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Current DateTime: 06:43:49 25 Feb 2009
LinksList Documentid: 24355697

Current DateTime: 06:43:48 25 Feb 2009
LinksList Documentid: 24890560
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By: Reuters | 05 Feb 2009 | 05:25 PM ET
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Biotechnology company Vertex Pharmaceuticals [VRTX  Loading...      ()   ] said on Thursday its president, chief executive and founder, Joshua Boger, 57, will retire in May and named board member Matthew Emmens, also 57, as his replacement.

Emmens, nonexecutive chairman of Shire, will also assume the posts of CEO and chairman in May, the company said.

Vertex Chairman Charles Sanders will remain as lead director on the company's board. Boger will remain an active member of the board.

Copyright 2009 Reuters. Click for restrictions.
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