14th Jan 2020 08:43
(Alliance News) - Abcam PLC said Tuesday it has appointed Michael Baldock as chief financial officer with effect on February 3.
He will be succeeding Gavin Wood, who will be stepping down from his role at the life science research tools supplier after four years in the role since 2016.
Baldock is a founding partner at financial advisory firm Ondra Partners, which has advised Abcam for several years.
"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," said Chair Peter Allen.
Shares in Abcam - which is based in Cambridge - were up 0.9% at 1,365.00 pence on Tuesday in London.
By Dayo Laniyan; [email protected]
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