Editas Medicine Inc said Dec. 21 that CFO Andrew Hack, M.D., Ph.D., is stepping down effective March 1. Editas said he is returning to the investment industry. The Boston Business Journal is reporting that Hack is joining Bain Capital as a managing director. Editas is a genome editing company.
Editas Medicine Announces Transition of Chief Financial Officer
CAMBRIDGE, Mass., Dec. 21, 2018 (GLOBE NEWSWIRE) — Editas Medicine, Inc.(NASDAQ: EDIT), a leading genome editing company, today announced that its Chief Financial Officer, Andrew Hack, M.D., Ph.D., will be stepping down from the Company, effective March 1, 2019, to return to the investment industry. A search is underway to find a successor to Dr. Hack.
“I want to thank Andrew for his distinguished service to the organization, as well as to the broader field of genome editing,” said Katrine Bosley, President and Chief Executive Officer, Editas Medicine. “Andrew has played an important role building a sustainable and valued business at Editas Medicine and preparing us for the bright future we believe lies ahead. We wish him all the best as he returns to his passion of investing in growing life science companies, and we look forward to working with him on a smooth transition.”
“I’m fortunate to have been able to contribute to building Editas Medicine during a truly remarkable time for the both the Company and the field of genome editing,” stated Dr. Hack. “I am pleased to have been part of the success of the organization, and believe that, with the FDA acceptance of our IND for our LCA10 program, this is a natural transition point. I look forward to watching Editas Medicine’s future success in the years ahead.”
As a leading genome editing company, Editas Medicine is focused on translating the power and potential of the CRISPR/Cas9 and CRISPR/Cpf1 (also known as Cas12a) genome editing systems into a robust pipeline of treatments for people living with serious diseases around the world. Editas Medicine aims to discover, develop, manufacture, and commercialize transformative, durable, precision genomic medicines for a broad class of diseases. For the latest information and scientific presentations, please visit www.editasmedicine.com.
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