Immune Therapeutics Appoints Chief Financial Officer and Chief Operating Officer
August 04 2022 - 12:19PM
Immune Therapeutics, Inc. (OTC PINK:IMUN) (“Immune” or “IMUN”), a
specialty pharmaceutical company involved in the acquisition,
development, and commercialization of pharmaceutical and
biotechnology products that have a short and well-defined path to
market, is pleased to announce the appointment of Glen Farmer as
Chief Financial Officer and Kelly Wilson as Chief Operating
Officer. Mr. Farmer will be replacing Dr. Stephen Wilson who was
serving as the interim Chief Financial Officer and is currently the
President, Chief Executive Officer, and a Director of the Company.
Ms. Wilson will be filling the vacant position of Chief Operating
Officer.
Mr. Farmer has over 30 years of experience creating and scaling
Finance, Accounting and Operations for startup and
development-stage companies. He has held numerous senior financial
roles with startups and large corporations in the private and
public sectors across multiple industries. He was most recently the
Vice President and U.S. Controller at iAnthus Capital Management,
Inc., a public company with 1,000+ employees and 42 consolidated
subsidiaries. Prior to iAnthus, he held CFO positions with Croma
Pharmaceuticals, Inc. and Primetime Life Sciences and served as
Controller and Principal Accounting Officer for Avalon
Pharmaceuticals.
Mr. Farmer received his bachelor’s degree in accounting from the
University of Maryland, and his MBA with concentration in finance
from Mount St. Mary’s University. He joins Immune to oversee
Immune’s global finance team. He will report directly to Immune’s
Chief Executive Officer.
“Glen is a highly accomplished CFO who will bring a wealth of
experience to the new direction of Immune, including a background
with public companies in corporate finance, corporate
collaborations, and licensing. Glen’s extensive experience in
global finance and operations, as well as his track record with
development-stage biotech companies, will be vital as Immune enters
its next phase of growth and we begin commercialization efforts,
studies, and clinical trials,” said Dr. Stephen Wilson, Immune’s
CEO. “On behalf of the entire Immune team, I welcome Glen and look
forward to his contributions.”
In addition to the appointment of Mr. Farmer, Immune also
announced it has appointed Kelly O’Brien Wilson as Chief Operating
Officer. Ms. Wilson brings over 25 years of leadership, technology,
and operational experience to Immune. She has held senior
management and development roles with both startups and large
corporations in the private, public, and government sectors across
multiple industries including biotechnology, manufacturing, and
computer software. She was the Chief Technology Officer and
Director of Human Resources at Immune from 2015-2020 and has
experience managing many different business departments including
information technology, human resources, and corporate operations.
Ms. Wilson graduated with honors from the University of Central
Florida with a master’s degree in systems design and a bachelor’s
degree in English.
In this new role, Ms. Wilson will be responsible for overseeing
the company's core business units, subsidiaries and working
directly with Immune’s international leadership assisting with
country management organization and functions. She will work to
maximize the potential of the company's growing portfolio of
products, most of which are in a combination of approved and growth
phases.
Dr. Stephen Wilson, CEO stated, “Ms. Wilson’s previous
experience with Immune puts her in a unique position to speed
management transition as the Company implements its new strategy.
Having familiarity with past practices, and a systems design
background, the responsibility of modernizing critical aspects of
our organization to maximize our operating efficiency and improve
resource allocation is a great fit for Ms. Wilson. On behalf of the
entire Immune team, we welcome her to the company and look forward
to a successful future.”
Forward Looking Statement This press release may contain
information about our views of future expectations, plans and
prospects that constitute forward-looking statements. All
forward-looking statements are based on management's beliefs,
assumptions, and expectations of Immune's future economic
performance, taking into account the information currently
available to it. These statements are not statements of historical
fact. Although Immune believes the expectations reflected in such
forward-looking statements are based on reasonable assumptions, it
can give no assurance that its expectations will be attained.
Immune does not undertake any duty to update any statements
contained herein (including any forward-looking statements), except
as required by law. No assurances can be made that Immune will
successfully acquire its acquisition targets. Forward-looking
statements are subject to a number of factors, risks, and
uncertainties, some of which are not currently known to us, that
may cause Immune's actual results, performance, or financial
condition to be materially different from the expectations of
future results, performance, or financial position. Actual results
may differ materially from the expectations discussed in
forward-looking statements. Factors that could cause actual results
to differ materially from expectations include general industry
considerations, regulatory changes, changes in local or national
economic conditions and other risks set forth in "Risk Factors"
included in our filings with the Securities and Exchange
Commission.
Disclaimer The information provided in this press release is
intended for general knowledge only and is not a substitute for
professional medical advice or treatment for specific medical
conditions. Always seek the advice of your physician or other
qualified health care provider with any questions you may have
regarding a medical condition. This information is not intended to
diagnose, treat, cure or prevent any disease.
Contact:
Dr. Stephen Wilson CEO ir@immunetherapeutics.com 1-888-391-9355
www.immunetherapeutics.com
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