Biogen announces management change
Company's CFO leaves to join another biopharma company.
Biogen has announced that Paul Clancy, Executive Vice President, Finance & Chief Financial Officer (CFO) will leave the organization to join another biopharmaceutical company. Mr Clancy will remain at the Company through the second quarter and assist with the transition.
“I want to thank Paul for his more than s16 years of distinguished service to Biogen, and especially for his last 10 years as our CFO,” stated Michel Vounatsos, Biogen’s CEO. “Paul helped transform Biogen into the global biotechnology leader it is today and helped to prepare us for the bright future we believe lies ahead.”
Paul Clancy commented: “I am fortunate to have worked in such a remarkable organization and am pleased to have been a part of Biogen’s success. Biogen has a rich portfolio of products and pipeline and can look forward to even greater success under Michel’s leadership.”
The company also announced that Greg Covino, Biogen’s Chief Accounting Officer, will serve as the company’s interim Principal Financial Officer as the company conducts a search for a new CFO.
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