Form 8-K · Current Report · Filed 2024-10-30
Biogen Announces Retirement of CFO Michael McDonnell and Appointment of New CFO Robin Kramer
Biogen Inc. announced on October 28, 2024, that Michael McDonnell, the current Chief Financial Officer (CFO), will retire on February 28, 2025. Robin Kramer, currently the Chief Accounting Officer, will succeed McDonnell as CFO upon his retirement. Kramer, who joined Biogen in 2018, has extensive experience in finance and accounting, including roles at Hertz Global Holdings, Fisher Scientific International, and The Gillette Company. She is also a licensed CPA and holds a B.S.B.A. in Accounting. The transition will be overseen by McDonnell in the coming months to ensure a smooth handover.
- Filer
- Biogen Inc. BIIB · NASDAQ
- Filed
- Accession
- 0001193125-24-247628
- CIK
- 0000875045
- Signal
- High impactHealthcare
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Regulation FD Disclosure
Financial Statements and Exhibits
Market reaction
Close before filing
$183.47
Next session
-5.2%
Since filing
+10.6%
Latest close
$202.95
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from BIIB reporting the same item, with the next session's move:
Exhibits (2)
About Biogen Inc.
Biogen Inc. is a globally recognized biotechnology company committed to discovering, developing, and delivering innovative therapies for neurological diseases. With a focus on serious medical conditions, Biogen creates therapies aimed at treating conditions like multiple sclerosis, Alzheimer's disease, and spinal muscular atrophy. The company invests heavily in research and development to pioneer treatments that improve patients' quality of life and addresses critical unmet medical needs. Biogen's influence spans various therapeutic areas in the healthcare sector, making notable strides in both neurodegenerative and rare diseases. The company's portfolio includes a range of biologics, gene therapy, and small molecule drugs, highlighting its strategic diversity. As a prominent player within the biopharmaceutical industry, Biogen collaborates with academic institutions, research organizations, and other biotech firms to enhance its research pipeline and bring new solutions to market. Biogen's role in the financial markets is underscored by its contributions to healthcare innovation and its impact on global health outcomes. Headquartered in Cambridge, Massachusetts, Biogen continues to leverage its scientific expertise and industry alliances to remain at the forefront of biotechnology, influencing both investors and the broader medical community.
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