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ImClone CFO Steps Down

Ana Stancic is named senior vice president of finance.
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ImClone Systems


said Chief Financial Officer Michael Howerton has decided to leave the company.

Howerton's decision was personal and had nothing to do with the financial condition of the company or any issues relating to financial controls, ImClone said Thursday.

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ImClone named Ana Stancic, vice president of finance and chief accounting officer, as senior vice president of finance. Stancic will oversee the company's finance department, information technology and internal audit. She joined the New York-based biotech in 2004.