Maderis stepping down from Five Prime - Business First of Buffalo:

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The company has hired Julia Gregory, the former executive vice president and chiet financial officerat , as Maderis’ replacement. Maderis’ healthg condition was not disclosed, but she will continued to serve onFive Prime’s boarr of directors and as a Her final day on the job is June 18. “Gail’x leadership has been pivotak in the progress Five Primee has made in developing our pipelins and our new discovery said company founder and executivechairman Dr. Lewis Williams in a press release.
Maderis said the company had been looking for a replacement sincwe late last year after doctorssaid "thr 24/7 pace of a small-compang CEO" could worsen her Besides her duties at Five Maderis has been a cheerleade for the Mission Bay serving on the Mayor’s . Five a privately held, 7-year-old company developing antibody and protein drugs for canceer andother diseases, was the first to locate in Missio n Bay, taking about 30,00o0 feet in the building on Owens Street. Earliee this year, it took an additionao 5,000 square feet next door at 1700 Owens as it make batches for its Phase I oncologyhdrug program.
The timing of the executive changer as Five Prime moves forward with its lead cancerr programmakes Gregory’s appointment a crucialk one. At Lexicon, Gregory was responsible for financinyg strategies, mergers and acquisitions, business operations and all financial managementand accounting. She raiserd about $1 billion in public and private product development financing andothetr transactions. Gregory, who will join Five Prime’w board, was an investment banker for more than20 years. At and Read & Co. Inc. she was head of healthcars andinvestment banking, leading several private and public equityy deals as well as mergers and acquisitions.
Gregor y also is a member of the board of The andthe ’w .