Long­time Hutchmed CEO Hogg de­parts, hand­ing over the reins amid US ex­pan­sion plans

Just as Chi­nese drug­mak­er Hutchmed looks to make its big break in the US, the long­time helms­man who brought it to this point is mak­ing his ex­it.

Hutchmed CEO Chris­t­ian Hogg will step down Fri­day from the role he has held for 15 years, hand­ing over the reins to Weiguo Su, a 17-year vet­er­an of Hutchmed him­self, the com­pa­ny said in a re­lease.

Hogg, who joined Hutchmed near­ly 22 years ago be­fore tran­si­tion­ing in­to the CEO role in 2007, will re­tire to move back to Eu­rope and at­tend “im­por­tant fam­i­ly re­spon­si­bil­i­ties,” ac­cord­ing to a state­ment.

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