Turning Point Therapeutics, Inc. (NASDAQ: TPTX), a precision oncology company developing next-generation therapies that target genetic drivers of cancer, today named Paolo Tombesi as executive vice president and CFO, effective July 26.
Paolo Tombesi brings 30 years of global financial and accounting experience to Turning Point Therapeutics from multiple prior financial leadership roles within biotech and pharmaceutical companies, most recently serving as CFO of Epizyme, Inc.
“Paolo brings very valuable global financial experience to our growing team, particularly in supporting commercial organizations and product launches,” said Athena Countouriotis, M.D., president and CEO. “As we build our finance organization and prepare for the potential launch of repotrectinib, we are pleased to have a veteran financial leader of Paolo’s caliber joining our team.”
As CFO of Epizyme, Mr. Tombesi supported the commercial launch of Tazverik (tazemetostat) for the treatment of relapsed or refractory follicular lymphoma, and was responsible for capital funding, treasury, tax and accounting, SEC reporting, financial planning and analysis, and procurement. Prior to Epizyme, he was CFO for Insmed, Inc., where he led financial operations and preparation for the commercial launch of Arikayce (amikacin liposome inhalation suspension). From 2006 to 2014, he served in roles of increasing responsibility for Novartis, including chief financial and administrative officer of Novartis Pharmaceuticals Corporation; managing director and CFO of Novartis Japan; and CFO of the European Oncology division. Earlier in his career, he served in financial roles for Bristol Myers Squibb in the U.S. and Europe, and Unilever and Johnson & Johnson in Italy.
“I am excited to join the Turning Point team at such an important point in the company’s evolution, with four clinical-stage assets in development and as the company prepares for potential commercialization,” said Mr. Tombesi. “I am so impressed with Athena, the Turning Point leadership team, and its board of directors and look forward to supporting the company’s continued growth.”