The Board of Directors of UCB announced the implementation of its CEO succession plan. Jean-Christophe Tellier, currently UCB's Executive Vice President, Biopharma Brands and Solutions, will be appointed Chief Executive Officer-Elect and Chairman of the Executive Committee as of March 1, 2014. Jean-Christophe Tellier will also be proposed to be appointed as a member of the Board of Directors at the next Annual General Meeting of Shareholders on April 24, 2014.

This change is the result of a long and well thought through succession plan to ensure necessary experience and knowledge transfer. It creates the best conditions for the company's future growth allowing it, together with its 8,500 colleagues, to deliver on UCB's commitment to patients. UCB has planned an orderly handover period throughout the remainder of 2014 with Jean-Christophe Tellier working alongside current CEO, Roch Doliveux, to ensure a seamless transition when Jean-Christophe Tellier becomes Chief Executive Officer of UCB on January 1, 2015.