PALO ALTO, Calif.--(BUSINESS WIRE)--Affymax, Inc. (NASDAQ:AFFY) today announced that Herb Cross, the company’s vice president of finance and chief accounting officer, will become Affymax’s chief financial officer effective March 4, 2011. Mr. Cross’ succession to the position is timed with the departure of Paul Cleveland, executive vice president and chief financial officer, who will resign from his post to assume a new role in a private equity firm.
