About

Paul Lytle has served as Actuate Therapeutics' Chief Financial Officer since June 1, 2024, after serving as Interim Chief Financial Officer from February 2024. He brings over 30 years of finance and accounting experience and more than 25 years serving Nasdaq-listed biotechnology companies. He served as Chief Financial Officer of Avid Bioservices, Inc. (formerly Peregrine Pharmaceuticals) for more than 18 years between 1997 and 2018, where he raised over $500 million across equity and debt offerings and helped build a biologics contract-manufacturing business. He is a co-founder and CFO of Thendor Therapeutics, LLC (since September 2023) and a co-founder, director and former EVP/CFO of Mosaic ImmunoEngineering, Inc., and earlier served as EVP and CFO of Breathe Technologies, Inc. (acquired by Hillrom Holdings in 2019). Mr. Lytle received a B.S. in Business with an emphasis in Accounting from California State University, Long Beach, and is a Certified Public Accountant (inactive).

Roles

Actuate Therapeutics, Inc.
Chief Financial Officer · Current role
June 2024–present
Actuate Therapeutics, Inc.
Chief Financial Officer (Interim from Feb 2024)
2024 - present
Thendor Therapeutics, LLC
Co-Founder & Chief Financial Officer
2023 - present
Mosaic ImmunoEngineering, Inc.
Director & EVP, Chief Financial Officer
2020 - 2025
Breathe Technologies, Inc.
EVP, Chief Financial Officer
2018 - 2019
Avid Bioservices, Inc.
Chief Financial Officer
1997 - 2018

Fixed Compensation

FY 2025
Salary
$435,363
ComponentAnnual base salary earned in 2025
Total compensation
$1,006,361

Performance Compensation

Data from FY 2025

Cash incentive

Bonus
$79,062
Target Opportunity
PlanDiscretionary annual cash bonus

Stock awards

Option awards
$491,936
FormStock options, ASC 718 grant-date fair value

Also at Actuate Therapeutics, Inc.

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