Business
Add as a preferred source on GoogleChief Operating Officer Nicholas (Nik) Chetwyn, Ph.D., is scheduled to leave Nov. 2, with his duties shifting to other members of Erasca’s leadership team.
In an SEC filing, Erasca said its realignment is meant to keep RAS-targeting programs moving through development and toward possible commercialization, with Chief Operating Officer Nicholas (Nik) Chetwyn, Ph.D., scheduled to leave Nov. 2.
Erasca said the redistribution of COO responsibilities among its leadership team would streamline the company’s reporting structure.
About 25,000 of 461,000 GPUs were active as of Aug. 31; Microsoft and Anthropic accounted for about 85% of contract value.
U.S. Bancorp and M&T posted higher year-over-year lending measures, while Regions’ annualized charge-off rate fell 13 basis points.
Management is scheduled to discuss the results Thursday, Oct. 22, at 10 a.m. ET (14:00 UTC).
