Avanir interim CFO to resign

Thu Dec 27, 2007 6:38am EST
 
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NEW YORK, Dec 27 (Reuters) - Avanir Pharmaceuticals (AVNR.O) interim chief financial officer Martin Sturgeon will resign from his post early next year, the company said in a regulatory filing.

Avanir also said in the filing that Sturgeon won't be entitled to any severance pay.

The company "reassessed" its personnel needs -- including in its finance and accounting departments -- following its sale of the rights to schizophrenia drug FazaClo, according to the filing. (Reporting by Justin Grant; Editing by Derek Caney)

 

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