Coronado Biosciences (NASDAQ:CNDO) has effected a top-level leadership change. The company announced it has appointed Lindsay Rosenwald as its new chairman, president, and CEO, effective yesterday. He replaces outgoing Chairman and CEO Harlan Weisman.
Rosenwald is not a stranger to the company, having served on its board of directors since 2009. Previous to being tapped to lead the firm, he was a partner and co-portfolio manager of health care-focused asset management firm Opus Point Partners. Prior to that, he was chairman of investment company Paramount BioCapital from 1991 to 2008.
Rosenwald was not the only new hire announced by the company. Coronado has also drafted his Opus co-founder and fellow portfolio manager Michael Weiss to serve on the board as vice-chairman.
Fool contributor Eric Volkman has no position in Coronado Biosciences. Nor does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.