Benzinga | Oct 26, 2021 05:24PM EDT

Navidea Biopharmaceuticals Announces Resignation Of Jed A. Latkin

Navidea Biopharmaceuticals, Inc. (NYSE:NAVB) ("Navidea" or the "Company"), a company focused on the development of precision immunodiagnostic agents and immunotherapeutics, today announced the resignation of Jed A. Latkin as Chief Executive Officer, Chief Financial Officer and Chief Operating Officer of the Company, and as a member of the Board of Directors of the Company, effective October 24, 2021. Mr. Latkin and the Company are discussing the terms of a severance agreement pursuant to his employment contract.

An Office of the CEO including three members of the Company's Board of Directors has been established to lead the Company on an interim basis while the next Chief Executive Officer of the Company is identified with the assistance of an executive search firm. The Office of the CEO consists of three Board members, including the Chairman, Vice Chairman and Thomas Farb, and the Company's Senior Vice President and Chief Medical Officer, Michael Rosol, Ph.D., and the Company's Vice President of Finance and Administration, Erika Eves.