{"id":397215,"date":"2020-12-10T08:03:17","date_gmt":"2020-12-10T13:03:17","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=397215"},"modified":"2020-12-10T08:03:17","modified_gmt":"2020-12-10T13:03:17","slug":"james-s-shannon-transitions-to-chairman-of-the-board-of-directors-for-mannkind","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/james-s-shannon-transitions-to-chairman-of-the-board-of-directors-for-mannkind\/","title":{"rendered":"James S. Shannon Transitions to Chairman of the Board of Directors for MannKind"},"content":{"rendered":"<h2>\nKent Kresa, former Chairman, will continue to serve as a Director<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"justify\">\n        <strong>WESTLAKE VILLAGE, Calif., Dec.  10, 2020  (GLOBE NEWSWIRE) &#8212; MannKind<\/strong><br \/>\n        <strong> Corporation <\/strong><br \/>\n        <strong>(N<\/strong><br \/>\n        <strong>asdaq<\/strong><br \/>\n        <strong>:<\/strong><br \/>\n        <strong>MNKD)<\/strong> today announced that James S. Shannon, M.D., MRCP (UK) has been named the new Chairman of the Board of Directors effective December 9, 2020. Kent Kresa, the former Chairman of the Board, will continue to serve on MannKind\u2019s Board of Directors and as Chair of the Compensation Committee of the Board.<\/p>\n<p align=\"justify\">\u201cKent has done an incredible job leading the Board \u2013 as Chairman for the last four years and as Lead Independent Director for an additional five years prior to that,\u201d said James Shannon. \u201cAs Al Mann\u2019s successor, Kent helped continue Al\u2019s mission of addressing the unmet needs of patients with diabetes and other serious illnesses. Since joining the Board in 2004, Kent has contributed significantly to the Company&#8217;s progress and he will certainly continue to do so. We are grateful for his leadership and we look forward to continuing to benefit from his experience.\u201d<\/p>\n<p align=\"justify\">Dr. Shannon served on the Board from February 2010 until April 2012 then rejoined the Board in May 2015. Dr. Shannon is a recognized pharmaceutical industry leader with more than 20 years of experience in senior leadership positions. He served as the Chief Medical Officer for GlaxoSmithKline from 2012 -2015 and prior to this, served as Global Head of Pharma Development for Novartis AG based in Basel, Switzerland. Dr. Shannon is trained in Medicine and Cardiology and received his undergraduate and postgraduate degrees at Queen&#8217;s University of Belfast and is a Member of the Royal College of Physicians (UK). He currently serves on the boards of several companies including Horizon Therapeutics, Kyowa Kirin, Immodulon Therapeutics Limited, ProQR Therapeutics NV, and myTomorrows.<\/p>\n<p align=\"justify\">&#8220;I would like to thank Kent for our partnership during my time with MannKind,\u201d said Michael Castagna, Chief Executive Officer of MannKind. \u201cHe has been a great mentor, for which I will be forever thankful. Having James as Kent\u2019s successor speaks to the caliber of our Board. James\u2019 keen insight and leadership experience in the pharmaceutical industry will be invaluable as we continue to advance the pipeline and focus on developing innovative medicines for both endocrinology and orphan lung diseases.&#8221;<\/p>\n<p align=\"justify\">\n        <strong>About\u00a0Mann<\/strong><br \/>\n        <strong>Kind <\/strong><br \/>\n        <strong>Corporation<\/strong>\n      <\/p>\n<p align=\"justify\">MannKind Corporation\u00a0(Nasdaq: MNKD) focuses on the development and commercialization of inhaled therapeutic products for patients with endocrine and orphan lung diseases.\u00a0MannKind\u00a0is currently commercializing Afrezza\u00ae (insulin human) Inhalation Powder, the Company\u2019s first FDA-approved product and the only inhaled ultra rapid-acting mealtime insulin in\u00a0the United States, where it is available by prescription from pharmacies nationwide.\u00a0MannKind\u00a0is headquartered in\u00a0Westlake Village, California, and has a state-of-the art manufacturing facility in\u00a0Danbury, Connecticut. The Company also employs field sales and medical representatives across the\u00a0U.S.\u00a0For further information, visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=D_3XIRFr6zjSilBT9T1sZV8bqin8f6cmAPjwL4u5AXQ3e8zKCV75o9wPqr959C23Hq2h_xeOZIPEYFVvMSsEg8ascyGDGxcgJ0uwagsN_hQ=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.mannkindcorp.com<\/a>.<\/p>\n<p>\n        <strong>Forward-Looking Statements<\/strong><br \/>\n        \n      <\/p>\n<p align=\"justify\">This press release contains forward-looking statements that involve risks and uncertainties. Words such as &#8220;believes,&#8221; &#8220;anticipates,&#8221; &#8220;plans,&#8221; &#8220;expects,&#8221; &#8220;intends,&#8221; &#8220;will,&#8221; &#8220;goal,&#8221; &#8220;potential&#8221; and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon\u00a0MannKind&#8217;s\u00a0current expectations. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties detailed in\u00a0MannKind&#8217;s\u00a0filings with the\u00a0SEC. For a discussion of these and other factors, please refer to MannKind\u2019s annual report on Form 10-K for the year ended\u00a0December 31, 2019 as well as MannKind\u2019s other filings with the\u00a0SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement, and\u00a0MannKind\u00a0undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this press release.<\/p>\n<p>\n        <strong>Company Contact:<\/strong><br \/>\n        <br \/>818-661-5000<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=pOjLGPzprh2ecgvwIjL27zTKFilhvKcPItj0DaCiuJbUDAnOkQsfHKSOjRv8GnFPFs_A_sTKLy3JnU4wwnQnBYLYHzwZIsRQ-_0goEwnlkU=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">ir@mannkindcorp.com<\/a><\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5OTg4OSMzODY1MDkwIzIwMDgxMDc=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/4e342c43-fd22-43bc-927e-f6ad25b67e90\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Kent Kresa, former Chairman, will continue to serve as a Director WESTLAKE VILLAGE, Calif., Dec. 10, 2020 (GLOBE NEWSWIRE) &#8212; MannKind Corporation (N asdaq : MNKD) today announced that James S. Shannon, M.D., MRCP (UK) has been named the new Chairman of the Board of Directors effective December 9, 2020. Kent Kresa, the former Chairman of the Board, will continue to serve on MannKind\u2019s Board of Directors and as Chair of the Compensation Committee of the Board. \u201cKent has done an incredible job leading the Board \u2013 as Chairman for the last four years and as Lead Independent Director for an additional five years prior to that,\u201d said James Shannon. \u201cAs Al Mann\u2019s successor, Kent helped continue Al\u2019s mission of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/james-s-shannon-transitions-to-chairman-of-the-board-of-directors-for-mannkind\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;James S. Shannon Transitions to Chairman of the Board of Directors for MannKind&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-397215","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>James S. Shannon Transitions to Chairman of the Board of Directors for MannKind - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/james-s-shannon-transitions-to-chairman-of-the-board-of-directors-for-mannkind\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"James S. Shannon Transitions to Chairman of the Board of Directors for MannKind - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Kent Kresa, former Chairman, will continue to serve as a Director WESTLAKE VILLAGE, Calif., Dec. 10, 2020 (GLOBE NEWSWIRE) &#8212; MannKind Corporation (N asdaq : MNKD) today announced that James S. Shannon, M.D., MRCP (UK) has been named the new Chairman of the Board of Directors effective December 9, 2020. Kent Kresa, the former Chairman of the Board, will continue to serve on MannKind\u2019s Board of Directors and as Chair of the Compensation Committee of the Board. \u201cKent has done an incredible job leading the Board \u2013 as Chairman for the last four years and as Lead Independent Director for an additional five years prior to that,\u201d said James Shannon. \u201cAs Al Mann\u2019s successor, Kent helped continue Al\u2019s mission of &hellip; Continue reading &quot;James S. 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