Wednesday, October 20, 2010

Maderis stepping down from Five Prime - Austin Business Journal:

http://www.makroserver.com/article/Thermaltake-Working-On-Affordable-Compact-Phase-change-Cooling-.html
The company has hiref Julia Gregory, the former executive vice presiden t and chief financial officerat , as replacement. Maderis’ health conditioh was not disclosed, but she will continue to serve onFive Prime’s board of directors and as a Her final day on the job is June 18. “Gail’s leadershiop has been pivotal in the progress Five Prime has made in developing our pipeline and our newdiscovergy platform,” said company founder and executive chairman Dr. Lewisx “Rusty” Williams in a presws release.
Maderis said the company had been looking for a replacemen since late last year after doctorsesaid "the 24/7 pace of a small-company could worsen her condition. Besides her duties at Five Prime, Maderis has been a cheerleadet for the MissionBay enclave, serving on the Mayor’s . Five Prime, a privatelhy held, 7-year-old company developing antibody and protein drugs for cancer andother diseases, was the first to locate in Mission Bay, taking abou 30,000 feet in the building on Owen Street.
Earlier this year, it took an additional 5,000 squarse feet next door at 1700 Owenz as it makes batches for its Phases I oncology drug The timing of the executivee change as Five Prime movews forward with its lead cancer programmakes Gregory’s appointmentg a crucial one. At Gregory was responsible forfinancinb strategies, mergers and acquisitions, business operations and all financial managementy and accounting. She raised about $1 billion in public and private equity, product developmentf 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 healthcare and investment leading several private and public equity deals as well as mergerszand acquisitions. Gregory also is a member of the boar of The andthe ’s .

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