ARIAD Pharma Elects Alexander Denner As Chairman - Quick Facts

(RTTNews) - ARIAD Pharmaceuticals Inc. (ARIA) announced the election of Alexander Denner, Ph.D., as chairman of its board of directors in a unanimous vote effective January 8, 2016. Dr. Denner joined the ARIAD Board of Directors in February 2014 and most recently led the Board's search committee to select the Company's new CEO Paris Panayiotopoulos.

Denner is the Chief Investment Officer and founding partner of Sarissa Capital Management which focuses on improving the strategies of companies to better provide shareholder value. Dr. Denner also serves as a director of Biogen Inc. Dr. Denner received his S.B. degree from the Massachusetts Institute of Technology and his M.S., M.Phil., and Ph.D. degrees from Yale University.