Verastem Oncology names Michael Bailey as CEO starting January 2027

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Verastem Oncology Announces Planned Chief Executive Officer Transition and Succession Plan

October 14, 2026 6:01 AM EDT

Accomplished biopharmaceutical executive Michael P. Bailey appointed President and CEO to advance Verastems commercial business and lead pipeline asset advancement for VS-7375, a potential best-in-class investigational oral KRAS G12D (ON/OFF) inhibitor

Daniel Paterson to retire as President and CEO following a 35-year career in the biopharmaceutical industry; will remain as an advisor and member of Verastems Board of Directors

BOSTON--(BUSINESS WIRE)-- Verastem Oncology (Nasdaq: VSTM), a biopharmaceutical company committed to advancing new medicines for patients with RAS/MAPK pathway-driven cancers,... More