Schrodinger, Inc. 8-K

What Happened
Schrödinger, Inc. announced on May 18, 2026 that Mannix Aklian ceased serving as Chief Commercial Officer, Global Head of Software Sales and Marketing, effective immediately. The company said Paul Davie, its former Executive Vice President, Sales, will return as interim Chief Commercial Officer, Global Head of Software Sales and Marketing while a search for a permanent replacement is conducted. In the same filing (Regulation FD disclosure), Schrödinger reaffirmed the full‑year and second quarter 2026 financial and operational guidance it provided in its May 5, 2026 earnings/press release.

Key Details

• Effective date of change: May 18, 2026 — Mannix Aklian ceased CCO duties.
• Interim appointment: Paul Davie returns as interim Chief Commercial Officer, Global Head of Software Sales and Marketing.
• Guidance reaffirmed: Full‑year 2026 and Q2 2026 financial/operational guidance as provided in the May 5, 2026 press release (Exhibit 99.1 to the May 5 8‑K).
• The company is conducting a search for a permanent replacement for the CCO role.

Why It Matters
A change in the head of commercial and software sales is material for investors because that role directly affects sales execution, customer relationships, and revenue growth for the software business. Appointing a former senior sales executive as interim CCO suggests management seeks continuity while searching for a permanent leader. Reaffirming FY and Q2 2026 guidance signals the company’s continued confidence in its near‑term financial outlook; the filing does not report new earnings or revised financial results.