The Jackson Laboratory CEO to Step Down

free biotech news Get the latest biotech news where you want it. Sign up for the free GenePool newsletter today!

March 23, 2010 Bar Harbor, Maine -- Jackson Laboratory President and CEO Richard Woychik announced today that he has asked the Jackson trustees to begin the search for his successor. Woychik, who assumed the presidency of the Laboratory in 2002, indicated to the Board that he is willing to continue in his current capacity during the search for a new CEO.

Commenting on his decision, Woychik said, “When I came to the Laboratory seven years ago, my goals were to stabilize the Laboratory’s finances and to explore new areas of scientific research. We have achieved these goals, creating a firm foundation upon which the organization can build. It is time for new leadership to take the Laboratory to the next level of excellence.”

Trustee Chairman Brian Wruble commented, “Rick has accomplished a great deal during his tenure as President and CEO, and we are grateful for his many contributions. We will seek a preeminent scientist of international stature to lead the Lab into the future. I am grateful that Rick has agreed to stay on during the search to ensure a smooth and deliberate transition.”

Since 2002, the Laboratory has experienced significant expansion. The total operating budget has grown from $103.8 million in 2002 to $170 million in the current fiscal year. The work force has expanded from 1,162 employees in 2002 to 1,318 employees today. Research support has grown steadily. During Woychik’s tenure, the Laboratory has constructed more than 118,000 square feet of new research and support spaces, and has renovated an additional 70,000 square feet for a total capital investment of $80.1 million.

The Jackson Laboratory is an independent, nonprofit biomedical research institution based in Bar Harbor, Maine, with a facility in Sacramento, Calif. Its mission is to discover the genetic basis for preventing, treating and curing human diseases, and to enable research and education for the global biomedical community.

Help employers find you! Check out all the jobs and post your resume.

MORE ON THIS TOPIC