Repligen (RGEN) Promotes CCO, Shares Fall on Leadership Change

Repligen Corporation (RGEN) announced that it has promoted Olivier Loeillot, its current chief commercial officer (CCO), as its new president and chief executive officer (CEO), effective from Sep 1, 2024. The company's current CEO, Tony J. Hunt, will step down from his role and will transition to executive chair with effect from Sep 1, 2024. Shares of RGEN fell 11.9% on Jun 13 following the announcement of the news. Olivier Loeillot joined Repligen as president and CCO in October last year. Prior to joining ...