ALAMEDA, Calif.--(BUSINESS WIRE)-- BioTime, Inc. (NYSE MKT: BTX) announced today that its Senior Vice President and Chief Operating Officer, Robert W. Peabody, will reassume the additional role of Chief Financial Officer on May 10, 2013. BioTimes current Chief Financial Officer, Peter S. Garcia, has resigned his position with BioTime and its subsidiaries effective May 10, 2013. Mr. Garcia is leaving BioTime on an amicable basis to become the chief financial officer of a larger public company located in another state. Mr. Peabody previously served as BioTimes Chief Financial Officer in 2010 and 2011. Mr. Peabody has worked in the financial management area throughout his career. His experience includes public accounting with Ernst & Young, and as a financial executive for a Fortune 500 specialty chemical manufacturer, and as Vice President of a public biotechnology company. About BioTime, Inc. BioTime, headquartered in Alameda, California, is a biotechnology company focused on regenerative medicine and blood plasma volume expanders. Its broad platform of stem cell technologies is enhanced through subsidiaries focused on specific fields of application. BioTime develops and markets research products in the fields of stem cells and regenerative medicine, including a wide array of proprietary PureStem cell lines, HyStem hydrogels, culture … Continue reading
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