CareDx Strengthens Leadership Team to Accelerate Growth

Rhea-AI Summary

CareDx, Inc. (NASDAQ: CDNA), a precision medicine leader, has appointed new senior executives in key areas: Digital Services, Laboratory Operations, Business Development, and Market Access. The appointments aim to enhance operational efficiency amidst rapid growth. Notable new hires include Kashif Rathore, Ryan Phan, Sean Grant, and Danielle Scelfo, each bringing extensive experience from leading companies. CEO Peter Maag emphasizes the need for robust leadership to navigate increasing operational complexities and advance CareDx's market strategies.

Positive

• Appointment of experienced leaders in critical business areas enhances operational capabilities.
• Kashif Rathore and others bring diverse backgrounds to strengthen digital business and market access strategies.

Negative

• Concerns may arise regarding continuity and potential gaps in leadership experience during the transition.

SOUTH SAN FRANCISCO, Calif., Sept. 10, 2020 (GLOBE NEWSWIRE) -- CareDx, Inc. (Nasdaq: CDNA), a leading precision medicine company focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers, today announced the appointment of new senior leaders to significantly strengthen key areas of the business - Digital Services, Laboratory Operations, Business Development, and Market Access.

“As our business continues to grow rapidly, the operational complexity also increases,” said Peter Maag, Chairman and Chief Executive Officer for CareDx. “These talented individuals will help us expand our digital business across the patient continuum, scale our laboratory operations, evaluate future partnerships and acquisitions, and advance our best in class market access strategy.”

Kashif Rathore, Senior Vice President, Digital Business joins CareDx from Cerner, where he held various senior leadership roles. In addition to his most recent role as Vice President of Interoperability, Kashif served in the consulting and technology lines of Cerner’s businesses. Kashif obtained a master’s degree in executive business administration from the Henry W. Bloch School of Management at the University of Missouri-Kansas City. He also holds a bachelor’s degree in management information systems from the University of Central Oklahoma in Edmond, and a bachelor’s degree from the University of the Punjab, Pakistan.

Ryan Phan, Vice President, Lab Operations joins CareDx from Kaiser Permanente, where he was the Managing Director and Head of Regional Molecular Genetics and Cytogenetics Laboratories. Ryan has led multiple strategic laboratory expansions and developed and implemented clinical testing programs. Ryan received his B.A. from the University of California at Berkeley and his PhD from Columbia University. He completed his post-doctoral training in Cancer Genetics and Immunology at Harvard Medical School. 

Sean Grant, Vice President, Strategy and Business Development joins CareDx from Citigroup Global Capital Markets, where he served as a Vice President in the Investment Banking Healthcare Division. At Citigroup, Sean specialized in raising public and private capital and executed a broad range of transactions, including M&A for many of the leading life sciences companies around the world. Sean earned an M.B.A. from the Johns Hopkins Carey School of Business and a B.A. in Government and International Politics from George Mason University.

Danielle Scelfo, Vice President, Market Access and Health Policy joins CareDx from Hologic, where she was the Senior Director of Health Policy and Reimbursement. Danielle brings more than 25 years of health policy and strategic market access experience to CareDx, including roles at Genomic Health and Adaptive Biotechnologies. Danielle holds a master’s in health service administration from Florida International University and a bachelor’s degree in Marketing from the University of Florida.

About CareDx
CareDx, Inc., headquartered in South San Francisco, California, is a leading precision medicine solutions company focused on the discovery, development and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers. CareDx offers testing services, products, and digital healthcare solutions along the pre- and post-transplant patient journey, and is the leading provider of genomics-based information for transplant patients. For more information, please visit: www.CareDx.com.

CONTACTS:

CareDx, Inc.
Sasha King
Chief Marketing Officer
415-287-2393
sking@caredx.com

Investor Relations
Greg Chodaczek
646-924-1769
investor@caredx.com

FAQ

Who are the new senior leaders appointed by CareDx?

CareDx appointed Kashif Rathore as Senior VP of Digital Business, Ryan Phan as VP of Lab Operations, Sean Grant as VP of Strategy and Business Development, and Danielle Scelfo as VP of Market Access.

What is the expected impact of the new leadership on CareDx?

The new leadership is expected to enhance operational efficiency, improve digital services, and strengthen market access strategies as CareDx continues to grow.

When was the announcement of new leadership at CareDx made?

The announcement was made on September 10, 2020.

What challenges might CareDx face with the new management team?

CareDx may face challenges related to continuity and potential experience gaps during the leadership transition.