SECURITIES AND EXCHANGE COMMISSION
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
In connection with internal changes at Theravance Biopharma, Inc. (the “Company”), Andrew A. Hindman, Senior Vice President and Chief Financial Officer, will transition from the Company on December 31, 2022 (“Separation Date”). The Company intends to enter into a separation and release of claims agreement with Mr. Hindman on terms to be finalized.
The Company has appointed Aziz Sawaf, CFA as the Company’s Chief Financial Officer, effective immediately following Mr. Hindman’s departure. Mr. Sawaf, 40, has been the Company’s Vice President of Finance and a member of the Senior Leadership Team since October 2021, having joined the Company in June 2014 and serving in various roles of increasing responsibility across the finance organization. Prior to Theravance Biopharma, Mr. Sawaf spent four years at Gilead Sciences, working in several Finance roles supporting the Commercial and R&D organizations. Prior to Gilead Sciences, Mr. Sawaf worked at Amgen, in Consulting and in internet start-up Finance. Mr. Sawaf holds a B.A. in Business Administration, Finance, from the University of Arizona, an M.B.A. from the University of Southern California Marshall School of Business, and a Master of Biotechnology Enterprise and Entrepreneurship (M.B.E.E.) from Johns Hopkins University. Mr. Sawaf has been a CFA charterholder since 2013. As of the Separation Date, Mr. Sawaf will assume the duties and responsibilities of the Company’s principal financial officer.
Mr. Sawaf has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K promulgated under the Securities Exchange Act of 1934, as amended, nor are any such transactions currently proposed. There are no family relationships between Mr. Sawaf and any of the Company’s directors or executive officers.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|THERAVANCE BIOPHARMA, INC.|
|Date: December 12, 2022||By:||/s/ Brett Grimaud|
|Senior Vice President and General Counsel|