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Epizyme Announces Updates to Its Board of Directors
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary
Epizyme, Inc. has announced the appointment of two new members to its Board of Directors: Roy A. Beveridge, M.D., a clinical oncology executive, and Carol Stuckley, M.B.A., a seasoned pharmaceutical and financial leader. Beveridge brings over 30 years of experience in oncology and healthcare policy, while Stuckley offers 25 years of financial expertise from Pfizer. The company also announced the resignation of Andrew R. Allen, M.D., Ph.D., effective November 16, 2021. The leadership changes aim to enhance Epizyme's focus on epigenetic therapies and support its growth trajectory.
Positive
Addition of experienced members Roy A. Beveridge and Carol Stuckley to the Board, enhancing leadership.
Beveridge's oncology expertise and insights into healthcare policy are expected to solidify Epizyme's market position.
Stuckley's extensive financial background at Pfizer may accelerate commercial activities.
Negative
Resignation of Andrew R. Allen raises concerns about continuity in leadership.
CAMBRIDGE, Mass.--(BUSINESS WIRE)--
Epizyme, Inc. (Nasdaq: EPZM), a fully integrated, commercial-stage biopharmaceutical company developing and delivering novel epigenetic therapies, today announced two appointments to the Company’s Board of Directors: clinical oncology executive, Roy A. Beveridge, M.D., and international pharmaceutical and financial executive, Carol Stuckley, M.B.A. The Company today also announced that Andrew R. Allen, M.D., Ph.D., who has served on the Company's Board of Directors since June 2014, has resigned from this position, also effective November 16, 2021.
“We are delighted to welcome Roy and Carol to our Board of Directors as we broaden our portfolio and solidify our leadership in epigenetic therapies,” said Grant Bogle, President and Chief Executive Officer of Epizyme. “Roy’s broad experience as a practicing clinical oncologist and researcher, coupled with his executive leadership roles as Chief Medical Officer for both Humana Inc. and US Oncology, Inc., brings crucial payer and provider insights to Epizyme as we deepen our focus on supporting physicians in delivering optimal care to the patients and communities they serve. Carol’s 25+ years of executive leadership in the healthcare industry, including more than 22 years at Pfizer, coupled with her multinational finance and accounting expertise, make her an ideal director to serve on the Epizyme Board as our commercial activities accelerate. We also want to recognize and thank Andrew for his many contributions over his years of service, helping us transition Epizyme to a fully integrated biopharmaceutical company during his seven years on our Board.”
Roy A. Beveridge, M.D., is a medical oncologist who has been in practice for more than 30 years during which time he has treated hundreds of lymphoma and myeloma patients. He has led large integrated provider networks and has deep expertise in healthcare policy and reimbursement. Previously, Dr. Beveridge served as Humana Inc.’s Chief Medical Officer, where he led clinical policy, population health and clinical quality initiatives. Prior to this Dr. Beveridge held a similar role for US Oncology, which was acquired by McKesson Specialty Health, where he focused on research, quality, data science, clinical pathways and payer initiatives. Much of his recent work has focused on social determinants of health and improving the health of underserved populations. He has published more than 200 papers in various professional and scientific journals. Dr. Beveridge is currently a Strategy and Policy Consultant at Avalere Health, a healthcare consulting firm, and his additional professional experiences include working as a Consultant to Humana and serving as Interim President of Conviva Physician Group, a wholly-owned subsidiary of Humana. Dr. Beveridge holds a B.A. in Biology from the Johns Hopkins University and an M.D. from Cornell University. He also received internal medicine training at the University of Chicago and completed an oncology fellowship at Johns Hopkins University.
Carol Stuckley, M.B.A., is a finance executive with significant experience leading the financial aspects of large global healthcare companies. Ms. Stuckley spent more than 22 years at Pfizer, Inc. in a variety of global financial roles of increasing responsibility, most recently as Vice President, Assistant Treasurer, and Corporate Officer. She currently serves on the Board of Directors of Centessa Pharmaceuticals plc, a publicly traded clinical-stage pharmaceutical company, and previously served on the Board of Directors of Ipsen S.A., a publicly traded, French pharmaceutical company. Ms. Stuckley recently served as the Chief Financial Officer and Senior Vice President at Healthcare Payment Specialists, LLC (acquired by TransUnion), and as Vice President, Finance North America at Galderma Laboratories, L.P. (acquired by Nestle Skin Health). Ms. Stuckley earned a B.A. in Economics and French from the University of Delaware, as well as an M.B.A. in International Business and Finance and an M.A. in Economics from the Fox Business School at Temple University.
“As Epizyme launches into its next phase of growth, the addition of Roy and Carol and their distinguished and complementary skillsets will help us further strengthen and diversify our Board,” said David M. Mott, Chairman of the Board of Directors of Epizyme. “I look forward to working alongside them as Epizyme seeks to fulfill its vision of developing transformative epigenetic medicines for people living with cancer. I would also like to thank Andrew for his dedication and commitment to Epizyme over the last seven years. His input and guidance to the Company have been invaluable, and we wish him well.”
About Epizyme, Inc. Epizyme, Inc. is a fully integrated, commercial-stage biopharmaceutical company committed to its mission of rewriting treatment for cancer through novel epigenetic medicines. The Company is focused on creating medicines that are targeted at specific causes of diseases, that are orally administered, tolerable, easy to take and based on a deep understanding of the patients that may benefit from them. The Company aspires to change the standard-of-care for patients and physicians by developing medicines with fundamentally new mechanisms of action. For more information, visit www.epizyme.com.
Who are the new members appointed to Epizyme's Board of Directors?
The new members are Roy A. Beveridge, M.D., and Carol Stuckley, M.B.A.
What is the experience of Roy A. Beveridge?
Roy A. Beveridge has over 30 years of experience in oncology and healthcare policy, previously serving as Chief Medical Officer for Humana Inc. and US Oncology.
What is Carol Stuckley's background?
Carol Stuckley has over 25 years of experience in financial roles in the healthcare industry, including 22 years at Pfizer.
Why did Andrew R. Allen resign from Epizyme's Board?
Andrew R. Allen resigned to allow for new leadership as the company enters its next growth phase.
How might these changes impact Epizyme's future?
The board changes aim to enhance strategic direction and operational effectiveness, potentially strengthening Epizyme's position in epigenetic therapies.
