By Colin Kellaher
Pacific Biosciences of California has hired Jim Gibson as its new chief financial officer, effective March 31.
The Menlo Park, Calif., maker of advanced sequencing solutions for genetic analysis on Thursday said Gibson, 56 years old, was previously chief financial officer at compensation and benefits solutions provider Sequoia Benefits & Insurance Services.
Pacific said Gibson will receive an annual base salary of $500,000 and an annual bonus with a target of 55% of his base pay.
Christian Henry, Pacific's president and chief executive, has been serving as interim finance chief since the resignation of Susan Kim in December.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
March 27, 2025 09:22 ET (13:22 GMT)
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