TransCode Therapeutics Announces Leadership Transition
TransCode Therapeutics’ long-time CFO retires as an experienced life sciences finance executive steps in as interim replacement.
Rhea-AI Summary
TransCode Therapeutics (RNAZ) announced that Chief Financial Officer and director Tom Fitzgerald has retired and resigned from his roles, effective immediately, on September 10, 2026.
Fitzgerald, who has served as CFO since July 2018, helped guide the company through its initial public offering, the launch of its clinical program for lead candidate TTX-MC138, and its acquisition of Polynoma and license agreement with Oncolytics, which expanded its oncology pipeline. He will continue to provide transition services to the company. John Tattory, a senior finance executive with over 25 years of experience in life sciences, including prior CFO roles and capital-raising responsibilities, has been appointed Interim Chief Financial Officer, effective immediately.
Positive
- Interim CFO appointed immediately, avoiding a finance leadership vacancy
- Interim CFO brings 25+ years of life sciences financial and operational experience
- Outgoing CFO to provide transition services, supporting continuity
Negative
- Long-serving CFO and director resigns effective immediately
- Finance leadership in interim status pending appointment of a permanent CFO
AI-generated analysis. How Rhea-AI works. Not financial advice.
Tom
John Tattory, to become Interim Chief Financial Officer
Philippe P. Calais, Ph.D, Chairman of the Board and CEO said: "On behalf of the Board, I wish to thank Tom for his many years of dedicated service to the company and its key stakeholders, starting all the way back when TransCode was a small, discovery stage company with limited resources but outsized ambitions. Since the earliest days of the company Tom has worked tirelessly to keep us funded and on track, all so that we might have the opportunity to bring life-changing therapeutics to those cancer patients who need it most. We wish Tom every happiness in his well-earned retirement."
Mr.
John Tattory, will serve as Interim Chief Financial Officer, effective immediately. John is a senior executive with over 25 years of financial and operational management and leadership, including directing
About TransCode Therapeutics
TransCode Therapeutics is an immuno-oncology and targeted cancer therapy company with a focus on treating advanced malignancy. The Company's lead therapeutic candidate, TTX-MC138, is focused on treating metastatic tumors that overexpress microRNA-10b, a unique, well-documented biomarker of metastasis. In addition, TransCode has a portfolio of other first-in-class therapeutic candidates designed to mobilize the immune system to recognize and destroy cancer cells.
Forward-Looking Statements
This release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements concerning the above-described leadership transition and the potential of the company's product candidates. Any forward-looking statements in this press release are based on management's current expectations of future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to: the risks associated with drug discovery and development; the risk that the results of clinical trials will not be consistent with TransCode's preclinical studies or expectations or with results from previous clinical trials; risks associated with the conduct of clinical trials; risks associated with TransCode's financial condition and its need to obtain additional funding to support its business activities, including TransCode's ability to continue as a going concern; risks associated with the timing and outcome of TransCode's planned regulatory submissions; risks associated with obtaining, maintaining and protecting intellectual property; risks associated with TransCode's ability to enforce its patents against infringers and defend its patent portfolio against challenges from third parties; risks of competition from other companies developing products for similar uses; risks associated with TransCode's dependence on third parties; and risks associated with geopolitical events and pandemics. For a discussion of these and other risks and uncertainties, and other important factors, any of which could cause TransCode's actual results to differ from those contained in or implied by the forward-looking statements, see the section entitled "Risk Factors" in TransCode's Annual Report on Form 10-K for the year ended December 31, 2025, as well as discussions of potential risks, uncertainties and other important factors in any subsequent TransCode filings with the U.S. Securities and Exchange Commission. All information in this press release is as of the date of this release; TransCode undertakes no duty to update this information unless required by law.
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SOURCE TransCode Therapeutics, Inc.
FAQ
When did Tom Fitzgerald’s retirement and resignation from TransCode become effective?
Tom Fitzgerald’s retirement and his resignation as Chief Financial Officer and as a director of TransCode became effective immediately as of the announcement date.
Will Tom Fitzgerald have any ongoing role with TransCode after stepping down as CFO?
After resigning as Chief Financial Officer and as a director, Tom Fitzgerald will continue to provide transition services to TransCode, supporting the handover of his responsibilities.
What role will John Tattory assume at TransCode and when does it take effect?
John Tattory will serve as Interim Chief Financial Officer of TransCode Therapeutics, effective immediately.
What relevant experience does Interim CFO John Tattory bring to TransCode?
John Tattory has over 25 years of financial and operational management experience, including directing U.S. and international financial operations, strategic transactions, licensing and collaboration arrangements, and equity and debt financings for pharmaceutical, medical device, and biotechnology companies from development through commercialization. He previously served as CFO of Cerapedics and Windtree Therapeutics (WINT) and currently is a Managing Director at Stout Risius Ross, where he provides consulting CFO services to privately held life science companies.