07/01/2026
AVEO Oncology, an LG Chem company, announces an exciting new chapter in its leadership. Effective June 30th, Michael Bailey will be retiring from the role of President and Chief Executive Officer following a distinguished tenure leading the company. Current Chief Commercial Officer Mike Ferraresso has been appointed President and Chief Executive Officer and will join the company's Board of Directors. Kevin Peacock, Senior Vice President of Marketing and Business Analytics, has also been named Chief Commercial Officer.
We extend our sincere gratitude to Michael Bailey for his outstanding leadership and lasting contributions to AVEO. Michael guided the company through a period of tremendous transformation, including the approval and commercialization of FOTIVDA® (tivozanib) and AVEO's strategic partnership with LG Chem. We are pleased that he will continue to support the company as a member of the Board of Directors, helping ensure a seamless leadership transition. Congratulations to Mike and Kevin on their new roles as we continue advancing our mission to bring meaningful therapies to people living with cancer. You can read the full details here:
Download PDF BOSTON, June 30, 2026 /PRNewswire/ — AVEO Pharmaceuticals, Inc., an LG Chem company, (“AVEO”), a biopharmaceutical company committed to providing differentiated solutions to improve cancer patients lives, announced today that, as part of a comprehensive succession planning proce...