Summary by Futu AI
bluebird bio announced the appointment of Michael Cloonan to its Board of Directors as a Class I director, effective June 20, 2024. The appointment was approved by the company's Board of Directors.As per the company's Non-Employee Director Compensation Policy, Cloonan will receive an annual retainer of $45,000 for his Board service. Additionally, he has been granted an initial equity award consisting of stock options to purchase 74,775 shares of common stock and 37,350 restricted stock units. Both the stock options and restricted stock units will vest equally over a three-year period in annual installments.