CHRS - Coherus BioSciences Announces CFO Transition Plans | Benzinga
REDWOOD CITY, Calif., Dec. 07, 2023 (GLOBE NEWSWIRE) -- Coherus BioSciences, Inc. ((Coherus, NASDAQ:CHRS), today announced that McDavid Stilwell, Chief Financial Officer (CFO), has resigned from the company to pursue other opportunities. Mr. Stilwell's last day of employment with Coherus will be December 31, 2023, with ongoing service provided beyond that date by mutual agreement. Coherus will appoint a new interim Principal Financial Officer in late December 2023 or early January 2024 while it conducts a search for a new Chief Financial Officer and Principal Financial Officer.
"McDavid has been a strategic partner and a valuable member of our management team during these last three years of rapid product portfolio growth at Coherus," said Denny Lanfear, Chairman and Chief Executive Officer of Coherus. "During McDavid's tenure, the finance and accounting department at Coherus grew and developed to support the breadth of the company's product portfolio. The fundamental strength of Coherus' finance function positions us well to achieve the goals set for 2024 and beyond. We plan to conduct an expeditious search to fill the CFO position and look forward to announcing the outcome of that search when ready."
"It has been a privilege to work with Denny and the Coherus team during this period of growth and strategic transformation. Coherus is well positioned to create significant shareholder value in the years ahead, with multiple new product launches expected to generate strong topline growth, and as it realizes the full potential of its immuno-oncology pipeline," said Mr. Stilwell.
About Coherus BioSciences
Coherus is a commercial-stage biopharmaceutical company focused on the ...