Five Prime chief Williams to transition to Executive Chairman; shares ease 1% after hours

|About: Five Prime Therapeutic... (FPRX)|By:, SA News Editor

Five Prime Therapeutics (NASDAQ:FPRX) founder and CEO Rusty Williams, M.D., Ph.D. plans to transition to the role of Executive Chairman next year. The board has initiated a search for a successor.

Dr. Williams founded the company in late 2001 and has served on the board since January 2002.

Shares are down 1% after hours on modest volume.

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