Phivida Holdings Inc. announced that the company's Board of Directors has appointed David Moon, most recently the President of Wikala.com Inc. and a director of the Company, as interim Chief Executive Officer. This appointment follows the decision of James Bailey to step down as President and CEO, and as a director of the Company, to pursue other opportunities. The Phivida board will undertake a search to identify the Company's next CEO, and will consider internal and external candidates.