Michelle Dipp will step down as the CEO of Waltham, MA-based OvaScience (NASDAQ: [[ticker:OVAS]]), the fertility company she helped found in 2011. On July 1, Dipp will become OvaScience’s executive chairman, while Harald Stock will take up her old position as CEO. She’ll help Stock “evolve the company’s corporate strategy and will focus on business development,” the company said in a statement. Here’s more in the Boston Business Journal, which had the news first.
Author: Ben Fidler
Ben is former Xconomy Deputy Editor, Biotechnology. He is a seasoned business journalist that comes to Xconomy after a nine-year stint at The Deal, where he covered corporate transactions in industries ranging from biotech to auto parts and gaming. Most recently, Ben was The Deal’s senior healthcare writer, focusing on acquisitions, venture financings, IPOs, partnerships and industry trends in the pharmaceutical, biotech, diagnostics and med tech spaces. Ben wrote features on creative biotech financing models, analyses of middle market and large cap buyouts, spin-offs and restructurings, and enterprise pieces on legal issues such as pay-for-delay agreements and the Affordable Care Act. Before switching to the healthcare beat, Ben was The Deal's senior bankruptcy reporter, covering the restructurings of the Texas Rangers, Phoenix Coyotes, GM, Delphi, Trump Entertainment Resorts and Blockbuster, among others. Ben has a bachelor’s degree in English from Binghamton University.
View all posts by Ben Fidler