Merrion Pharmaceuticals has said its CEO Dr Michael McKenna is taking over as chairman of the company from today.
Dr McKenna replaces Declan Ryan, who agreed to act as interim chairman from May 2006 and is now retiring from the board.
John Lynch, chief operating officer, takes over from Dr McKenna as CEO of Merrion, which is listed in Dublin. Dr McKenna has been CEO since the company was founded in 2004.