TessArae has appointed Thomas Richards as president.
Richards has held faculty positions at Stanford University Medical Center and the University of California San Francisco Medical Center, where he currently practices as an assistant clinical professor in the department of emergency medicine.
Prior to earning an MD at Harvard Medical School, Richards was an investment banker in the mergers and acquisitions departments of several firms, including Lazard Freres, UBS Securities, and SG Cowen Securities.
From 2006 until 2010, he served on the board of directors of Cowen Group, where he was a member of the audit and corporate governance committees.
Ronald Davis has won the Gruber Genetics Prize, which is awarded for pioneering work that advances the fields of molecular genetics and genomics.
Davis, who has been director of the Stanford Genome Technology Center since 1994, will receive the $500,000 award for his efforts in developing DNA mapping methods, for his studies of ways to sequence genomic variants in humans and other animals, for his contribution in developing the first microarray technologies, and the work his lab has done in sequencing yeast chromosomes, the Escherichia coli genome, and other genomes.