Cassava Sciences Announces Leadership Changes; Rick Barry Appointed Executive Chairman And Principal Executive Officer; Remi Barbier Resigns As President, CEO, And Board Member; Company Initiates Search For New CEO
Portfolio Pulse from Benzinga Newsdesk
Cassava Sciences has announced significant leadership changes. Rick Barry has been appointed as the Executive Chairman and Principal Executive Officer, while Remi Barbier has resigned from his roles as President, CEO, and Board Member. The company has initiated a search for a new CEO.
July 17, 2024 | 12:04 pm
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Cassava Sciences has appointed Rick Barry as Executive Chairman and Principal Executive Officer following the resignation of Remi Barbier as President, CEO, and Board Member. The company is now searching for a new CEO.
Leadership changes can create uncertainty in the short term as investors assess the impact of the new executive team. The appointment of Rick Barry and the search for a new CEO may lead to a neutral short-term impact on the stock price as the market waits for further developments.
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