Kala Bio Chief Executive Mark Iwicki Resigns; Shares Fall

MT Newswires Live

2025/02/13

Kala Bio (KALA) said Wednesday that Mark Iwicki has resigned as chief executive, effective immediately, but will continue to serve as board chair.

The clinical-stage biopharmaceutical company appointed President and Chief Operating Officer Todd Bazemore as interim CEO.

Kala Bio shares were down about 34% in recent trading.

Price: 7.11, Change: -3.77, Percent Change: -34.65

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