Compugen Announces Appointment of Ronit Lerner as Chief Financial Officer and Rachel Bart as General Counsel
30 Abril 2007 - 6:10AM
Business Wire
Compugen Ltd. (NASDAQ:CGEN) announced today the appointment of
Ronit Lerner as Chief Financial Officer and Rachel Bart as General
Counsel. Prior to joining Compugen, Ms. Lerner was the Chief
Financial Officer at Shunra Software Ltd, and before that at BMC
Software Israel, a subsidiary of BMC Software, Inc. (NYSE:BMC).
Prior to BMC, she served as director of M&A and Accounting for
ECI Telecom (NASDAQ:ECIL) and had held senior positions with the
Israel Accounting Standards board, an affiliate of the Israel
Securities Authority, and KPMG. Ms. Lerner currently serves as a
director and chairman of the audit committee of Viryanet Ltd.
(NASDAQ:VRYA). She holds an MBA, with honors, from Bar Ilan
University, and a BA in Accounting and Business Administration from
the Tel Aviv Management College, and is a certified public
accountant in Israel. Rachel Bart joins Compugen from Teva
Pharmaceutical Industries Ltd., where she held the position of
Assistant General Counsel. Ms. Bart has extensive experience in
corporate and transactional law; in addition to Teva, she worked
previously at law firms both in the US and Israel. She holds a J.D.
from the Benjamin N. Cardozo School of Law in New York and a BA in
Government from Oberlin College in Ohio. Nurit Benjamini,
Compugen�s departing CFO, has decided to leave the company after
more than seven years, but will remain an employee through a
transition period. Amos Meltzer, Compugen�s General Counsel for the
past five years, has relocated to Australia and is continuing as a
consultant to the Company. �We are delighted to welcome Ronit and
Rachel to Compugen and I am confident that we will benefit from
their extensive experience and proven management and professional
capabilities, particularly as we continue to expand Compugen�s
licensing and co-development operations,� said Alex Kotzer,
President and Chief Executive Officer of Compugen. �Also, I would
like to take this opportunity to publicly thank both Nurit and Amos
for their substantial and long term contributions to the company. I
extend heartfelt appreciation to both of them and best wishes on
behalf of the entire organization.� About Compugen Compugen�s
mission is to be the world leader in the discovery and licensing of
product candidates to the drug and diagnostic industry. The
Company�s powerful discovery engines enable the predictive
discovery of numerous potential therapeutics and diagnostic
biomarkers. This capability results from the Company�s decade-long
pioneering efforts in the deeper understanding of important
biological phenomena at the molecular level through the
incorporation of ideas and methods from mathematics, computer
science and physics into biology, chemistry and medicine. To date,
Compugen�s diagnostic and therapeutic product discovery efforts and
its initial discovery engines have focused mainly within the areas
of cancer, immune-related and cardiovascular diseases. The
Company's primary commercialization pathway for its therapeutic and
diagnostic product candidates is to enter into milestone and
revenue sharing out-licensing and joint development agreements with
leading companies. Compugen has established an agricultural
biotechnology affiliate � Evogene, and a small-molecule drug
discovery affiliate � Keddem Bioscience. For additional
information, please visit Compugen's corporate Website at
www.cgen.com. This press release may contain "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. These statements include words such as �may�,
�expects�, �anticipates�, �believes�, and �intends�, and describe
opinions about future events. These forward-looking statements
involve known and unknown risks and uncertainties that may cause
the actual results, performance or achievements of Compugen to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. Some of these risks are: changes in relationships with
collaborators; the impact of competitive products and technological
changes; risks relating to the development of new products; and the
ability to implement technological improvements. These and other
factors are identified and more fully explained under the heading
"Risk Factors" in Compugen's annual reports filed with the
Securities and Exchange Commission.
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