Iron­wood re­cruits CMO on the eve of split-up; Roche vet Margrit Schwarz joins Genevant

Iron­wood Phar­ma­ceu­ti­cals is fill­ing up its C-suite to pre­pare for the im­pend­ing split up in­to two en­ti­ties. Just a week af­ter tap­ping As­traZeneca’s Mark Mal­lon for the CEO job, the com­pa­ny has ap­point­ed Michael Shet­z­line as CMO of the com­mer­cial-fo­cused unit, tasked with stew­ard­ing ex­ist­ing gas­troin­testi­nal as­sets, in­clud­ing its fran­chise drug Linzess, as well as find­ing new prod­uct op­por­tu­ni­ties in the space. He will re­port to Thomas Mc­Court, the cur­rent chief com­mer­cial of­fi­cer who’s get­ting pro­mot­ed to pres­i­dent as found­ing CEO Pe­ter Hecht leaves to run the R&D spin­out.  

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