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ACAD > SEC Filings for ACAD > Form 8-K on 13-Jan-2014All Recent SEC Filings




Change in Directors or Principal Officers

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 10, 2014, Thomas H. Aasen, Executive Vice President, Chief Financial Officer and Chief Business Officer of ACADIA Pharmaceuticals Inc. ("ACADIA" or the "Company") informed the Company that, following a transition period, he would be retiring due to health and family-related considerations. Mr. Aasen has committed to remain with the Company through the filing of its Form 10-K for fiscal 2013. In addition, ACADIA is commencing a search for Mr. Aasen's replacement as Chief Financial Officer and Mr. Aasen will be an integral part of that process and in assisting with the transition. While no definitive departure date for Mr. Aasen is known at this point, the Company expects to complete the transition no later than mid-year.

Forward-Looking Statements
Certain statements in this report that are not historical facts are forward-looking statements that involve a number of risks and uncertainties. Such forward-looking statements include statements relating to Mr. Aasen's departure and the timing and process for the transition of ACADIA's Chief Financial Officer position. These statements are only predictions based on current information and expectations and involve a number of risks and uncertainties. Actual events or results may differ materially from those stated in any such statements due to various factors, some of which are discussed in ACADIA's annual report on Form 10-K for the year ended December 31, 2012 as well as other subsequent filings with the Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. This caution is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All forward-looking statements are qualified in their entirety by this cautionary statement and ACADIA undertakes no obligation to revise or update this report to reflect events or circumstances after the date hereof.

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