Arena Pharmaceuticals is searching for a new chief finance officer after Robert Hoffman resigned from his role.

Mr Hoffman has accepted another position within the healthcare industry and will leave the company in March.

Jack Lief, Arena’s President and Chief Executive Officer, thanked him for his “many years of valuable service”.

Jennifer Bielasz, Senior Director of Accounting and Controller, and Carolyn Felzer, Senior Director of Finance, will continue to play “key leadership roles”, Arena said.

“Robert has built a strong finance team at Arena, and we are focused on ensuring a smooth transition when he departs next month,” said Mr Lief.