The offer was withdrawn as objections were raised by DeSisto’s former employer Insulet, who said the new position would violate its non-competition agreement, which will be in effect until Sept. 17, 2016.
To fill the now empty spot, MannKind’s board tapped its CFO Matthew Pfeffer as the new chief exec, effective yesterday. Pfeffer will replace interim CEO Alfred Mann, who’s only held the spot since November.
“Matt has been a valuable member of the executive management of MannKind for many years and has been instrumental in managing our transition to a commercial stage operation. He understands the strategic and financial challenges that we face at this very important time for our company and has already begun to pursue a number of solutions,” MannKind lead director Kent Kresa said in a press release.
In addition, Pfeffer will fill a vacancy on the board that was slated to go to DeSisto, effective yesterday.
DeSisto served as prez and CEO of Insulet from 2003 to 2014, and held CFO and treasurer positions at the company prior to that. Before his time at Insulet, DeSisto worked at pulp and paper industry company PaperExchange.com, accessories wholesaler FGX International Holdings Limited and Zoll Medical.
Cogentix Medical to promote Hammer to COO
Cogentix Medical (NSDQ:CGNT) said today it tapped Darin Hammers as its new COO, who’s promotion went into effect Jan. 4. The company also announced its CFO and SVP Brett Reynolds will resign, effective Jan. 28.
Bioventus taps ex-Medtronic CEO Hawkins as manager board chair
Bioventus said today it appointed retired Medtronic (NYSE:MDT) CEO and chair Bill Hawkins as chair of the company’s board of managers. Hawkins will take the position from Dan Lemaitre, who has decided to leave the board.
Ocular Therapeutix picks Talamo as chief medical officer
Ocular Therapeutix (NSDQ:OCUL) said today it named ophthalmologist Dr. Jonathan Talamo as its new chief medical officer, adding that Dr. Talamo would aid in advancing their Dextenza therapeutic candidate and other pipeline developments.
Amazon seeks global healthcare leader
Amazon (NSDQ:AMZN) is looking for a new leader for its global healthcare biz, according to a job listing posted last month in the Seattle Times. The company said they are looking for someone to ‘redefine how healthcare companies procure the products and services they need and how manufacturers and sellers serve those customers.’
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