Two pharmaceutical giants, both of which manufacture COVID-19 vaccines, on Tuesday announced shakeups of their executive staffs.

Arpa Garay, the former chief commercial officer of Moderna, has left her role as the

company moves to "increase executive focus" on sales. Angela Hwang, chief commercial officer and global biopharma president of Pfizer, will depart after 27 years with the company. The move comes as Pfizer expects to close its $43 billion deal to buy cancer drugmaker Seagen later this week and plans to create a new oncology division that includes the acquisition early next year.

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