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Kite Pharma Appoints Cynthia M. Butitta as Chief Financial Officer
Date:1/8/2014

LOS ANGELES, Jan. 8, 2014 /PRNewswire/ -- Kite Pharma, Inc. (Kite), a clinical-stage biotechnology company focused on developing engineered autologous T cell therapy (eACT™) products for cancer, today announced the appointment of Cynthia M. Butitta to the newly created position of Executive Vice President and Chief Financial Officer.  A veteran financial and operational executive, Ms. Butitta brings over 20 years' experience in leadership roles in the biotech and technology industries.  Her appointment is effective immediately.

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Arie Belldegrun, M.D., Founder and Executive Chairman of the Board of Kite Pharma, commented, "Cindy has an outstanding track record and depth and breadth of experience in capital fund raising, strategic planning and investor relations at both private and public biotechnology companies.  We are delighted to welcome her to the team and believe her unique capabilities and expertise will greatly benefit Kite as we pursue our clinical and business objectives."

Prior to joining Kite, Ms. Butitta served as Senior Vice President, Chief Financial Officer of NextWave Pharmaceuticals.  During her tenure, Ms. Butitta was responsible for finance and administration, distribution and project management and played a key role in the Company's acquisition by Pfizer, Inc. for $700 million.  Previously, she was Chief Financial Officer and Chief Operating Officer of Telik, Inc.  At Telik, Ms. Butitta was responsible for securing over $450 million through an IPO and subsequent follow-on offerings and oversaw financial reporting and controls, investor relations, information technology, manufacturing, quality, project management and commercial operations.  Previously, she served as Vice President of Finance and Admini
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SOURCE Kite Pharma, Inc.
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