People: Targacept Inc (TRGT.O)
Dr. Stephen A. Hill, M.D. has been appointed as President, Chief Executive Officer, Director of Targacept, Inc., effective December 1, 2012. Dr. Hill brings over 20 years of industry experience to the role, having served previously as President and Chief Executive Officer of Solvay Pharmaceuticals, Inc. and ArQule, Inc. At Solvay, he led an organization of over 1,200 employees until its acquisition by Abbott Laboratories in 2010. Dr. Hill's responsibilities included the direct management of the U.S. commercial organization and administrative support of U.S.-based clinical development, project management, quality, regulatory affairs and new business development. At ArQule, he led a transition from a fee-for-service discovery chemistry model to an enterprise with a proprietary clinical-stage pipeline. Prior to ArQule, Dr. Hill held several leadership positions with F. Hoffmann-La Roche Ltd., including Global Head of Clinical Development. Dr. Hill currently serves as non-executive Chairman of the Board of Directors of each of Novelos Therapeutics, Inc. and Audeo Oncology Inc. In addition, Dr. Hill served for seven years with the National Health Service in the United Kingdom in General and Orthopedic Surgery. He is a Fellow of the Royal College of Surgeons of England and received his Bachelor of Medicine and Bachelor of Surgery from St. Catherine's College at Oxford University.
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