Buffalo, NY – Athenex announced today that Mr. J. Nick Riehle has agreed to serve as Chief Financial Officer of the company effective upon approval of the Company’s Board of Directors. He will report to Athenex’s Chief Executive Officer, Dr. Johnson Lau.
Mr. Riehle is highly experienced in the biopharmaceutical sector, having served as Chief Financial Officer of Chelsea Therapeutics from its inception in 2004 until 2014 when it was sold to Lundbeck. He was a key member of the leadership team alongside Chelsea’s former Chief Executive Officer, Dr. Simon Pedder, who is also currently an officer of Athenex. Mr. Riehle previously served as the Chief Financial Officer of HAHT Commerce from 1996 to 2003, and held numerous senior finance and marketing roles at Nortel Networks from 1979 to 1996.
Dr. Johnson Lau, Chief Executive Officer and Board Chairman, stated, “Nick is a veteran in the biopharmaceutical sector and brings the invaluable experience of having been CFO of a publicly traded pharmaceutical company. During the eight years I served as a Board member of Chelsea Therapeutics, including as Chairman of the Audit and Risk Management Committee and as a member of the Nominating and Corporate Governance Committee, I witnessed first-hand Nick’s high standards and strong work ethic. We are delighted to have someone with Nick’s extensive credentials joining our senior management team, and we warmly welcome him.”
Mr. Riehle stated, “I am delighted to be a member of the Athenex team and look forward to making significant contributions to its continued growth.”
Mr. Riehle obtained a Bachelor of Commerce degree from McGill University in Montreal, Quebec, a Master of Business Administration from York University in Toronto, Ontario, and the Certified Management Accountant designation from the Society of Management Accountants of Ontario.