive awards totaling 50,060 stock options that will vest over 4 years, with 25% vesting on the first anniversary of the hire date and the remainder vesting ratably on each of the subsequent 36 monthly anniversaries of the hire date. This award was made outside of Aerie’s stockholder-approved equity incentive plan and was approved by the Company’s independent directors as an inducement material to Ms. Davis entering into employment with the Company in reliance on NASDAQ Listing Rule 5635(c)(4), which requires this public announcement. – Business Wire