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Stock impact report

Alector Provides Executive Leadership Update [Yahoo! Finance]

Alector, Inc. (ALEC) 
Last alector, inc. earnings: 3/24 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
SOUTH SAN FRANCISCO, Calif., June 13, 2025 (GLOBE NEWSWIRE) -- Alector, Inc. (Nasdaq: ALEC), a late-stage clinical biotechnology company focused on developing therapies to counteract the devastating progression of neurodegeneration, today announced that its Chief Financial Officer (CFO), Marc Grasso, M.D., will conclude his tenure with the company, effective June 20, 2025, to pursue other opportunities. Neil Berkley, M.B.A., the company's Chief Business Officer, will assume the role of Interim CFO while continuing in his current position. “Marc has been a valuable member of our leadership team and a strong steward of the company since joining Alector in February 2022,” said Arnon Rosenthal, Ph.D., Chief Executive Officer of Alector. “He played a key role in strengthening our financial position and building a high-performing finance team. With cash runway into the second half of 2027, Alector is well positioned to advance our clinical, preclinical, and research programs through key Show less Read more
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