Biogen (NASDAQ: [[ticker:BIIB]]) has named Jeffrey Capello its new executive vice president and chief financial officer. Capello, a former Boston Scientific (NYSE: [[ticker:BSX]]), Ortho Clinical Diagnostics, and PerkinElmer (NYSE: [[ticker:PKI]]) executive, will start on December 11. Biogen has been searching for a CFO ever since Paul Clancy, who spent more than 16 years at the company, left in June to join Alexion Pharmaceuticals (NASDAQ: [[ticker:ALXN]]).
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.
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