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People in the News: Jeffrey Rona, Mark Colonnese

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Transgenomic said this week that Mark Colonnese has resigned as CFO and executive VP effective October 30, 2014. Transgenomics President and CEO Paul Kinnon will assume the role of interim CFO.

Additionally, Leon Richards, Transgenomic's corporate controller, will take on additional responsibilities as chief accounting officer. Richards joined the financial group at Transgenomic in 2012. Previously, he served as corporate controller and chief accounting officer at Baldwin Technology Company. Earlier in his career he was director of financial reporting and control at Ciba Specialty Chemicals (now BASF), and he also held positions of increasing responsibility in the financial group at Hercules (now Ashland Chemical).


Molecular diagnostics firm Great Basin Scientific has appointed Jeffrey Rona as CFO. His appointment went into effect on Oct. 8 in conjunction with the company's initial public offering.

Rona has served as a financial consultant to Great Basin since 2012 in his role as the managing director of Rona Capital, a life sciences-focused transactional advisory consultancy founded in 2011. From 2006 to 2011, Rona was the chief business officer of GlobeImmune. Prior to that, he was VP of corporate development for Corgentech, following the merger between Corgentech and AlgoRx Pharmaceuticals in 2005. At AlgoRx, he was CFO and responsible for the execution of the merger with Corgentech. Rona has also worked for UBS Warburg, Antigenics (now Agenus), and Coopers and Lybrand.

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