Former Abbott, Melinta Exec Steps into Head Seat at Aegerion

Mary Szela has been named the CEO of Cambridge, MA-based Aegerion Pharmaceuticals (NASDAQ: [[ticker:AEGR]]). Szela replaces Sandford Smith, who has been Aegerion’s interim CEO since Marc Beer resigned in July. She’s coming off a stint as CEO of Melinta Therapeutics, and spent more than a decade at Abbott Laboratories before that. Smith, meanwhile, will serve as Aegerion’s chairman going forward.

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.