Aratana Therapeutics Appoints Craig Tooman As President, CEO

(RTTNews) - Aratana Therapeutics, Inc. (PETX), a pet therapeutics company focused on dogs and cats, announced late Thursday that its Board of Directors has appointed Craig Tooman to serve as President and Chief Executive Officer. He was also elected to the Board.

Effective January 17, 2019, Steven St. Peter has resigned from the role of President and Chief Executive Officer and from the Board. St. Peter is a founder of Aratana and served as President and CEO of Aratana since 2012.

Tooman was the first independent member of Aratana's Board of Directors from April 2012 to November 2013. He served as Chair of the Audit Committee before transitioning to Chief Financial Officer for Aratana in November 2013.

Earlier, Tooman has served as Chief Executive Officer of Avanzar Medical, Inc. and Chief Financial Officer for Enzon Pharmaceuticals and Ikaria Inc. He has also held key executive roles at ILEX Oncology, Inc. and Pharmacia Corp.