Illumina, Inc. (NASDAQ: ILMN) today announced it has named Marc Stapley,
former Senior Vice President, Finance, at Pfizer and Americas Chief
Financial Officer at Alcatel-Lucent, to the position of Senior Vice
President and Chief Financial Officer.
Stapley will report to President and Chief Executive Officer Jay Flatley
and will oversee Illumina’s finance, accounting, facilities and investor
relations functions. He will also become part of Illumina’s executive
management team, which is responsible for directing all aspects of
company strategy, planning and operations.
"Marc is an ideal fit for the fast-paced culture of Illumina,” said Jay
Flatley. "He is a dynamic finance leader whose experience spans leading
high-tech and pharmaceutical companies where he has helped transform the
finance functions, directed ERP implementations, effectively identified
cost reduction initiatives and led acquisition integration efforts.”
"I am honored to take the role of Illumina’s CFO and join such a
world-class team,” said Stapley. "The Company is in a critical growth
and development stage, and I look forward to supporting the continued
innovation and performance that the company has delivered over many
years.”
Stapley joins Illumina from Pfizer where he served as Senior Vice
President responsible for global financial processes and systems,
leading integration efforts in both the Wyeth and King Pharmaceutical
acquisitions and providing oversight to the company’s largest technology
investment program. Prior to Pfizer, he served in a variety of senior
finance roles at Alcatel-Lucent, including Americas CFO. He also worked
as Finance Director and Controller for several groups at Cadence Design
Systems. Stapley began his career as an Auditor at Coopers & Lybrand.
Stapley holds a First Class BSc (Honors) in Mathematics from The
University of Reading (England) and is a member of the Institute of
Chartered Accountants in England and Wales.
Stapley is expected to join Illumina on January 20, 2012. At that time
he will assume the CFO responsibilities currently held by Christian
Henry. Henry, who for the past two years has been serving in both the
CFO role and as GM of the Company’s Genetic Analysis business (formerly
Life Sciences), will now be able to fully dedicate his time to leading
our Genetic Analysis business.
"I would like to thank Christian for the outstanding contributions he
has made to Illumina in the CFO role,” said Jay Flatley. "Since 2005,
Christian has developed a world-class finance organization and led
multiple corporate financings, acquisitions and facility relocations. I
look forward to the impact he can make by solely focusing on driving our
Genetic Analysis Business.”
About Illumina
Illumina (http://www.illumina.com)
is a leading developer, manufacturer, and marketer of life science tools
and integrated systems for the analysis of genetic variation and
function. We provide innovative sequencing and array-based solutions for
genotyping, copy number variation analysis, methylation studies, gene
expression profiling, and low-multiplex analysis of DNA, RNA, and
protein. We also provide tools and services that are fueling advances in
consumer genomics and diagnostics. Our technology and products
accelerate genetic analysis research and its application, paving the way
for molecular medicine and ultimately transforming healthcare.
