Rallybio Appoints Stephen Uden As CEO, Effective August 1, 2023; Martin Mackay To Become Executive Chairman
Portfolio Pulse from Benzinga Newsdesk
Rallybio has announced the appointment of Stephen Uden as CEO, effective from August 1, 2023. Uden will also join Rallybio's Board of Directors. Martin Mackay, the current CEO, will become the Executive Chairman.
June 29, 2023 | 11:06 am
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NEUTRAL IMPACT
Rallybio's leadership change, with Stephen Uden becoming CEO and Martin Mackay becoming Executive Chairman, may impact the company's strategic direction and potentially its stock price.
Leadership changes can often lead to shifts in company strategy, which may impact investor sentiment and the company's stock price. However, the exact impact will depend on how the market perceives these changes.
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