logo
Share SHARE
FONT-SIZE Plus   Neg

Insmed Names Will Lewis President, CEO, Effective Immediately - Quick Facts

Insmed Inc. (INSM) said it appointed Will Lewis as president and chief executive officer, or CEO, effective immediately. Lewis has also been appointed to the company's Board of Directors. Lewis succeeds Tim Whitten, who has resigned as president and CEO and as a member of Insmed's Board of Directors.

Lewis has above 20 years of executive experience and a track record of success in the pharmaceutical and finance industries both in the U.S. and internationally. He is the former co-founder, president and chief financial officer of Aegerion Pharmaceuticals, Inc. (AEGR). During his tenure at Aegerion, he played a pivotal role in re-orienting the company's strategy to focus on orphan disease indications enabling Aegerion to go public in one of the best performing IPOs of 2010. Before joining Aegerion, he spent more than 10 years working in the U.S. and Europe in investment banking for JP Morgan, Robertson Stephens and Wells Fargo.

In addition, Insmed noted that Donald Hayden, Jr., who was appointed as executive chairman in May 2012, will return to his role as chairman, effective immediately.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
French car maker Renault SA reported Friday higher profit in its fiscal 2015, with strong growth in automotive profit and revenues. The company announced higher dividend. Looking ahead, for fiscal 2016, Renault expects to increase group revenues at constant exchange rates and improve group operating margin. Shares of Rolls-Royce Holdings Plc were gaining around 13 percent in the morning trading in London after the engine maker reported more-than doubled profit in its fiscal year 2015, with lower one-time items. Underlying earnings were hurt by weakness in Marine markets. Further, the company halved its dividends, and still expects lower revenues next year. German steel giant ThyssenKrupp AG reported a loss in its first quarter, compared to last year's profit as sales and orders were hurt by sharp deterioration in materials businesses. The company said its overall performance in the first quarter was within its full-year forecast corridor. Looking ahead, the company continues to expect higher net income and flat sales for fiscal 2016.
comments powered by Disqus
Follow RTT