Wednesday, April 30, 2014

Closed-Door Session Begins for Selection of New CEO for California Stem Cell Agency

BURLINGAME, Ca. -- The governing board of the $3 billion stem cell agency is meeting behind closed doors this morning to pick a new president to lead the organization.

The session began at 9:13 a.m. PDT at the Hyatt Regency here. CIRM Chairman Jonathan Thomas said prior to the meeting that he expected the session to go smoothly. The session is not scheduled to adjourn until 5 p.m. PDT.

The CIRM directors are scheduled to interview an undisclosed number of finalists, all of whom who are believed to come from the private sector. Warren Ross of the Korn/Ferry search firm, which was hired to assist in recruitment, told the California Stem Cell Report that roughly 20 persons applied originally. He said eight to 10 were given serious consideration, and he had high, general praise for their qualifications.

The new president will replace Alan Trounson, who is leaving to rejoin his family in Australia.  

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