PDL BioPharma says CFO Tomlinson resigns

PDL BioPharma says CFO Bruce Tomlinson resigns after less than a year on the job

Associated Press

INCLINE VILLAGE, Nev. (AP) -- PDL BioPharma Inc. said Monday that Chief Financial Officer Bruce Tomlinson has resigned for personal reasons less than six months after his hire.

The company said Tomlinson resigned Friday, and it is beginning a search for a new CFO.

Tomlinson joined the Incline Village, Nev.-based company in June.

PDL BioPharma shares fell 18 cents, or 2.3 percent, to close at $7.72, and shed another 3.2 percent in after-hours trading.

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