Coronado Biosciences, Inc. announced that Dr. Lindsay A. Rosenwald has been appointed Chairman, President, and Chief Executive Officer (CEO) of the company, effective December 19, 2013. Additionally, Mr. Michael S. Weiss has been appointed a director and Co-Vice Chairman of the company's Board of Directors. Dr. Rosenwald, founder of the company and a director since October 2009, has resigned as a member of the Board's Compensation Committee and Nominating and Corporate Governance Committee.

The company also announced the departure of Harlan F. Weisman, M.D., who served as a director of the company since August 2012 and as its Chairman and CEO since December 2012.