Affymetrix Appoints Gavin Wood as Executive Vice President and Chief Financial Officer
May 20 2013 - 6:00AM
Business Wire
Affymetrix, Inc. (NASDAQ: AFFX) today announced it has appointed
Mr. Gavin Wood to the position of Executive Vice President and
Chief Financial Officer. Mr. Wood joined Affymetrix in 2006 and
served most recently as VP Finance, International Controller based
in the United Kingdom.
Mr. Wood will report to President and Chief Executive Officer
Frank Witney and will oversee Affymetrix’s finance, accounting,
information technology, facilities and investor relations
functions. He will also become part of Affymetrix’s executive
management team, which is responsible for directing all aspects of
company strategy, planning and operations.
“I firmly believe that we need a CFO that understands the
dynamics of our business and has the knowledge and energy to drive
change in an organization that is in transformation. As a senior
leader of our international team since 2006, Gavin has consistently
proven that he can do that,” said Frank Witney, President and CEO.
“I’d like to extend a welcome to Gavin and his family who will be
relocating to California.”
“I am very excited to have the opportunity to lead our global
finance organization,” said Mr. Wood. “Our priorities are clear,
including returning to growth and sustained profitability and
strengthening our balance sheet. I look forward to working with the
executive team to deliver on our strategic plan to grow the
business in translational medicine, clinical diagnostics and the
applied markets.”
Mr. Wood joined Affymetrix in 2006 and has held a number of
positions within the Group, most recently as VP Finance,
International Controller, responsible for Europe and APAC. During
his tenure with Affymetrix, Mr. Wood has managed the integration
and consolidation of a number of European acquisitions, most
recently eBioscience, as well as restructuring the support
organization and providing leadership to the European commercial
team. Gavin is a Chartered Accountant who qualified with the London
Accountancy Practice Morgan Brown Spofforth in 1997 before moving
to Grant Thornton LLP. In 1999 he joined Unipart Group of Companies
where he held a number of positions including Business Unit
Controller and Business Process Manager for a major ERP system
implementation in North America.
Tim Barabe, the current CFO, is expected to retire from
Affymetrix effective June 28, 2013.
“I would like to thank Tim for the contributions that he has
made to Affymetrix and wish him well in his future endeavors,” said
Witney.
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