Oncolytics Biotech Chair Wayne Pisano To Serve As Interim CEO As Dr. Matt Coffey Looks To Take Medical Leave Of Absence
Portfolio Pulse from Benzinga Newsdesk
Oncolytics Biotech Inc. (NASDAQ:ONCY) announced that CEO Dr. Matt Coffey will take a medical leave of absence, with Wayne Pisano, Chair of the Board, stepping in as interim CEO. Pisano has extensive experience in the pharmaceutical and biotech industries, including leadership roles at Sanofi Pasteur and VaxInnate.
June 24, 2024 | 11:08 am
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Oncolytics Biotech's CEO Dr. Matt Coffey is taking a medical leave of absence, with Wayne Pisano stepping in as interim CEO. Pisano's extensive experience in the pharmaceutical and biotech industries is expected to provide stability during this transition.
The leadership change is significant but the appointment of an experienced interim CEO like Wayne Pisano should provide stability. Investors may view this as a neutral event in the short term, given Pisano's strong background.
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