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News 2026-10-14 10:15 UTC

BRIEF — Verastem's Daniel Paterson To Retire As President And CEO, Will Remain As Advisor And Board Member

Oct 14 (Reuters) — Verastem Inc: Verastem Oncology Announces Planned Chief Executive Officer Transition And Succession Plan Verastem - Daniel Paterson To Retire As President And Ceo, Will Remain As Advisor And Board Member Verastem - Appoints Michael P. Bailey As President And Ceo Effective January 1, 2027 Source text

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News 2026-10-14 10:05 UTC

Verastem appoints Michael P. Bailey CEO effective Jan. 1, 2027

Verastem named Michael P. Bailey president and CEO, effective Jan. 1, 2027, succeeding Daniel Paterson, who will retire. Bailey has served on Verastem’s board since May 2026; he previously ran AVEO Pharmaceuticals as president and CEO from 2015. Paterson will remain an advisor and continue as a board member. Disclaimer

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BRIEF — Verastem's Daniel Paterson To Retire As President And CEO, Will Remain As Advisor And Board Member

Verastem appoints Michael P. Bailey CEO effective Jan. 1, 2027