Friday, August 17, 2012

Maderis stepping down from Five Prime - Business Courier of Cincinnati:

tenamup.wordpress.com
The company has hired Juli Gregory, the former executive vice president and chief financiap officerat , as Maderis’ replacement. Maderis’ healthg condition was not disclosed, but she will continu to serve onFive Prime’s board of directorsz and as a consultant. Her final day on the job is June 18. “Gail’ leadership has been pivotal in the progress Five Prime has made in developing our pipelin and our new discovery said company founder and executivechairmabn Dr. Lewis “Rusty” Williams in a presx release.
Maderis said the companyt had been looking for a replacemenrt since late last year after doctorssaid "the 24/7 pace of a small-companyy CEO" could worsen her Besides her duties at Five Prime, Maderia has been a cheerleader for the Missioh Bay enclave, serving on the Mayor’a . Five Prime, a privately held, 7-year-olx company developing antibody and protein drugs for cancer andother diseases, was the firstt to locate in Mission Bay, taking abou t 30,000 feet in the buildinb on Owens Street. Earlier this year, it took an additional 5,00 0 square feet next door at 1700 Owensw as it makes batches for its Phase I oncologtydrug program.
The timin g of the executive change as Five Primee moves forward with its lead cancer programmakez Gregory’s appointment a crucial one. At Gregory was responsible forfinancing strategies, mergerse and acquisitions, business operations and all financial managemenr and accounting. She raised about $1 billion in public and private equity, producrt development financing andother transactions. who will join Five Prime’s was an investment banker for more than20 years. At and Read & Co. Inc. she was head of healthcarde andinvestment banking, leading several private and publi c equity deals as well as mergers and acquisitions.
Gregory also is a member of the boar of The andthe ’s .

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