leadership
confidence high
sentiment positive
materiality 0.35
Insmed adds ex-Sanofi CEO Paul Hudson and Verily CFO Utpal Koppikar to board
INSMED Inc
- Board appointed Paul Hudson and Utpal Koppikar as independent directors effective Oct 19, 2026; Hudson is Class II, Koppikar Class I, both up for election at the 2027 annual meeting.
- Hudson was Sanofi CEO from September 2019 to February 2026 and CEO of Novartis Pharmaceuticals from 2016 to 2019; he joins the Compensation Committee.
- Koppikar has been Verily Health CFO since April 2023, was EVP and CFO of Atara Biotherapeutics from 2018 to 2023, and sits on C4 Therapeutics' (CCCC) board; he joins the Audit Committee.
- Each director gets a $65,000 annual retainer plus $12,500 for committee service, prorated, and RSUs worth about $585,000 vesting in three equal annual installments.
- Insmed said there are no arrangements or Item 404(a) related-party transactions involving either new director; CEO Will Lewis called it a strengthened board at a pivotal time.