NEW YORK, March 7 - Oxford GlycoSciences on Thursday said that CEO Michael Kranda will step down by the end of this year.
The company said Kranda, who has been at OGS for six years, cited "personal family reasons" for his decision to leave. Chairman G. Kirk Raab said the company has begun looking for a replacement.
Kranda "will stay on through the transition period and I am confident that OGS' programmes and progress will continue unabated," Raab said in a statement.