MIT professor Robert Langer will bring his impressive resume to the board of Millipore Corp. (NYSE:MIL), replacing Daniel Bellus, who will step down in March, 200, after nearly 10 years on the company’s board.
The Billerica, Mass.-based lab equipment maker said Langer will become a member of its governance and public policy and technology committees.
Langer’s resume includes more than 750 issued patents, 1,050 articles, seats on the board of multiple start-ups and a 2006 National Medal of Science for his pioneering work in tissue regeneration and the use of polymers for the controlled release of medicines.
Langer will take over for Daniel Bellus, a Millipore director since 2000. The company said 71-year-old Bellus will officially retire from the board March 8, 2010, when his term expires.
Board members at Millipore earn an annual retainer of $60,000. Langer will receive an additional $16,000 per year for sitting on the two committees. And he’ll be entitled to an initial equity award of $70,000 worth of stock options, according to securities filings.