1. Pink Sheet

Quick BIO CEO Departure Raises Questions About Direction For Next Leadership Pick

 
• By Sarah Karlin-Smith

Michelle McMurry-Heath brought a science and regulatory background to the top post of the industry trade group in contrast to the political and lobbying focused careers of her predecessors. Her eventual successor may offer hints as to whether BIO thought that was a successful leadership strategy.

wooden blocks with people
New leadership search offers BIO a chance to once again decide on the type of leader the trade groups wants at the top. • Source: Shutterstock

The Biotechnology Innovation Organization may need to do some soul searching as it commences its search for a new CEO following the resignation of Michelle McMurry-Heath after less than two and half years at the helm of the trade organization which represents a wide variety of biotech and pharmaceutical companies.

McMurry-Heath’s resignation late on 10 October followed media reports just days earlier that she was on leave following disagreements with...

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