Developing next generation treatments to preserve vision for patients with diseases affecting the back of the eye

Corporate governance

Oxurion has adopted a Corporate Governance Charter, based on the Belgian Corporate Governance Code. The purpose of the corporate governance rules is to ensure efficient and transparent management and effective control of the company. Our Board strongly believes that clear agreements on best practices may contribute to long-term value creation and to a proper balance between entrepreneurship and supervision. 

Board of Directors

Tom Graney

Chief Executive Officer / Chief Financial Officer

Tom Graney has extensive global finance and operational experience that spans corporate development, commercial strategy, portfolio management and supply chain management, communication and investor relations. He is the former Chief Financial Officer of Generation Bio, was Senior Vice President and Chief Financial Officer at Vertex Pharmaceuticals Inc. and Chief Financial Officer and Senior Vice President of Finance & Corporate Strategy at Ironwood Pharmaceuticals. Prior to Ironwood Pharmaceuticals, Tom spent 20 years working with Johnson and Johnson and its affiliates, including four years as worldwide vice president of finance and Chief Financial Officer of Ethicon. Tom is a Charted Financial Analyst and holds a B.S. in accounting from the University of Delaware and an M.B.A. in Marketing, Finance and International Business from the Leonard N. Stern School of Business at New York University. Tom is an independent director and member of the audit and compensation committees of AC Immune (Nasdaq: ASIU) and independent director and chair of the audit committee of Mogrify, a private biotechnology company.


Thomas Clay

Non-Executive, Independent Director

Thomas Clay is the Managing Member of Epacria Capital Partners, LLC, a single-family office managing public and private investments for members of the Clay family. He also serves as a Director of several private companies and of the Clay Mathematics Institute, Inc. Thomas is a graduate of Harvard College, Oxford University and Harvard Business School. Thomas replaced his father, Landon Clay, who led the first external investment into Oxurion and resigned from the Board of Directors in 2011.


Patrik De Haes, MD (MeRoNo BV),

Non-Executive Director, Chairman

Dr. Patrik De Haes, M.D., has over 25 years of experience in the global healthcare industry, covering product development, marketing and general management. Patrik joined Oxurion in 2008 and before taking up the role of Chairman of the Board of Directors, he was Oxurion’s CEO for 14 years. Prior to Oxurion, Patrik was head of Roche’s Global Insulin Infusion business, as well as President and CEO of Disetronic Medical Systems Inc., a medical device company based in Minneapolis, US. He also led the global development and commercialization of the first biotech product at Sandoz Pharma (now Novartis) in Switzerland. As past Chairman of FlandersBio, Patrik is an active member of the local and regional biotech and life sciences community in Belgium. Patrik holds a degree in Medicine from the University of Leuven.


David Guyer, MD

Non-Executive, Independent Director

David Guyer, MD, is a long-standing member of the US retina community and is currently the Co-founder, President, and CEO of EyeBio. David is also a Venture Partner at SV Health Investors and is Co-Founder and former CEO and Executive Chairman of IVERIC bio (formerly Ophthotech Corporation). He was previously the CEO of Ophthotech. Dr. Guyer is also on the board of directors of iStar Medical and Eye-Point Pharmaceuticals. He co-founded and served as CEO and as a director of Eyetech Pharmaceuticals, Inc., which he led through private, public and corporate financings. He also oversaw its rapid development and successful commercialization of Macugen® (pegaptanib sodium), the first FDA-approved anti-VEGF pharmacological treatment for treatment of wet AMD. Dr Guyer also had a successful career in academic medicine as Professor and Chairman of the Department of Ophthalmology at New York University School of Medicine. Dr Guyer received his Bachelor of Science (BSc) degree from Yale College summa cum laude and his medical degree (MD) from Johns Hopkins Medical School. He completed his ophthalmology residency at Wilmer Ophthalmological Institute at Johns Hopkins Hospital and a retinal fellowship at the Massachusetts Eye and Ear Infirmary at Harvard Medical School.


Adrienne Graves, PhD

Non-Executive, Independent Director

Dr. Adrienne Graves is a board member of multiple companies and organizations including IVERIC bio, Nicox, the American Society of Cataract and Refractive Surgery, the Glaucoma Research Foundation, and the Foundation Fighting Blindness. She was the president and chief executive officer of Santen Inc., the U.S. arm of Japan’s largest ophthalmic pharmaceutical company, Santen Pharmaceutical Co., Ltd. Before becoming the president and chief executive officer, she was the vice president of clinical affairs and senior vice president of worldwide clinical affairs for Japan, U.S. and Europe at Santen Inc. Prior to Santen Inc., Dr. Graves was the director of international ophthalmology at Alcon Laboratories, Inc. She was also the co-founder of Glaucoma 360 (Glaucoma Research Foundation) and Ophthalmic Women Leaders (OWL).

Dr. Graves received her bachelor’s degree in psychology with honors from Brown University, her Ph.D. from the University of Michigan in psychobiology and completed a postdoctoral fellowship in visual neuroscience from the University of Paris.


Baron Philippe Vlerick

Non-Executive, Independent Director

Philippe Vlerick is the owner, Chairman and CEO of several businesses in Belgium and abroad. He currently serves as the Chairman and Chief Executive Officer of Vlerick Group (Belgium), and as Chairman and CEO of UCO NV, Chairman of Pentahold, Chairman of Smartphoto Group and Chairman of the Festival Van Vlaanderen. Baron Vlerick is also Vice-chairman of KBC Group and is a member of the board of directors of Exmar, Besix Group, Mediahuis, BMT and L.V.D. (Belgium). Mr Vlerick holds a Degree in Philosophy and Law from the University of Leuven, and an MBA General Management degree (PUB) (Ghent, Vlerick School of Management – 1979). He also holds a master’s degree in Business Administration from Indiana University, Bloomington (US – 1980). In 2006, he was voted Manager of the Year by Trends, a leading business magazine in Belgium. He was granted the title of Baron in 2008 and became Commander of the Order of Leopold in 2013.


Emmanuèle Attout (Investea SRL)

Non-Executive, Independent Director

Emmanuèle Attout was an audit partner at PricewaterhouseCoopers from 1994 to 2014, overseeing audits of a range of clients including banks, insurance companies, investment funds and asset managers. In recent years she managed the audits of listed companies and pharmaceutical and life sciences companies, giving her substantial experience that she now brings to the Board and the Audit Committee.
Emmanuèle is an independent non-executive director and member of the audit committees of Atenor SA and Schréder SA. She is co-founder and since 2009 director of the NGO Women on Board. She is on the board of Toutes à l'école Belgique asbl. Emmanuèle graduated in Applied Economic Sciences from the Catholic University of Louvain.

Executive Committee

Our management team's expertise and experience in research, clinical development, commercialization and financing ensure Oxurion's long-term success. The Executive Committee, under the leadership of CEO Tom Graney, sets the company's vision and strategy and oversees the company's daily management. 


Click to view/download the Corporate Governance Charter I PDF document » Appendix 1 » Appendix 2 » Appendix 3 » Appendix 4 » Appendix 5 » 

Code of Business Conduct

Click here to read or download our Code of Business Conduct.

Belgian Corporate Governance Code

Click here to view the document

California Declaration of Compliance

Click here to view/download the PDF document

Articles of Association

Click here to view/download the Articles of Association (only available in Dutch)

Remuneration Policy 2021

Click here to view/download the Remuneration Policy 2021 of Oxurion 

Statutory Audit

Click here to view/download the ‘Request for proposal of external statutory Auditor mandate’ (in Dutch, English, French)



Transparency Rules

The Belgian Company Code and the company’s articles of association provide that each natural person or legal entity acquiring or transferring shares or other financial instruments of the company that entitle the holder thereof to voting rights, whether or not representing the company’s share capital (such as warrants or convertible bonds, if any), must, within two business days following the transaction, notify the company and the Financial Services and Markets Authority (“FSMA”) of the total number of voting financial instruments held by him each time where as a result of the acquisition or transfer the total number of voting financial instruments held by him after the transaction exceeds or falls below a threshold of 3%, 5%, 10%, or 15% (or every subsequent multiple of 5%) of the total number of voting financial instruments of the company at the moment of the transaction. If the number of voting financial instruments held by him is equal to or in excess of 20%, the notification must also contain a description of the policy in the framework of which the acquisition or transfer takes place, as well as how many voting financial instruments have been acquired over the last 12 months, and in which manner.

All persons acting individually must make the notification. It must also be made by affiliated persons or persons acting in concert with respect to the holding, acquisition, or transfer of voting financial instruments. In that event, the voting financial instruments of the affiliated persons or persons acting in concert must be combined for the purpose of determining whether a threshold is passed.

Persons that individually or jointly transfer or acquire the legal or factual control over a person holding 3% or more of the voting rights of the company must also notify this to the company and the FSMA.

The forms to make the aforementioned notifications, as well as further explanations can be found on the website of the FSMA ( Upon receipt of a disclosure notice, the company has a term of one business day to publish the notice in the official notices of Euronext Brussels. In addition, the company must disclose in its annual report an overview of its important shareholders based on the disclosure notices that it has received.

The FSMA and the commercial court can suspend voting rights attached to voting financial instruments that have not been disclosed in accordance with the foregoing provisions. In addition, the president of the commercial court can also order the sale of the financial instruments to a third party. In any event, shareholders cannot vote at shareholders’ meetings with more voting rights than they have notified in accordance with the above rules at least 20 days prior to a shareholders’ meeting.