Melinta Therapeutics CEO Johnson Resigns, Successor Search Underway

After less than one year on the job, Melinta Therapeutics (NASDAQ: [[ticker:MLNT]]) CEO John Johnson has resigned “due to changes in the company’s circumstances and in order to pursue other opportunities,” the antibiotics developer announced Friday. He also stepped down from the Morristown, NJ-based company’s board of directors. Melinta said Johnson will serve as acting CEO for at least 30 days to help with the transition of his duties and the search for his successor. The board has asked Johnson to advise the company for the next six months. Johnson was appointed interim CEO of Melinta in October. In February, he was named the permanent CEO.

Author: Frank Vinluan

Xconomy Editor Frank Vinluan is a business journalist with experience covering technology and life sciences. Based in Raleigh, he was a staff writer at the Triangle Business Journal covering technology, biotechnology and energy before joining MedCityNews.com as North Carolina bureau chief. Prior to moving to North Carolina’s Research Triangle in 2007 he held business reporting positions at The Des Moines Register and The Seattle Times.