BioCentury
ARTICLE | Management Tracks

Magargee named CEO of Genentech

Plus: Garay steps down Moderna’s head of commercial and updates from MaxCyte, Aiolos, Corsair, BioXcel and more

December 13, 2023 1:25 AM UTC

Ashley Magargee, who has been ad interim CEO of Genentech Inc. since Alexander Hardy left the company on Nov. 1, will become CEO on Jan. 1, 2024 and join the leadership team of parent company Roche (SIX:ROG; OTCQX:RHHBY). Magargee joined Genentech in 2004 and has since held senior management roles at both Genentech and Roche in lifecycle management, digital customer experience and market access as well as serving as general manager in Singapore. She was most recently head of Genentech’s commercial portfolio.

CEO Stéphane Bancel will take over responsibility for sales and marketing at  Moderna Inc. (NASDAQ:MRNA) after Arpa Garay stepped down as chief commercial officer. President Stephen Hoge will assume responsibility for pipeline commercial strategy and medical affairs. Garay, who has been in the role less than two years, will depart the company in June 2024...