Swiss pharma giant Roche (ROG: SIX) today announced that Dr John Reed head of Roche Pharma Research and Early Development (pRED) since 2013, has decided to leave Roche for personal reasons and will return to the USA effective April 2, 2018.
Dr William Pao, currently global head of the oncology discovery and translational area for pRED, has been appointed the new head of Roche pRED and will become a member of the enlarged corporate executive committee. He will be based in Basel and assume his new role on 2 April 2018.
Commenting on the appointment, Roche's chief executive Severin Schwan noted: "I am delighted with the appointment of one of our most distinguished scientific leaders, William Pao….Since joining Roche in 2014, William has been instrumental in the build-up of cancer immunotherapy and molecular targeted therapies….I am thankful to have had John Reed with Roche over the past five years, and for all his many valuable contributions. I wish John all the best for his future."
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