Inexperienced Biotech CEOs Impact Investor Confidence – Analyst Research
Executive Summary
Median tenure of large cap US biotech CEOs has decreased from 11 years in 2007 to one year in 2017, Leerink analyst Geoffrey Porges determined in an analysis of seven biotechs over 15 years.
You may also be interested in...
Alexion CEO Hantson Tasked With Kicking Growth Momentum Into Gear
The rare disease specialist’s new CEO is former Baxalta CEO Ludwig Hantson, who takes over the helm immediately after a leadership shakeup coinciding with an audit investigation.
Biogen CEO Pick Vounatsos Suggests A Return To Commercial Focus
Biogen’s Chief Commercial Officer Michel Vounatsos will succeed CEO George Scangos effective Jan. 6. The appointment of the longtime Merck executive appears to suggest a renewed emphasis on the commercial landscape for a big biotech that has recently played up R&D.
Celgene's New Regime: Hugin And Alles Discuss Handing Over The Reins
Mark Alles has been in his first pharma chief executive role for six weeks, after stepping into former Celgene Corp. leader Bob Hugin's shoes in March. While Alles has been with the company for 12 years and in the pharma industry for three decades he brings new skills to the top spot at Celgene and a keen eye for keeping science at the fore of his corporate decision making.