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Novavax CFO to step down

Barclay Phillips will step down as Novavax, Inc.'s senior vice president, CFO and treasurer on Nov. 10.

Phillips is leaving Novavax to pursue other opportunities in the industry. He will stay with the company as a consultant and provide financial, accounting and transition services until Dec. 31.

Novavax President and CEO Stanley Erck will act as CFO in the interim.