HUTCHMED Welcomes New Acting CEO Amid Leadership Changes

Author: Dylan Bailey Updated: 08-24-2025 08:28 PM

HUTCHMED Announces Leadership Transition

HUTCHMED (China) Limited (Nasdaq/AIM:HCM; HKEX:13) has recently made a significant announcement concerning its executive leadership team. Dr. Weiguo Su, the current Chief Executive Officer, is taking a leave of absence due to health concerns. To ensure that the operations of the company continue smoothly, the Board of Directors has appointed Mr. Johnny Cheng as the Acting Chief Executive Officer, while he also retains his responsibilities as Chief Financial Officer.

Support from the Board

In a statement regarding this transition, Dr. Dan Eldar, Chairman and Non-executive Director, expressed full support for Dr. Su and conveyed warm wishes for his swift recovery. He highlighted Mr. Cheng's proven abilities and expressed confidence in his capacity to manage the company during this interim phase. The board remains optimistic that all ongoing research, development, and commercial endeavors will continue as planned, unaffected by this change in leadership.

Commitment to Company Strategy

Dr. Su commented on the challenging decision to step back from his duties. He emphasized that his focus must remain on prioritizing his health, but he feels reassured knowing that the team at HUTCHMED, under Mr. Cheng’s leadership, will steadfastly uphold the company’s strategic goals. The research and drug discovery pipeline will persist on its determined trajectory, ensuring continual progress in their therapeutic offerings.

Johnny Cheng's Vision

As the new Acting CEO, Mr. Cheng reflected on HUTCHMED's accomplishments over the past two decades under Dr. Su's leadership. He is optimistic about further fulfilling the company's mission, which involves developing a range of targeted therapies and immunotherapies. Mr. Cheng is committed to ensuring that the company’s operations remain aligned with the intended delivery of valuable new healthcare solutions.

About HUTCHMED

HUTCHMED is primarily recognized as an innovative biopharmaceutical company dedicated to the discovery and commercialization of novel cancer treatments and immunotherapies. The company has successfully brought its first three medicines to the market in China, and its portfolio includes products that have gained approval in the United States, Europe, and Japan. This approach underlines HUTCHMED's commitment to delivering high-quality healthcare solutions globally.

Frequently Asked Questions

Who is the new Acting CEO of HUTCHMED?

The new Acting CEO is Mr. Johnny Cheng, who also serves as the Chief Financial Officer.

Why did Dr. Weiguo Su take a leave of absence?

Dr. Weiguo Su is taking a leave of absence due to health reasons.

What are HUTCHMED's main focuses as a company?

HUTCHMED focuses on the development of targeted therapies and immunotherapies for cancer and immunological diseases.

How has the board reacted to the leadership transition?

The board has expressed full support for Dr. Su and confidence in Mr. Cheng’s abilities to steer the company during this period.

What is the significance of this leadership change?

This leadership transition is vital to maintaining continuity within HUTCHMED while ensuring that the company's strategic goals are met without disruption.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

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