Absci Appoints Zach Jonasson, Ph.D., as Chief Financial Officer and Chief Business Officer. CFO Greg Schiffman Will Retiere.
Portfolio Pulse from Benzinga Newsdesk
Absci Corporation has appointed Zach Jonasson, Ph.D., as its new Chief Financial Officer (CFO) and Chief Business Officer (CBO). Jonasson, co-founder and Managing General Partner of Phoenix Venture Partners and Convergent Ventures, has served on Absci's Board of Directors since 2016. He will leave his positions at PVP and Convergent Ventures, as well as step down from the Absci Board, to take up this full-time leadership role. The current CFO, Greg Schiffman, will retire.
August 14, 2023 | 12:06 pm
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Absci's appointment of Zach Jonasson as CFO and CBO could bring new strategic direction to the company, given his experience in venture capital firms. However, the retirement of Greg Schiffman may cause short-term uncertainty.
The appointment of a new CFO and CBO is a significant event for a company. Given Jonasson's background in venture capital, he may bring new strategic insights to Absci. However, the retirement of Schiffman, who has had a successful tenure, may cause some short-term uncertainty as the company transitions to new leadership.
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