{"id":410255,"date":"2021-01-07T08:03:15","date_gmt":"2021-01-07T13:03:15","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=410255"},"modified":"2021-01-07T08:03:15","modified_gmt":"2021-01-07T13:03:15","slug":"effector-appoints-mike-byrnes-as-chief-financial-officer","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/effector-appoints-mike-byrnes-as-chief-financial-officer\/","title":{"rendered":"eFFECTOR Appoints Mike Byrnes as Chief Financial Officer"},"content":{"rendered":"<h2>\nAlana McNulty, CFO since 2012, to serve as chief business officer<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"left\">SAN DIEGO, Jan.  07, 2021  (GLOBE NEWSWIRE) &#8212; eFFECTOR Therapeutics, Inc., a leader in the development of selective translation regulation inhibitors (STRIs) for the treatment of cancer, today announced that it has appointed Mike Byrnes as chief financial officer. In addition, the company announced that Alana McNulty, who has served as both chief financial officer and chief business officer since 2019, will remain in her role as chief business officer.<\/p>\n<p>\u201cWith his extensive finance experience in biotechnology companies, Mike will be a great addition to our already strong management team, which, combined with our notable progress in advancing tomivosertib and zotatifin in oncology, position eFFECTOR for significant growth in the years ahead,\u201d said Steve Worland, Ph.D., president and CEO of eFFECTOR. \u201cFurther, I am delighted that Alana will be fully focused on a role in which she has excelled, having shown tremendous business development acumen in negotiating our partnership for eIF4E with Pfizer, which has the potential to generate more than $500 million in total payments.\u201d<\/p>\n<p>Mike Byrnes previously was senior vice president of finance at Principia Biopharma, Inc. (PRNB), which was acquired by Sanofi in September 2020. Prior to that, Mr. Byrnes served as chief financial officer of Alkahest, Inc. from May 2018 to January 2020 and chief financial officer of Ocera Therapeutics, Inc. (OCRX), from December 2014 until its acquisition by Mallinckrodt Pharmaceuticals in December 2017. Mr. Byrnes served as corporate controller of Maxygen, Inc. (MAXY) from March 2010 to December 2014 and prior to that, held finance positions of increasing responsibility from 2000 to 2010 with NeurogesX (NGSX), Inc., Lipid Sciences, Inc. (LIPD) and ADAC Laboratories, Inc. (ADAC). Mr. Byrnes received his B.S.C. in finance from Santa Clara University and an M.B.A. from California State University, Hayward.<\/p>\n<p>\u201cThe team at eFFECTOR is absolutely devoted to following the science with its pipeline of novel drug candidates,\u201d noted Mr. Byrnes. \u201cI believe eFFECTOR is poised to usher in significant growth and improve the lives of patients dealing with devastating diseases like cancer. I\u2019m excited to join eFFECTOR and look forward to delivering value to our many stakeholders.\u201d<\/p>\n<p>\n        <strong>About eFFECTOR<\/strong>\n      <\/p>\n<p>eFFECTOR is a next-generation oncology company developing a new class of targeted therapies called selective translation regulator inhibitors (STRIs). Tomivosertib, eFFECTOR\u2019s MNK1\/2 inhibitor is expected to enter KICKSTART, a randomized Phase 2 trial in non-small cell lung cancer (NSCLC) in combination with pembrolizumab, in Q1 2021. Zotatifin, eFFECTOR\u2019s inhibitor of eIF4A, is in a dose-escalation Phase 1 trial, with expansion cohorts expected to open in H1 2021. eFFECTOR has a partnership with Pfizer developing inhibitors of eIF4E.<\/p>\n<p>\n        <strong>Contacts:<\/strong><br \/>\n        <br \/>\n        <strong>Investors:<\/strong><br \/>\n        <br \/>Amy Conrad<br \/>Juniper Point<br \/>858-366-3243<br \/><u><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=bcdkfFV9-kMAt25fv4XA5ZHPZG--xv3MU1RV6CqGg0P6MZ9RHWwvjn8l0tW7jcZsC3wupZ0OJHV54_NFzljfdLkrOlySUlMvKln5CxYcuUQ=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">amy@juniper-point.com<\/a><\/u><\/p>\n<p><strong>Media:<\/strong><br \/>Heidi Chokeir, Ph.D.<br \/>Canale Communications<br \/>619-849-5377<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=2WGFbeY4tlUgJsxr1lCHEsvs7bJ8XMRCocy-ZD_DLFyHNjKTymD3i4Dtu3aHuEB-ZkS2rArAO1__sQhQjMXh7WNqEh3Z7H98DHaouiEkvRkb1kw6tPnS4GS49qcUGKMs\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">heidi.chokeir@canalecomm.com<\/a><\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyMTIwMyMzOTA2MjQ3IzIwODI1MTE=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/13ed1347-eafb-4ef2-807c-6d7d342aa872\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Alana McNulty, CFO since 2012, to serve as chief business officer SAN DIEGO, Jan. 07, 2021 (GLOBE NEWSWIRE) &#8212; eFFECTOR Therapeutics, Inc., a leader in the development of selective translation regulation inhibitors (STRIs) for the treatment of cancer, today announced that it has appointed Mike Byrnes as chief financial officer. In addition, the company announced that Alana McNulty, who has served as both chief financial officer and chief business officer since 2019, will remain in her role as chief business officer. \u201cWith his extensive finance experience in biotechnology companies, Mike will be a great addition to our already strong management team, which, combined with our notable progress in advancing tomivosertib and zotatifin in oncology, position eFFECTOR for significant growth in &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/effector-appoints-mike-byrnes-as-chief-financial-officer\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;eFFECTOR Appoints Mike Byrnes as Chief Financial Officer&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-410255","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>eFFECTOR Appoints Mike Byrnes as Chief Financial Officer - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/effector-appoints-mike-byrnes-as-chief-financial-officer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"eFFECTOR Appoints Mike Byrnes as Chief Financial Officer - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Alana McNulty, CFO since 2012, to serve as chief business officer SAN DIEGO, Jan. 07, 2021 (GLOBE NEWSWIRE) &#8212; eFFECTOR Therapeutics, Inc., a leader in the development of selective translation regulation inhibitors (STRIs) for the treatment of cancer, today announced that it has appointed Mike Byrnes as chief financial officer. In addition, the company announced that Alana McNulty, who has served as both chief financial officer and chief business officer since 2019, will remain in her role as chief business officer. \u201cWith his extensive finance experience in biotechnology companies, Mike will be a great addition to our already strong management team, which, combined with our notable progress in advancing tomivosertib and zotatifin in oncology, position eFFECTOR for significant growth in &hellip; Continue reading &quot;eFFECTOR Appoints Mike Byrnes as Chief Financial Officer&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/effector-appoints-mike-byrnes-as-chief-financial-officer\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-07T13:03:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyMTIwMyMzOTA2MjQ3IzIwODI1MTE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/effector-appoints-mike-byrnes-as-chief-financial-officer\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/effector-appoints-mike-byrnes-as-chief-financial-officer\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"eFFECTOR Appoints Mike Byrnes as Chief Financial Officer\",\"datePublished\":\"2021-01-07T13:03:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/effector-appoints-mike-byrnes-as-chief-financial-officer\\\/\"},\"wordCount\":462,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/effector-appoints-mike-byrnes-as-chief-financial-officer\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODEyMTIwMyMzOTA2MjQ3IzIwODI1MTE=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/effector-appoints-mike-byrnes-as-chief-financial-officer\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/effector-appoints-mike-byrnes-as-chief-financial-officer\\\/\",\"name\":\"eFFECTOR Appoints Mike Byrnes as Chief Financial Officer - 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In addition, the company announced that Alana McNulty, who has served as both chief financial officer and chief business officer since 2019, will remain in her role as chief business officer. \u201cWith his extensive finance experience in biotechnology companies, Mike will be a great addition to our already strong management team, which, combined with our notable progress in advancing tomivosertib and zotatifin in oncology, position eFFECTOR for significant growth in &hellip; Continue reading \"eFFECTOR Appoints Mike Byrnes as Chief Financial Officer\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/effector-appoints-mike-byrnes-as-chief-financial-officer\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-07T13:03:15+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyMTIwMyMzOTA2MjQ3IzIwODI1MTE=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/effector-appoints-mike-byrnes-as-chief-financial-officer\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/effector-appoints-mike-byrnes-as-chief-financial-officer\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"eFFECTOR Appoints Mike Byrnes as Chief Financial Officer","datePublished":"2021-01-07T13:03:15+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/effector-appoints-mike-byrnes-as-chief-financial-officer\/"},"wordCount":462,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/effector-appoints-mike-byrnes-as-chief-financial-officer\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyMTIwMyMzOTA2MjQ3IzIwODI1MTE=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/effector-appoints-mike-byrnes-as-chief-financial-officer\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/effector-appoints-mike-byrnes-as-chief-financial-officer\/","name":"eFFECTOR Appoints Mike Byrnes as Chief Financial Officer - 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