Joseph Ferraro has been named senior vice president, general counsel, chief compliance officer and secretary of Catalent, the Somerset-based company announced Monday.
In his role, Ferraro will be responsible for managing Catalent’s global legal and compliance operations, head up the company’s legal leadership team and serve on its executive leadership team.
Catalent, an S&P 500 company, is a global leader in enabling pharma, biotech and consumer health partners to optimize product development, launch and full life-cycle supply for patients around the world.
With broad and deep scale and expertise in development sciences, delivery technologies and multimodality manufacturing, Catalent is a preferred industry partner for personalized medicines, consumer health brand extensions and blockbuster drugs.
Catalent, based in Somerset, helps accelerate over 1,000 partner programs and launch over 150 new products every year. Its flexible manufacturing platforms at over 50 global sites supply around 80 billion doses of nearly 8,000 products annually.
Catalent’s expert workforce of approximately 18,000 includes more than 3,000 scientists and technicians. The company generated nearly $5 billion in revenue in its 2022 fiscal year.
Ferraro has extensive experience in similar senior roles at public companies, and most recently served as chief legal officer and secretary for Innovate Corp.
At Innovate, he managed global legal and compliance operations for a publicly traded, diversified holding company with a complex portfolio of subsidiaries engaged in life sciences, infrastructure, broadcasting, insurance, marine services, energy, telecommunications and other businesses, including domestic and cross-border mergers & acquisitions deals aggregating several billion dollars, corporate finance and capital markets transactions, SEC filings, governmental affairs and regulatory and legal compliance, corporate governance, and litigation and risk management.
Ferraro holds a law degree with honors from the Law School at the University of Chicago, where he was a managing editor of the University of Chicago Law Review, and a Bachelor of Arts cum laude in public and international affairs from Princeton University. He is NACD Directorship Certified.