ALX Oncology Realigns Executive Leadership Team, Jason Lettmann Appointed As Chief Executive Officer
Portfolio Pulse from Happy Mohamed
ALX Oncology Holdings Inc. (NASDAQ:ALXO) has announced a realignment of its executive leadership team. Jason Lettmann, a member of the Board of Directors, will succeed Jaume Pons, Ph.D. as Chief Executive Officer, effective September 6, 2023. Dr. Pons will transition to the role of Chief Scientific Officer and remain President. The company is advancing its lead platform asset, evorpacept, to the later stages of clinical development.
September 06, 2023 | 12:17 pm
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NEUTRAL IMPACT
ALX Oncology's leadership change with Jason Lettmann becoming CEO and Jaume Pons transitioning to Chief Scientific Officer could potentially bring new strategic directions to the company. The advancement of evorpacept, the company's lead platform asset, could also impact the company's stock.
Leadership changes can often lead to shifts in company strategy, which could potentially impact the company's stock. The advancement of the company's lead platform asset, evorpacept, is also a significant development that could influence the company's stock price.
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