Ugh! More PAIN it would appear......
Biopure Announces Resignation of Chief Executive Officer
CAMBRIDGE, Mass., Feb. 24 /PRNewswire-FirstCall/ -- Biopure Corporation (Nasdaq: BPUR) today announced the resignation of Thomas A. Moore from his positions as President, Chief Executive Officer and a member of the Board of Directors, effective immediately. Moore, who joined the company in July 2002, is stepping down to pursue other interests. Francis H. Murphy, the company's Senior Vice President of Engineering and Process Technology and former Chief Financial Officer, is serving as interim CEO until Moore's replacement is named.
"I've enjoyed the challenges at Biopure, and my decision to leave was a difficult one," said Moore. "I remain a strong advocate for the important role Biopure's oxygen therapeutics can play in medicine."
Murphy has 40 years of experience in finance and accounting, manufacturing, engineering, and business planning and operations at Corning Incorporated, Costar Corporation, The Gillette Company, and The Boeing Company. Prior to joining Biopure in 1999, he had been International Vice President and business manager for Japan, Latin America and Asia Pacific for the Corning Science Products Division of Corning Incorporated. He holds an M.B.A. degree from Boston University and a B.S. degree in industrial engineering and a B.A. degree from Rutgers University. |
