Momenta Pharmaceuticals, Inc. (MNTA)

[DewDiligence]

MNTA’s Board of Directors

[Updated for appointment of Steven C. Gilman to replace (retiring) Bennett Shapiro.]



MNTA’s BoD consists of nine directors as follows:

• Eight independent directors: Bruce Downey; Marsha Fanucci; Georges Gemayel; Steven C. Gilman; Jose-Carlos Gutiérrez-Ramos; Thomas Koestler; Elizabeth Stoner; and the Chairman, James Sulat. Among these individuals are: the former CSO of Cubist Pharmaceuticals (acquired by Merck in 2015); the former CEO of Barr Laboratories (acquired by Teva in 2008); the current CEO of Synlogic (a private biotech firm); the former head of the Schering-Plough Research Institute; the former CFO of Millennium Pharmaceuticals (acquired by Takeda in 2008); the former CFO of Memory Pharmaceuticals (acquired by Roche in 2008); and the former EVP of Genzyme responsible for worldwide therapeutics.

• Craig Wheeler, MNTA’s CEO since 2006.


No single shareholder or group of affiliated shareholders is in a position to unduly influence the BoD.

The directors are listed below in alphabetical order.


Bruce Downey, age 69, term expires 2017; director since 2009:

Mr. Downey has served as a partner at NewSpring Capital, a venture capital firm, since March 2009. From 1994 through December 2008, Mr. Downey was Chairman and CEO of Barr Pharmaceuticals, a global specialty-pharmaceutical company. Barr, acquired by Teva Pharmaceuticals in a $9B deal in Jul 2008, is the originator of the business model based on Paragraph-IV patent challenges. Downey knows more about the generic-drug business than anyone on the planet, IMO.


Marsha H. Fanucci, age 61; term expires 2017; director since 2005:

Ms. Fanucci served as Chief Financial Officer of Millennium Pharmaceuticals from 2004 through Jan 2009. (Millennium was acquired by Takeda in May 2008.) From 2000 through 2004, she served as Vice President, Finance and Corporate Strategy and Vice President, Corporate Development and Strategy. From 1998 through 2000, she was Vice President of Corporate Development and Strategy at Genzyme. From 1987 to 1998, Ms. Fanucci was employed at Arthur D. Little, Inc. where she most recently served as Vice President and Director. She received her B.S. in Pharmacy from West Virginia University and her M.B.A. from Northeastern University.


Georges Gemayel, PhD, age 54; term expires 2017; director since 2015:

Dr. Gemayel has been a consultant for several biotechnology companies and venture capital funds since 2010. Prior to that he was President and CEO of Altus Pharmaceuticals from 2008 to 2009. From 2003 to 2008, he was Executive Vice President at Genzyme Corporation where he was responsible for the company's worldwide therapeutics businesses. From 1988 to 2003, he held progressively senior roles at Hoffmann La-Roche and Roche Labs. Dr. Gemayel is Chairman of the Board of Directors of privately owned biotechnology companies Orphazyme, OxThera, and Enterome Bioscience.


Steven C. Gilman, PhD, age 63, term expires 2019; director since 6/23/16:

Dr. Gilman was most recently Executive Vice President, Research & Development and Chief Scientific Officer at Cubist Pharmaceuticals, until its acquisition by Merck & Co. in January 2015.

Prior to joining Cubist, Dr. Gilman served as Chairman of the Board of Directors and CEO of ActivBiotics, a privately held biopharmaceutical company. Previously, Dr. Gilman worked at Millennium Pharmaceuticals, Inc., where he held a number of senior leadership roles including Vice President and General Manager of the Inflammation Franchise. Prior to Millennium, he was Group Director at Pfizer Central Research, where he was responsible for drug discovery of novel antibacterial agents as well as several other therapeutic areas. Dr. Gilman received his Ph.D. and M.S. degrees in microbiology from Pennsylvania State University, his post-doctoral training at Scripps Clinic and Research Foundation, and received a B.A. in microbiology from Miami University of Ohio.


Jose-Carlos Gutiérrez-Ramos, PhD, age 53; term expires 2019; director since 3/9/16:

Dr. Gutiérrez-Ramos has served as Chief Executive Officer…of Synlogic Inc., since May 2015. Previously, he served as Group Senior Vice President and global head of the BioTherapeutics Research at Pfizer, where he was responsible for more than 25 novel programs across the full spectrum of clinical development...

Dr. Gutiérrez-Ramos held senior leadership positions at several biotech companies, including Senior Vice President and Head of R&D at Avidia Inc. and Peptimmune Inc. He began his career in the drug industry at Millennium Pharmaceuticals serving as Vice President of Inflammation Drug Discovery. Dr. Gutiérrez-Ramos holds a Ph.D. in immunochemistry from the Autonoma University in Madrid, Spain.


Thomas P. Koestler, PhD, age 63; term expires 2019; director since 2011:

Dr. Koestler’s nearly 30-year career has included senior executive positions at top-tier global pharmaceutical companies. Since 2010, Dr. Koestler has served as Executive-in-Residence at Vatera Holdings. Prior to joining Vatera Holdings Dr. Koestler was most recently Executive Vice President of Schering Corporation and President of Schering-Plough Research Institute (SPRI), the pharmaceutical research and development arm of Schering-Plough Corporation which he joined in 2003. Dr. Koestler has been involved with over 80 product approvals during his career, including 30 new molecular entities. He has also held senior positions at Pharmacia, Novartis, Ortho McNeil and Bristol-Myers Squibb. Dr. Koestler holds a BS degree in biology and genetics from Daemen College and a Ph.D. from the State University of New York, where he studied medicine and pathology.


Elizabeth Stoner, MD, age 64; term expires 2019; director since 2007:

Dr. Stoner joined MPM Capital as Executive Partner following a 22-year career at Merck Research Laboratories. At the time of her retirement from Merck, Dr. Stoner was Senior Vice President of Global Clinical Development Operations with responsibility for the company's clinical development activities in more than 40 countries. She also oversaw the clinical development activities of Merck's Japanese partner, Banyu, led the clinical development for the Merck/Schering-Plough Joint Venture for Zetia/Vytorin, and played a critical leadership role in Merck's efforts to transform its worldwide clinical development operations. Earlier in her career at Merck, Dr. Stoner had led the Proscar clinical development program from inception, establishing Merck as a leader in the field of prostate disease. As Endocrine Therapeutic Head, Dr. Stoner's responsibilities included all steroid and lipid metabolism, as well as the growth hormone secretagogue clinical research programs. Prior to her position at Merck, she was an Assistant Professor of Pediatrics at Cornell University Medical College. Dr. Stoner received a BS in Chemistry from Ottawa University, KS, an MS in Chemistry from the State University of New York at Stony Brook, and an MD from Albert Einstein College of Medicine.


James R. Sulat, age 64; term expires 2018; director since 2008:

Mr. Sulat was named Momenta’s Chairman of the Board in December 2008 (#msg-33979910). He became CEO of Maxygen in September 2009 (#msg-41988177). Previously, Sulat served as the CFO of Memory Pharmaceuticals from February 2008 to December 2008 (when it was acquired by Roche) and as Memory Pharmaceuticals’ CEO from May 2005 until February 2008. Jim has also served as a member of the board of directors of Memory Pharmaceuticals since May 2005. From May 2003 to February 2004, Mr. Sulat served as the Senior Executive Vice President of Moore Wallace Incorporated. Following the acquisition of Moore Wallace by R.R. Donnelley & Sons Company in February 2004, Mr. Sulat became Chief Financial Officer of R.R. Donnelley and served in that position until May 2004. From 1998 to 2003, Mr. Sulat served as Vice President and CFO of Chiron Corporation. Mr. Sulat serves as a director of Maxygen, Inc. and Intercell AG. Mr. Sulat received a B.S. from Yale University, and an MBA and an M.S. in Health Services Administration from Stanford University.


Craig A. Wheeler, age 54; term expires 2018; director since 2006:

Mr. Wheeler has served as Chief Executive Officer of Momenta since September, 2006. Prior to joining Momenta, Mr. Wheeler served as President of Chiron Biopharmaceuticals from August 2001 until June 2006. Prior to joining Chiron, Mr. Wheeler was a senior member of The Boston Consulting Group’s health care practice from August 1988 until August 2001. Mr. Wheeler was appointed to the board of directors of Avanir Pharmaceuticals, Inc. in September 2005. Mr. Wheeler received B.S. and M.S. degrees in chemical engineering from Cornell University and an M.B.A. degree from the Wharton School of the University of Pennsylvania.