Maderis stepping down from Five Prime - Phoenix Business Journal:

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The company has hired Julia Gregory, the former executive vice president and chieg financial officerat , as Maderis’ replacement. Maderis’ healthg condition was not disclosed, but she will continuse to serve onFive Prime’s board of directors and as a Her final day on the job is June 18. “Gail’s leadership has been pivotal in the progresws Five Prime has made in developingh our pipeline and our newdiscovery platform,” said company founderr and executive chairman Dr.
Lewis “Rusty” Williams in a press Maderis said the companyu had been looking for a replacement since late last year after doctorxsaid "the 24/7 pace of a small-companu CEO" could worsen her Besides her duties at Five Prime, Maderis has been a cheerleade for the Mission Bay enclave, serving on the Mayor’s . Five a privately held, 7-year-old companh developing antibody and protei n drugs for cancer andothee diseases, was the first to locate in Mission Bay, taking about 30,000 feet in the buildingt on Owens Street. Earlier this year, it took an additional 5,000 square feet next door at 1700 Owens as it makesa batches for its Phase I oncologuydrug program.
The timing of the executive change as Five Primr moves forward with its lead cancer programmakes Gregory’ appointment a crucial one. At Gregory was responsible forfinancing strategies, mergersw and acquisitions, business operationz and all financial management and accounting. She raises about $1 billion in public and private equity, product developmentr financing andother transactions. Gregory, who will join Five Prime’ s board, was an investment banker for more than 20 Atand Dillon, Read & Co. Inc. she was head of healthcarre andinvestment banking, leading several private and public equity dealx as well as mergersd and acquisitions.
Gregory also is a member of the board of The andthe ’se .