UPDATE: Savient Pharmaceuticals Announces Formation of Office of the President, CEO to Leave

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Savient Pharmaceuticals, Inc.
SVNT
announced today that it has formed an Office of the President, consisting of Richard Crowley, who will serve as Co-President and Chief Operating Officer, John P. Hamill, who will serve as Co-President and Chief Financial Officer, and Philip K. Yachmetz, who will serve as Co-President and Chief Business Officer. Savient also announced that Louis Ferrari, President, Chief Executive Officer, and Director, is leaving the Company to pursue other interests, effective immediately, and the Office of the President will succeed Mr. Ferrari in his executive role. The Board of Directors thanks Mr. Ferrari for his valuable contributions to the Company throughout his tenure and wishes him well in his future endeavors.
Posted In: NewsManagementPress Releases
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