NEW YORK, March 17, 2026 (GLOBE NEWSWIRE) -- Royalty Pharma plc (NASDAQ:RPRX) today announced an expansion of its leadership team. Greg Butz will join Royalty Pharma as Executive Vice President, Partnering & Investments, effective June 2026. Greg joins Royalty Pharma from Bank of America, where he was the Global Co-Head of Healthcare Investment Banking.

"We are thrilled that Greg will join Royalty Pharma and strengthen our leadership team," said Pablo Legorreta, Chief Executive Officer and Chairman of the Board of Royalty Pharma. "Greg brings tremendous experience advising healthcare companies on capital raising, strategy, and mergers and acquisitions and he will be a critical addition to our team. As our market opportunity continues to expand and transaction activity increases, adding a leader of Greg's caliber further strengthens our ability to serve partners in the rapidly growing royalty market. I am energized by the recent expansion of our leadership team, including the addition of Ken Sun as our new Head of Asia. Together, Greg and Ken working with Chris Hite will be highly complementary and will enhance our ability to originate and execute differentiated royalty transactions worldwide."

In connection with hiring Mr. Butz, Chris Hite has been appointed Chairman, Partnering & Investments where he will continue to expand Royalty Pharma's global relationship network and play a central role in transactions. Pablo Legorreta commented "We are delighted that Chris will continue to provide strong leadership and leverage his relationships in a new role at Royalty Pharma. Chris is a highly valued partner whose leadership, insight, and dedication have been instrumental to the growth and evolution of Royalty Pharma, as well as to the advancement of the broader royalty market."

"Greg is the ideal addition to Royalty Pharma, bringing over two decades of experience and strong relationships across the biopharmaceutical ecosystem," said Chris Hite, Chairman, Partnering & Investments of Royalty Pharma. "I look forward to partnering with Greg to further advance Royalty Pharma's global platform and execute on the significant opportunities ahead."

"I am honored to join Royalty Pharma at this exciting time," said Greg Butz. "Royalty Pharma has established royalties as a core part of the capital structure for many of the highest quality biopharmaceutical companies in the industry. I look forward to facilitating creative, win-win funding solutions and helping our partners achieve their goals."

Greg Butz Biography

Greg Butz joins Royalty Pharma from Bank of America where he served as Global Co-Head of Healthcare Investment Banking. At Bank of America, Greg worked with public and private biopharma companies across a range of capital raising and strategic advisory transactions. Prior to his acting as Global Co-Head of Healthcare, Greg held Co-Head North American Healthcare Investment Banking and Head of Life Sciences Investment Banking roles at Bank of America. Greg graduated with a BA from Williams College and received an MBA from Dartmouth.

About Royalty Pharma

Founded in 1996, Royalty Pharma is the largest buyer of biopharmaceutical royalties and a leading funder of innovation across the biopharmaceutical industry, collaborating with innovators from academic institutions, research hospitals and non-profits through small and mid-cap biotechnology companies to leading global pharmaceutical companies. Royalty Pharma has assembled a portfolio of royalties which entitles it to payments based directly on the top-line sales of many of the industry's leading therapies. Royalty Pharma's current portfolio includes royalties on more than 35 commercial products, including Vertex's Trikafta and Alyftrek, GSK's Trelegy, Biogen's Tysabri and Spinraza, Roche's Evrysdi, Astellas and Pfizer's Xtandi, Johnson & Johnson's Tremfya, AbbVie and Johnson & Johnson's Imbruvica, Servier's Voranigo, Gilead's Trodelvy, Amgen's Imdelltra and Alnylam's Amvuttra, among others, and 19 development-stage product candidates. For more information, visit www.royaltypharma.com.

Forward-Looking Statements

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For further information, please reference Royalty Pharma's reports and documents filed with the U.S. Securities and Exchange Commission ("SEC") by visiting EDGAR on the SEC's website at www.sec.gov.

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Royalty Pharma Announces Expansion of Leadership Team