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MARKHAM, ON, May 12 /PRNewswire/ - Cytochroma today announced that it has appointed R. Richard Wieland II as its Chief Financial Officer (CFO). Mr. Wieland, 63, brings to Cytochroma nearly 40 years of experience in finance and financial management, at both public and private companies, and will be based in Cytochroma's Illinois office.
"Rich has strong leadership skills, extensive experience managing finance departments and significant expertise in the capital markets," stated Charles W. Bishop, PhD, Cytochroma's President and CEO. "He joins Cytochroma at a critical inflection point in its growth. The Company now has multiple Vitamin D-based therapies in clinical development and it requires a seasoned CFO who can play a key role in expanding and evolving the corporate and financial infrastructure."
Previous to Cytochroma, Mr. Wieland was Executive Vice President & CFO of Advanced Life Sciences where he helped that company list on the NASDAQ stock market in 2005 and prepared it for Sarbanes-Oxley implementation. Mr. Wieland also led the successful initial public offering of MediChem Life Sciences, where he served as Executive Vice President & CFO. Earlier in his career, Mr. Wieland held senior level financial and management positions at BioGenex Laboratories, Cancer Treatment Centers, Fujisawa USA, LyphoMed and Procter & Gamble. He holds an MBA from Washington University and a Bachelor's degree in Accounting and Finance from Monmouth College.
"Cytochroma is at an exciting time in its development and has an outstanding management team in place," stated Mr. Wieland. "As CFO, I look forward to working with this team to build a strong and sustainable specialty pharmaceutical company."
Cytochroma has a diverse portfolio of Vitamin D-based therapeutics
designed to treat disorders related to abnormal or insufficient Vitamin D
metabolism in chronic kidney disease (CKD) patients. These new products
will address target markets that are expect
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| SOURCE Cytochroma Inc. Copyright©2008 PR Newswire. All rights reserved |