Cerevel Therapeutics adds to board – PE Hub

Cerevel Therapeutics, a company focused on treating neuroscience diseases, has named Gabrielle Sulzberger to its board of directors. She is a former chairperson of Whole Foods board and currently serves as general partner of Rustic Canyon/Fontis Partners. Cerevel is backed by Bain Capital.

PRESS RELEASE

BOSTON(BUSINESS WIRE)Cerevel Therapeutics, a company dedicated to unraveling the mysteries of the brain to treat neuroscience diseases, announced today that it has added Gabrielle Sulzberger to serve as an independent member of its Board of Directors. Ms. Sulzberger is the former chairperson of the board of Whole Foods and an accomplished financial services professional with over 30 years of experience in both private equity and as a chief financial officer across a broad range of industries, including consumer goods, retail, financial services and healthcare. She also possesses extensive corporate governance expertise, having served on the boards of several publicly-traded and privately-held companies, with particular expertise in mergers and acquisitions, risk assessment, as well as engagement with shareholder activists.

Gabrielle is a proven leader with a unique background and skillset, which we feel will complement and strengthen our existing team, said Tony Coles, M.D., chief executive officer and chairperson of Cerevel Therapeutics. Were confident that the diverse range of business circumstances shes experienced throughout her career will offer an invaluable perspective, and well look to her knowledge to help us navigate through complex situations, corporate milestones, and different phases of growth and expansion.

It is such an exciting and unprecedented period of innovation in the biopharmaceutical industry, said Ms. Sulzberger. The progress this team is making to develop new treatments for some of the most under-served and complex diseases is what attracted me to the opportunity, and I look forward to helping the organization realize its full potential to become a premier neuroscience company.

About Gabrielle SulzbergerMs. Sulzberger currently serves as general partner of Rustic Canyon/Fontis Partners, a position she has held since 2007. Prior to joining RC/Fontis, Ms. Sulzberger served as chief financial officer of several public and private companies, including Gluecode Software, a venture-backed open source software company which was sold to IBM, and Crown Services, a California-based consolidation of commercial contractors.

Until August of 2017, Ms. Sulzberger served as chairperson of the board of Whole Foods and previously spent 13 years as chairperson of Whole Foods audit committee. She currently serves on the boards of MasterCard, Brixmor Property Group, where she chairs the governance committee, and two private-equity backed companies: Acorns and True Food Kitchen, where she also serves as chairperson. Ms. Sulzberger has also served on four other public company boards: Teva Pharmaceuticals, Stage Stores, IndyMac Bank, and Bright Horizons, as well as numerous private company boards.

Ms. Sulzberger is a Trustee of the Ford Foundation. She also serves on the boards of the Women Corporate Directors Foundation, the National Association of Corporate Directors Audit Advisory Council, Trinity Church Wall Street and is a Henry Crown Fellow of the Aspen Institute. In 2014 she was named a Top 100 Director by the National Association of Corporate Directors.

Ms. Sulzberger earned her B.A. from the Woodrow Wilson School of Princeton University. She received her M.B.A. from Harvard Business School and J.D. from Harvard Law School and is a member of the Massachusetts Bar.

About Cerevel TherapeuticsCerevel Therapeutics is dedicated to unraveling the mysteries of the brain to treat neuroscience diseases. The company seeks to unlock the science surrounding new treatment opportunities through understanding the neurocircuitry of neuroscience diseases and associated symptoms. Cerevel Therapeutics has a diversified pipeline comprising four clinical-stage investigational therapies and several pre-clinical compounds with the potential to treat a range of neuroscience diseases, including Parkinsons, epilepsy, schizophrenia and substance use disorders. Headquartered in Boston, Cerevel Therapeutics is advancing its current research and development programs while exploring new modalities through internal research efforts, external collaborations or potential acquisitions. For more information, visit http://www.cerevel.com.

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Cerevel Therapeutics adds to board - PE Hub