Elicio Therapeutics Inc.
10/17/2024 | Press release | Distributed by Public on 10/17/2024 06:32
Management Change/Compensation Form 8 K
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 15, 2024, Elicio Therapeutics, Inc. (the "Company") appointed Robert Connelly as the Company's Principal Accounting Officer and Principal Financial Officer effective October 15, 2024.
Mr. Connelly, 64 years old, has served as the Company's Chief Executive Officer and President and as a member of the Company's Board of Directors since the Company's merger in June 2023 and previously served as the Chief Executive Officer of Elicio Operating Company, Inc. (then known as "Elicio Therapeutics, Inc.") and as a member of the Board of Directors of Elicio Operating Company, Inc. from October 2018 until June 2023. Mr. Connelly has nearly 40 years of experience in the life sciences sector in leadership and operational roles. From 2013 to 2018, Mr. Connelly served as the Chief Executive Officer and as a member of the board of directors of Axcella Health Inc., a clinical-stage therapeutics company developing endogenous metabolic modulators to treat an array of diseases. Prior to Axcella, Mr. Connelly served as the founding Chief Executive Officer of WikiCell Designs and the Chairman of Aero Designs, each utilizing drug delivery technologies to create new food, beverage and supplement product, both of which merged into Incredible Foods, Inc. in 2013. Prior to that, Mr. Connelly served as the Chief Executive Officer of Pulmatrix, Inc., a clinical-stage biopharmaceutical company developing inhaled therapies to address pulmonary diseases, from 2007 to 2012. From 2000 to 2007, Mr. Connelly served as the founding Chief Executive Officer and first employee of Domantis Ltd., a U.K.-based biotechnology company, which was acquired by GSK plc. He began his career with life science companies Abbott Laboratories and BioVeris Corporation in positions of increasing responsibility. Mr. Connelly previously served on the boards of publicly traded life science companies Kaleido Biosciences, Inc. from 2015 to 2018 and Anchiano Therapeutics Ltd. from 2018 to 2019, as well as on the boards of several privately held biopharmaceutical companies. Mr. Connelly also served as a Venture Partner with Flagship Pioneering from 2013 to 2018, working on the creation and management of several biotechnology portfolio companies. Mr. Connelly received a B.S. in Business Administration from the University of Florida.
No family relationships exist between Mr. Connelly and any of the Company's directors or other executive officers. There are no other arrangements between Mr. Connelly and any other person pursuant to which he was selected as an officer, nor are there any transactions to which the Company is or was a participant and in which Mr. Connelly has a material interest subject to disclosure under Item 404(a) of Regulation S-K.