8-KLeadership Changes

REGENERON PHARMACEUTICALS, INC. 8-K Report, Executive Changes (Dec 22, 2014)

Filed December 22, 2014For Securities:REGN

Summary

Regeneron Pharmaceuticals, Inc. (REGN) filed a Form 8-K on December 22, 2014, to report a significant organizational change. The company announced that Murray A. Goldberg, Senior Vice President of Administration and Assistant Secretary, will transition from his full-time officer role effective March 31, 2015. He will then move to a part-time employment arrangement with the company starting April 1, 2015. This transition marks the end of Mr. Goldberg's tenure as a full-time officer, though his continued involvement in a part-time capacity suggests his expertise remains valued. Investors should note Mr. Goldberg's prior long-standing role as Chief Financial Officer from March 1995 to October 2013, highlighting his deep institutional knowledge. His compensation in the part-time role will be based on hours worked, indicating a more flexible engagement model.

Key Highlights

  • 1Murray A. Goldberg, Senior Vice President, Administration and Assistant Secretary, will resign as an officer effective March 31, 2015.
  • 2Mr. Goldberg will transition to a part-time employment role with Regeneron starting April 1, 2015.
  • 3This change reflects a shift in Mr. Goldberg's responsibilities, not a complete departure from the company.
  • 4Mr. Goldberg previously served as Chief Financial Officer from March 1995 to October 2013.
  • 5His part-time compensation will be determined by the number of hours he works.
  • 6The filing is dated December 22, 2014, with the earliest event reported on December 19, 2014.

Frequently Asked Questions

The transition signifies a change in Mr. Goldberg's role from a full-time officer to a part-time employee. This indicates a planned succession or adjustment in leadership structure, while retaining his valuable experience and knowledge within the company.

Yes, Mr. Goldberg will continue to be involved with Regeneron in a part-time capacity starting April 1, 2015. His compensation will be based on hours worked, suggesting he will contribute to specific projects or areas where his expertise is needed.

Prior to his current role as Senior Vice President, Administration and Assistant Secretary, Mr. Goldberg held the position of Chief Financial Officer from March 1995 to October 2013, indicating a long history and deep understanding of the company's financial and operational aspects.

In his part-time role, Mr. Goldberg's cash compensation will be based on the number of hours he works, reflecting a flexible employment arrangement.