NexGel Appoints Ian Blackman as New CFO and Details Employment Terms

NexGel, Inc. filed an 8-K report on April 27, 2026, announcing the appointment of Ian Blackman as Chief Financial Officer, effective immediately. Blackman, a 58-year-old CPA with over 30 years of financial leadership experience, succeeds Adam Drapczuk as interim CFO. The filing details Blackman's employment agreement, including a $250,000 annual base salary and eligibility for performance-based bonuses tied to EBITDA targets of $4-8 million. He received an initial stock option grant for 160,000 shares vesting over four years. The agreement includes severance provisions for termination without cause or for good reason, with benefits ranging from 3-12 months of salary continuation depending on timing. Former interim CFO Adam Drapczuk resigned but will continue providing financial consulting services. The company also issued a press release highlighting Blackman's experience in scaling businesses and his role in integrating the planned Celularity acquisition.