Pharming Group NV (EURONEXT: PHARM) proposed the election of Mr Robin Wright as the Company’s new Chief Financial Officer (CFO) and member of the Management Board at an Extraordinary General Meeting (“EGM”) of shareholders, to be held on Wednesday 28 October 2015 at 14:00 hrs CET.
Mr Wright will be responsible for the financial management, accounting and investor relations activities of the Company within the CFO role, which has previously been undertaken by CEO, Dr De Vries, and will serve as a member of the Board of Management. Following the election of Mr Wright to the Board, the Board of Management will consist of Mr Robin Wright (CFO), Prof Bruno Giannetti (COO) and Dr Sijmen de Vries (CEO and Chairman).
Mr Wright is a British citizen. He has extensive senior level experience as a CFO of public companies in both the pharmaceutical and biotechnology industries. He is a qualified accountant and joins Pharming from Sweden-based Karolinska Development AB (KDEV:SS), where he was CFO and Head of Business Development until 2014. Mr Wright was also CFO and Head of Business Development at Orexo AB (ORX:SS) in Sweden. Prior to this, he worked in private equity and corporate finance advisory roles, including long periods at Citibank Salomon Smith Barney and Barclays de Zoete Wedd. He has completed over 165 global license and M&A transactions as well as many financing transactions within the pharma/biotech sector. Mr Wright holds a BA degree in chemistry from Oxford University and is a Fellow of the Institute of Chartered Accountants in England and Wales in the UK.