Zevra Therapeutics announces CFO R. LaDuane Clifton's resignation effective December 31, 2025, to pursue other opportunities.
Quiver AI Summary
Zevra Therapeutics, Inc. announced that R. LaDuane Clifton will step down as Chief Financial Officer effective December 31, 2025, to pursue other opportunities. CEO Neil F. McFarlane praised Clifton for his leadership since joining the company in 2015, noting his significant contributions to Zevra's growth and financial stability. Clifton expressed his pride in being part of the company's journey and confidence in its future success. Zevra is currently searching for a new CFO. The company continues to focus on developing therapies for rare diseases and emphasizes its commitment to addressing unmet medical needs in this area.
Potential Positives
- R. LaDuane Clifton has played a pivotal role in Zevra's transition from a development stage to a commercial-stage company, establishing a strong financial foundation for future growth.
- The CEO expressed gratitude for Clifton's leadership and dedication, indicating positive team dynamics and a supportive corporate culture.
- The company is proactively searching for a new CFO, demonstrating a commitment to leadership continuity and strategic planning.
Potential Negatives
- The announcement of the CFO's departure could raise concerns among investors about the company's leadership stability and the potential impact on its financial strategy during a critical phase of growth.
- The search for a new CFO may cause uncertainty regarding the continuity of financial oversight and strategy implementation, which could affect confidence in the company's financial performance.
- The press release highlights the need for an immediate search for a new CFO, which suggests a lack of succession planning that could be viewed negatively by stakeholders.
FAQ
Who is stepping down from Zevra Therapeutics?
R. LaDuane Clifton, the Chief Financial Officer and Treasurer, will step down effective December 31, 2025.
Why is R. LaDuane Clifton leaving Zevra Therapeutics?
Mr. Clifton is leaving to pursue other professional opportunities after providing leadership since 2015.
What impact did Clifton have on Zevra Therapeutics?
Clifton played a pivotal role in Zevra's transition to a commercial-stage company focused on rare diseases.
Is Zevra Therapeutics searching for a new CFO?
Yes, the Company has initiated a search to identify its next Chief Financial Officer.
What is Zevra Therapeutics' mission?
Zevra Therapeutics aims to address unmet needs in the treatment of rare diseases through innovative therapeutics.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ZVRA Insider Trading Activity
$ZVRA insiders have traded $ZVRA stock on the open market 5 times in the past 6 months. Of those trades, 3 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $ZVRA stock by insiders over the last 6 months:
- RAHSAAN THOMPSON (Chief Legal & Compliance) sold 24,000 shares for an estimated $221,004
- NEIL F. MCFARLANE (President and CEO) sold 19,500 shares for an estimated $210,908
- ALVIN SHIH purchased 20,000 shares for an estimated $157,800
- JOHN B BODE purchased 5,000 shares for an estimated $45,824
- TAMARA A FAVORITO purchased 3,175 shares for an estimated $24,718
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$ZVRA Hedge Fund Activity
We have seen 107 institutional investors add shares of $ZVRA stock to their portfolio, and 54 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- RUBRIC CAPITAL MANAGEMENT LP removed 1,958,318 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $18,623,604
- ADAGE CAPITAL PARTNERS GP, L.L.C. removed 1,943,000 shares (-46.6%) from their portfolio in Q3 2025, for an estimated $18,477,930
- ALTIUM CAPITAL MANAGEMENT LLC removed 1,287,333 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $12,242,536
- WOODLINE PARTNERS LP removed 1,139,533 shares (-24.7%) from their portfolio in Q3 2025, for an estimated $10,836,958
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 1,044,021 shares (+646.5%) to their portfolio in Q3 2025, for an estimated $9,928,639
- MARSHALL WACE, LLP added 912,299 shares (+inf%) to their portfolio in Q3 2025, for an estimated $8,675,963
- VELAN CAPITAL INVESTMENT MANAGEMENT LP removed 715,000 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $6,799,650
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$ZVRA Analyst Ratings
Wall Street analysts have issued reports on $ZVRA in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Canaccord Genuity issued a "Buy" rating on 11/06/2025
- JMP Securities issued a "Market Outperform" rating on 08/13/2025
- HC Wainwright & Co. issued a "Buy" rating on 07/02/2025
To track analyst ratings and price targets for $ZVRA, check out Quiver Quantitative's $ZVRA forecast page.
$ZVRA Price Targets
Multiple analysts have issued price targets for $ZVRA recently. We have seen 4 analysts offer price targets for $ZVRA in the last 6 months, with a median target of $24.0.
Here are some recent targets:
- Sumant Kulkarni from Canaccord Genuity set a target price of $24.0 on 11/06/2025
- Kristen Kluska from Cantor Fitzgerald set a target price of $24.0 on 11/06/2025
- Jason N. Butler from JMP Securities set a target price of $18.0 on 08/13/2025
- Brandon Folkes from HC Wainwright & Co. set a target price of $26.0 on 07/02/2025
Full Release
CELEBRATION, Fla., Nov. 20, 2025 (GLOBE NEWSWIRE) -- Zevra Therapeutics, Inc. (NasdaqGS: ZVRA) (Zevra or the Company), a commercial-stage company focused on providing therapies for people living with rare disease, announced today that its Chief Financial Officer and Treasurer, R. LaDuane Clifton, will be stepping down from his position with the Company, effective December 31, 2025, in order to pursue other professional opportunities.
"Since joining the Company in 2015, LaDuane has provided steady leadership and invaluable guidance, leaving a lasting impact on the Company," said Neil F. McFarlane, Zevra’s Chief Executive Officer and President. "He has played a pivotal role in our journey as we navigated our transition from development stage into a commercial-stage company focused on rare disease and leaves Zevra with a strong financial foundation to support the next phase of our growth. On a personal note, I want to thank LaDuane for his unwavering dedication and partnership over the years."
"It has been a great honor to be a part of the Zevra journey," said Mr. Clifton. "As I move on to my next endeavors, I am confident that the corporate foundation we have built will sustain and propel the Company into a bright future ahead."
The Company has initiated a search to identify its next chief financial officer.
About Zevra Therapeutics, Inc.
Zevra Therapeutics, Inc. is a commercial-stage company focused on addressing unmet needs for the treatment of rare diseases. Our mission is to bring life-changing therapeutics to people living with rare diseases. With unique, data-driven development and commercialization strategies, the Company is overcoming complex drug development challenges to make new therapies available to the rare disease community.
Expanded access programs are made available by Zevra Therapeutics, Inc. and its affiliates and are subject to the Company's Expanded Access Program (EAP) policy, as published on its website. Participation in these programs is subject to the laws and regulations of each jurisdiction under which each respective program is operated. Eligibility for participation in any such program is at the treating physician's discretion.
Cautionary Note Concerning Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding executive transitions and the timing thereof. Forward-looking statements are based on information currently available to Zevra and its current plans or expectations. They are subject to several known and unknown uncertainties, risks, and other important factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. These and other important factors are described in detail in the "Risk Factors" section of Zevra’s Annual Report on Form 10-K for the year ended December 31, 2024, filed on March 12, 2025, Quarterly Report on Form 10-Q for the three and nine months ended September 30, 2025, filed on November 5, 2025, as well as Zevra’s other filings with the Securities and Exchange Commission. While we may elect to update such forward-looking statements at some point in the future, except as required by law, we disclaim any obligation to do so, even if subsequent events cause our views to change. Although we believe the expectations reflected in such forward-looking statements are reasonable, we cannot assure that such expectations will prove correct. These forward-looking statements should not be relied upon as representing our views as of any date after the date of this press release.
Zevra Contact
Nichol Ochsner
+1 (732) 754-2545
[email protected]