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AC Immune (ACIU) founder-CEO Andrea Pfeifer to retire; board chair named interim CEO

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(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

AC Immune SA announced that co-founder and long-serving Chief Executive Officer Dr Andrea Pfeifer plans to retire at the Annual General Meeting on June 11, 2026 to spend more time with her family. The company states her decision is not due to any disagreement over operations, policies, or practices.

The Board has appointed its Chair, Dr Martin Zügel, as interim CEO while a search firm leads the process to identify a permanent successor. Dr Pfeifer will remain closely involved as Advisor, Honorary Chair of the Board, and Co-Chair of the Scientific Advisory Board, supporting leadership continuity as AC Immune advances its neurodegenerative disease pipeline and partnerships.

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Insights

Founder-CEO retirement introduces leadership transition risk, partly offset by a structured handover.

AC Immune is managing a significant leadership change as co-founder and long-term CEO Dr Andrea Pfeifer retires at the June 11, 2026 AGM. The filing explicitly notes her decision is not linked to disagreements about operations, policies, or practices, framing this as a planned transition.

The Board has appointed Chair Dr Martin Zügel as interim CEO and hired an industry consultant to run the permanent search. Pfeifer will remain involved as Advisor, Honorary Chair, and Co-Chair of the Scientific Advisory Board, which supports continuity while the company progresses multiple clinical programs and large-pharma partnerships.

For investors, the key issue is execution through this transition as AC Immune advances three Precision Prevention candidates already in the clinic and a partnered pipeline with more than $4.5 billion in potential milestone payments plus royalties. Subsequent company communications may clarify permanent CEO selection and long-term strategic priorities post-transition.

CEO retirement date June 11, 2026 Planned retirement of CEO at AGM
CEO tenure 23 years Dr Pfeifer’s service as CEO of AC Immune
Potential milestone payments >$4.5 billion Milestones plus royalties from strategic partnerships
Precision Prevention candidates in clinic Three candidates Alzheimer’s and Parkinson’s prevention programs already in clinical trials
Company listing year 2016 Year AC Immune listed on Nasdaq
Company founding year 2003 Year Dr Pfeifer co-founded AC Immune
clinical-stage biopharmaceutical company financial
"AC Immune SA (Nasdaq: ACIU), a clinical-stage biopharmaceutical company pioneering precision therapeutics for neurodegenerative diseases"
A clinical-stage biopharmaceutical company develops drugs or medical therapies that are being tested in people in formal clinical trials but do not yet have any approved, marketed products. For investors, these firms behave like prototype makers: their value depends heavily on trial results and regulatory decisions, so they can swing widely on a single study, consume cash while testing, and offer either large upside if trials succeed or big downside if they fail.
precision prevention medical
"a global leader in precision prevention for neurodegenerative diseases, including Alzheimer’s disease, Parkinson’s disease"
SupraAntigen® technical
"The Company’s two clinically validated technology platforms, SupraAntigen® and Morphomer®, fuel its pipeline"
Morphomer® technical
"SupraAntigen® and Morphomer®, fuel its pipeline of first- and best-in-class assets"
non-dilutive funding financial
"resulting in substantial non-dilutive funding to advance its proprietary programs and >$4.5 billion in potential milestone payments"
Non-dilutive funding is money a company raises that does not require issuing new shares or reducing existing owners’ percentage ownership, such as grants, certain loans, contract revenue, or licensing deals. It matters to investors because it lets a company finance growth or research without shrinking shareholder stakes or changing control, much like topping up a car’s gas tank instead of selling part of the car to pay for the trip.
neurodegenerative diseases medical
"pioneering precision therapeutics for neurodegenerative diseases, including Alzheimer’s disease, Parkinson’s disease"
Neurodegenerative diseases are conditions where brain or nerve cells progressively lose function and die, causing symptoms like memory loss, movement problems, or cognitive decline — think of the brain’s wiring slowly wearing out. Investors care because these illnesses create sustained demand for treatments, diagnostics, and long-term care, drive regulatory decisions and clinical-trial milestones that move stock prices, and concentrate both high development risk and the potential for large financial returns if effective therapies are approved.

 

 

 

   

UNITED STATES 

SECURITIES AND EXCHANGE COMMISSION 

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of May 2026

 

Commission file number: 001-37891

 

AC IMMUNE SA

(Exact Name of Registrant as Specified in Its Charter)

 

EPFL Innovation Park

Building B

1015 Lausanne, Switzerland

(Address of Principal Executive Offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F   Form 40-F

 

 

 

 

 

 

 

 

On May 12, 2026, AC Immune SA (the “AC Immune”) issued a press release containing updates with respect to the retirement of its Chief Executive Officer (“CEO”) at AC Immune’s next Annual General Meeting (“AGM”). A copy of the press release is attached as Exhibit 99.1 to this Report on Form 6-K.

 

Retirement of CEO

 

At AC Immune’s next AGM to be held on June 11, 2026, Dr Andrea Pfeifer has decided to retire from her role as CEO after 23 years at AC Immune to spend more time with her family. Dr Pfeifer’s decision to retire was not because of a disagreement with AC Immune on any matter relating to AC Immune’s operations, policies, or practices. AC Immune thanks Dr Pfeifer sincerely for her contributions to AC Immune over her years of service and wishes her well in her future endeavors. Dr Pfeifer will be engaged as an Advisor to facilitate the transition and will be appointed as Honorary Chair of the Board of Directors (the “Board”) and Co-Chair of the Scientific Advisory Board. The Board has appointed a leading industry consultant to conduct the CEO search.

 

Appointment of Interim CEO

 

The Board has appointed the Chair, Dr Martin Zügel, to serve as interim CEO while the ongoing search for a permanent successor continues. Dr. Zügel has served as Chair of the Board since 2025, a position which will not change as a result of his appointment as interim CEO. For Dr. Zügel’s full bio, see the Company’s Annual Report on Form 20-F filed with the SEC on March 13, 2026, under the heading “Item 6. Directors, Senior Management and Employees”.  

 

This Report on Form 6-K (excluding Exhibit 99.1) shall be deemed to be incorporated by reference into the registration statements on Form F-3 (File Nos. 333-227016, 333-249655 and 333-277940) and Form S-8 (File Nos. 333-213865, 333-216539 and 333-233019) of AC Immune SA and to be a part thereof from the date on which this report is filed, to the extent not superseded by documents or reports subsequently filed or furnished.

 

 

 

EXHIBIT INDEX

 

Exhibit
Number
  Description
99.1   Press Release dated May 12, 2026

 

 

 

SIGNATURE

 

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, thereunto duly authorized.

 

  AC IMMUNE SA
   
  By: /s/ Andrea Pfeifer
    Name: Andrea Pfeifer
    Title: Chief Executive Officer
     
     
  By: /s/ Christopher Roberts
    Name: Christopher Roberts
    Title: Chief Financial Officer
     

Date: May 12, 2026 

   

 

 

 

 

Exhibit 99.1

 

 

AC Immune Announces Retirement of CEO Dr Andrea Pfeifer at Upcoming AGM

 

·Co-founder and CEO, Dr Andrea Pfeifer, to retire after a distinguished 23-year tenure

 

·Board Chair, Martin Zügel, MD, to be appointed interim CEO  

 

·Dr Pfeifer to serve as an Advisor and Honorary Chair of the Board of Directors, and Co-Chair of the Scientific Advisory Board

 

·Company well-positioned to drive short- and long-term value creation via its wholly-owned pipeline and strategic partnerships

 

·Robust balance sheet following recently achieved milestones, with multiple further near-term value-inflection milestones

 

Lausanne, Switzerland, 12 May 2026 -- AC Immune SA (Nasdaq: ACIU), a clinical-stage biopharmaceutical company pioneering precision therapeutics for neurodegenerative diseases,  today announces that Dr Andrea Pfeifer has decided to retire from her role as Chief Executive Officer (CEO) of AC Immune at the upcoming Annual General Meeting (AGM) to spend more time with her family.

 

AC Immune’s Board of Directors has appointed the Chair, Dr Martin Zügel, to serve as interim CEO while the ongoing search for a permanent successor continues. Dr Pfeifer will be engaged as an Advisor to facilitate the transition and will be appointed as Honorary Chair of the Board of Directors and Co-Chair of the Scientific Advisory Board. The Board appointed a leading industry consultant to conduct the CEO search.

 

Dr Pfeifer, Chief Executive Officer of AC Immune, commented: “It has been a great honor to serve as CEO of AC Immune together with so many dedicated and brilliant colleagues over the years, not least my co-founders. From our foundation, the evolution of the company has been driven by shared purpose and guided by strong science, clear values and integrity. I would like to thank the Board, and especially our Chair Martin Zügel, for their leadership and for allowing me to step back and retire so that I can focus on my family at this time. I will remain available to support Martin in his role as interim CEO during this transition period.”

 

 

 

Martin Zügel, MD, Chair of the Board of Directors and interim CEO-designate, said, “The Board and I salute the exceptional contribution Andrea has made to AC Immune and respect her decision to retire from her executive role. Throughout her tenure as CEO, Andrea has led with clarity of vision, decisive leadership, and unwavering integrity, consistently championing the company’s long-term potential. She leaves behind a highly capable organization, well-positioned to deliver transformative therapies for Alzheimer’s, Parkinson’s and other neurodegenerative diseases. With three Precision Prevention candidates for Alzheimer’s and Parkinson’s already in the clinic and strategic partnerships with Eli Lilly, Takeda and Johnson & Johnson, the company is entering its next phase from a position of real strength. We are confident that as the pipeline matures, Andrea’s impact will become even more evident.”

 

Ends

 

For further information, please contact:

 

SVP, Investor Relations & Corporate Communications

 

Gary Waanders, Ph.D., MBA
AC Immune
Phone: +41 21 345 91 91
Email: gary.waanders@acimmune.com

   

International Media

Chris Maggos
Cohesion Bureau
Phone: +41 79 367 6254
Email: chris.maggos@cohesionbureau.com

 

 

About AC Immune SA

 

AC Immune SA is a clinical-stage biopharmaceutical company and a global leader in precision prevention for neurodegenerative diseases, including Alzheimer’s disease, Parkinson’s disease, and NeuroOrphan indications driven by misfolded proteins. The Company’s two clinically validated technology platforms, SupraAntigen® and Morphomer®, fuel its pipeline of first- and best-in-class assets, which currently features a range of therapeutic and diagnostic programs, including candidates in Phase 2 and Phase 3 development. AC Immune has a strong track record of securing strategic partnerships with leading global pharmaceutical companies, resulting in substantial non-dilutive funding to advance its proprietary programs and >$4.5 billion in potential milestone payments plus royalties.

 

SupraAntigen® is a registered trademark of AC Immune SA in the following territories: AU, EU, CH, GB, JP, RU, SG and USA. Morphomer® is a registered trademark of AC Immune SA in CA, CN, CH, EU, GB, JP, KR, NO, RU and SG.

 

The information on our website and any other websites referenced herein is expressly not incorporated by reference into, and does not constitute a part of, this press release.

 

 

 

About Dr Pfeifer

 

Dr Pfeifer co-founded AC Immune SA in 2003 as CEO and has shaped the company into a resilient, innovation-driven, pioneering clinical-stage biopharmaceutical company developing precision therapeutics for neurodegenerative diseases. Dr Pfeifer listed the company on the Nasdaq stock exchange in 2016. She has been widely recognized for her leadership in defining global clinical development strategies linked to the prevention and disease modification of both Alzheimer’s and Parkinson’s diseases.

 

About Dr  Zügel

 

Martin Zügel, MD, Chair of the AC Immune Board of Directors and interim CEO-designate, is an experienced executive with 30 years at the executive and board level in multinational healthcare companies. Dr. Zügel is a board member at Grünenthal, a global pharma company in pain management, Chair of the Board of AMW GmbH, a pharma company specializing in biodegradable drug delivery systems, and MESI Ltd, a medical diagnostics company. Earlier in his career, Dr. Zügel was CEO of Merz Pharma GmbH. During his tenure at Merz, he was instrumental in building memantine into a blockbuster Alzheimer’s drug in close collaboration with Forest Labs, Daiichi Sankyo and Lundbeck A/S. Dr. Zügel has also served as Chair, director, executive or advisor with several biotech companies and has acted as advisor to biotech/pharma investors.

 

 

FAQ

When will AC Immune (ACIU) CEO Dr Andrea Pfeifer retire?

Dr Andrea Pfeifer will retire as CEO of AC Immune at the Annual General Meeting on 11 June 2026. She will then stay involved as Advisor, Honorary Chair of the Board, and Co-Chair of the Scientific Advisory Board to support leadership continuity.

Why is AC Immune (ACIU) CEO Dr Andrea Pfeifer retiring?

Dr Andrea Pfeifer is retiring from her role as CEO to spend more time with her family. AC Immune explicitly states her decision is not due to any disagreement regarding the company’s operations, policies, or practices, indicating a planned succession rather than a dispute-driven exit.

Who will lead AC Immune (ACIU) after Dr Pfeifer’s retirement?

The Board has appointed its Chair, Dr Martin Zügel, as interim CEO while a search for a permanent successor continues. Dr Zügel will retain his role as Chair of the Board and has extensive executive and board-level experience in multinational healthcare and biotech companies.

What ongoing role will Dr Andrea Pfeifer have at AC Immune (ACIU)?

After retiring as CEO, Dr Pfeifer will remain engaged as an Advisor, Honorary Chair of the Board, and Co-Chair of the Scientific Advisory Board. These positions keep her experience and scientific insight available to AC Immune during the leadership transition and ongoing pipeline development.

What is AC Immune (ACIU) focusing on after this leadership change?

AC Immune remains focused on precision prevention and therapeutics for neurodegenerative diseases, including Alzheimer’s and Parkinson’s. It highlights three Precision Prevention candidates already in the clinic and strategic partnerships with Eli Lilly, Takeda, and Johnson & Johnson supporting its clinical-stage pipeline.

How established is AC Immune (ACIU) in neurodegenerative disease research?

AC Immune describes itself as a clinical-stage biopharmaceutical leader in precision prevention for neurodegenerative diseases. Its SupraAntigen and Morphomer platforms support therapeutic and diagnostic programs, including Phase 2 and Phase 3 candidates, and partnerships with major pharma companies with over $4.5 billion in potential milestones.

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