Momenta Pharmaceuticals Inc. announced that Rick Shea has advised the company of his intention to step down as Chief Financial Officer (CFO) once a successor is identified and appointed. Mr. Shea will remain with the company to assist with the CFO succession and serve in a newly created role of Senior Vice President, Corporate Communications and Operations for a transition period prior to his planned retirement in 2016. Momenta has initiated a CFO search.

Mr. Shea joined Momenta in October 2003 as Chief Financial Officer and Senior Vice President.