Monday, November 16, 2009

Trubion Pharmaceuticals Shakes Up Execs

Seattle-based Trubion Pharmaceuticals is in the midst of an executive shakeup, saying Monday that Peter Thompson, the firm's Co-founder, President, CEO, and Chairman, has retired to "pursue other interests." The firm said that Steven Gillis of ARCH Venture Partners, and a director on the firm's board, is now Executive Chairman of the Board and Acting President. The firm also said that Michael Burris, formerly SVP and CFO, will become Chief Operating Officer, with John Bencich, Senior Director of Finance and Accounting and the firm now becoming VP and CFO.