Galapagos announces departure of Bart Filius, Chief Operating Officer and Chief Financial Officer
03 May 2023 - 6:01AM
Galapagos announces departure of Bart Filius, Chief Operating
Officer and Chief Financial Officer
Mechelen, Belgium;
2 May 2023, 22:01
CET; regulated information –
Galapagos NV (Euronext & NASDAQ: GLPG) today
announced the departure of Bart
Filius, President,
Chief Operating Officer
and Chief Financial
Officer.
Bart Filius joined Galapagos in 2014 as Chief
Financial Officer and subsequently took on the responsibility as
Chief Operating Officer in 2017. In 2021, he was named President of
the company. In his roles, Bart oversaw finance, business
development, commercial strategy, human resources, and other
business operations.
“On behalf of the Board of Directors and
management, I sincerely want to thank Bart for his significant
contributions and achievements. During his tenure, Bart managed the
substantial growth and financing of the company, including the IPO
on Nasdaq and subsequent follow-on financing transactions. He also
led the negotiations of the R&D collaboration with Gilead and
was instrumental in the build-out of our European commercial
organization. I personally want to thank Bart for his invaluable
support during my first year as CEO, and I am very grateful for his
years of leadership and commitment. We wish Bart all the best in
his future endeavors,” said Dr. Paul Stoffels1, CEO and Chairman of
Galapagos.
“I am very proud of what we achieved with
Galapagos over the last almost nine years, and I want to express a
warm thank you to my colleagues and teams for their contributions,
resilience, and dedication. While the time has come for me to
explore new opportunities, I am confident that the company’s strong
fundamentals will drive future growth as we continue to innovate
and bring transformational medicines to patients,” added Bart
Filius.
Bart Filius will leave the company as per 30
June 2023. Recruitment efforts to appoint a successor are actively
ongoing.
This press release contains inside information
within the meaning of Regulation (EU) No 596/2014 of the European
Parliament and of the Council of 16 April 2014 on market abuse
(market abuse regulation).
Media
relations contactMarieke
Vermeersch +32 479 490 603media@glpg.com
Investor
relations contactSofie Van Gijsel +1
781 296 1143 Sandra Cauwenberghs +32 495 58 46 63 ir@glpg.com
Forward-looking statements
This press release includes forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995, as amended. These statements are often, but are
not always, made through the use of words or phrases such as
“ongoing,” “will,” and “may” as well similar expressions.
Forward-looking statements contained herein include, but are not
limited to, statements regarding the announced leadership
transition and changes in our Executive Committee and key
personnel, statements regarding the search for a suitable
successor. These forward-looking statements are subject to risks,
uncertainties and other factors that could cause actual results to
differ materially from those referred to in the forward-looking
statements and, therefore, the reader should not place undue
reliance on them. These risks, uncertainties and other factors
include, without limitation, the possibility that Galapagos will
encounter challenges retaining or attracting talent, that our
leadership transition may be disruptive to our business operations,
our ability to effectively transfer knowledge during this period of
transition, and those risks and uncertainties identified in our
Annual Report on Form 20-F for the year ended 31 December
2022 and our subsequent filings with the SEC. The
forward-looking statements contained herein are based on
management’s current expectations and beliefs and speak only as of
the date hereof, and Galapagos makes no commitment to update or
publicly release any revisions to forward-looking
statements in order to reflect new information
or subsequent events, circumstances or changes in
expectations, unless specifically required by law or
regulation.
1 Throughout this press release, ‘Dr. Paul
Stoffels’ should be read as ‘Dr. Paul Stoffels, acting via Stoffels
IMC BV’
- Press release - Galapagos announces departure of Bart Filius,
Chief Operating Officer and Chief Financial Officer
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