contractpharmaAugust 09, 2019
Codexis, Inc. has appointed Ross Taylor as Senior Vice President and Chief Financial Officer effective August 19, 2019. Mr. Taylor will be responsible for managing all aspects of the company’s financial, accounting, investor relations, and several corporate administrative functions, and will report to president and Chief Executive Officer John Nicols. Codexis CFO Gordon Sangster will remain with the company through the end of August, at which time he will retire.
"Ross brings to Codexis more than 20 years of healthcare financial leadership experience, most recently as CFO of Abaxis. Given his extensive industry experience and equity capital markets background, I am confident he will seamlessly step in to help Codexis continue to grow and succeed," stated Mr. Nicols. "Additionally, his significant analytical strengths and strategic approach, refined across a diverse set of businesses and industry sectors, position him to add significant value as we expand across a growing set of markets and partnerships."
Mr. Taylor served as CFO at Abaxis, Inc. from 2015 through the sale of the company to Zoetis in July 2018. Abaxis was a diagnostic instruments and consumables company for both the veterinary and human healthcare markets with $245 million in annual revenue at the time of the acquisition. Prior to his position as CFO, Mr. Taylor was Vice President of Business Development and Investor Relations at Abaxis. Previously, Mr. Taylor served for more than 20 years in equity research at various Wall Street firms including CL King & Associates, where he covered healthcare equipment and supplies, UBS, where he covered biotechnology, and Smith Barney, where he covered healthcare services.
Mr. Nicols added, "We are grateful that our outstanding CFO Gordon Sangster will remain through August to ensure a smooth transition to Ross. On behalf of our board and the entire team at Codexis, I thank Gordon for his significant contributions to the renewed growth of Codexis under his five years of exceptional leadership. We wish him all the best in his retirement."
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