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Pharma Tech Outlook | Wednesday, June 16, 2021
Wall Street veteran Carol Schafer unites Kura Oncology, Inc. to its Board of Directors, succeeding Robert Hoffman and Mr. Hoffman as Chair of the Audit Committee.
FREMONT, CA: Kura Oncology, Inc. (Nasdaq: KURA), a clinical-stage biopharmaceutical company committed to delivering on the promise of accurate cancer medicines, appoints Wall Street veteran Carol Schafer to its Board of Directors effective immediately. Ms. Schafer has over 25 years of experience in investment banking in healthcare, most recently as Vice-Chair of Equity Capital Markets at Wells Fargo Securities.
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“Carol brings a wealth of experience as a trusted strategic and financial advisor to the leadership teams of growing biopharmaceutical companies,” says Troy Wilson, Ph.D., J.D., President and Chief Executive Officer of Kura Oncology. “We welcome her to the board and look forward to her contributions as we work to bring our oncology drug candidates to market, expand their use to larger patient populations and create value for patients and shareholders.”
Ms. Schafer is currently Hyphen Advisors' Managing Partner. Previously, she served as Vice-Chair of Equity Capital Markets at Wells Fargo Securities, where she oversaw over 200 transactions that raised nearly $90 billion in profits. Ms. Schafer was previously Vice President of Finance and Business Development at Lexicon Pharmaceuticals. She previously held responsibilities in J.P. Morgan, most recently as Managing Director of Equity Capital Markets. Ms. Schafer currently serves on the board of directors of Insmed, Idera Pharmaceuticals, and Repare Therapeutics, previously serving on the board of Five Prime Therapeutics until Amgen's acquisition in April 2021. A B.A. from Boston College and an MBA from New York University.
“Kura has a promising pipeline of oncology drug candidates, an impressive team and the financial resources to create significant value,” says Ms. Schafer. “I look forward to working with the leadership team and my fellow board members to help the company achieve its strategic objectives and realize this value.”
“I want to take this opportunity to express my sincere appreciation for Roberts service and his many contributions throughout his six years on the Kura board,” continues Dr. Wilson. “We are deeply grateful for his service as a board member and audit committee chair, and on behalf of everyone at Kura, we wish him well in his future endeavors.”
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