A life science research tools company has announced the appointment of a new chief financial officer.
Michael Baldock will be Abcam CFO from February, taking over from Gavin Wood.
Mr Baldock has over 30 years of relevant functional and sector experience acquired through senior leadership roles at HSBC, Lazard, Bentley Health Care and SG Warburg.
He is a founding partner at Ondra Partners, an independent financial advisory firm which has advised Abcam for several years.
The Abcam board believes that his experience, deep sector expertise and knowledge of Abcam make him an ideal candidate to lead their financial and strategic growth plans.
Abcam chairman Peter Allen said: “Following an extensive and thorough process, the board was unanimous in its view that Michael is the right candidate to join Abcam.
“We have known and trusted Michael for several years and I am pleased that we have been able to attract him to join us.”
Abcam CEO Alan Hirzel said: “Michael’s experience will be valuable for us as we deliver our strategy. His energy and passion for our business will fit well with our teams. We are excited to welcome Michael to the business.”
Mr Baldock said: “I am excited to be joining Abcam on the next stage of its journey.
“Having worked closely with Alan and the team, I have been impressed by the company and its potential.
“I am looking forward to working with Alan, the executive leadership team and the board in implementing the company’s strategic vision and delivering continued long term, profitable growth.”
