Specialty pharmaceutical company Noven Pharmaceuticals, Inc announces changes to its board of directors and senior management team with its President Robert C. Strauss, to retire.
Having led Noven for the past ten years, Robert C. Strauss has announced his retirement from the roles of President, Chief Executive Officer, director and Chairman of Noven.
Mr. Strauss will remain available to the company and the board of directors to facilitate an orderly transition of the company’s leadership, Noven said.
Senior roles, board changes
As part of the changes, Noven has separated the offices of Chairman of the Board and Chief Executive Officer, and has appointed Wayne P. Yetter, currently Noven’s lead independent director, as the company’s non-executive Chairman of the Board, effective today.
In a statement, Noven said that it has been working closely with a national executive recruiting firm to fill the role of Chief Executive Officer.
Mr. Yetter who has been a Noven director since 2001 said that the board expects to complete the search process and appoint a permanent CEO in the near future.
January 03, 2008
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