Cfo Thought Leader

699: The Return of Jimmy Lai | Jimmy Lai, CFO, Acepodia

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Synopsis

When Acepodia CEO Sonny Hsiao began developing a list of candidates to fill the chief financial officer role at the biotechnology company that he had cofounded, it may have surprised some to see Jimmy Lai make the list. Certainly, this was not due to any U.S. markets void on Lai’s resume—to the contrary, he had helped to take three companies public and served as chief financial officer for multiple U.S.-listed firms. Nor was it due to a presumed lack of boardroom stature on Lai’s part, as he was at that time serving on the boards of multiple NYSE-listed companies). Instead, any surprise that Lai’s name elicited may have been due to the simple fact that he was known to have retired. Read More “I had been working in (Asia) for 17 years, and it was time to change the pace and take my wife to all of the places that I had always promised I would,” explains Lai, who notes that his retirement was upended after he received a call from Acepodia and began learning about the innovative cell therapies that the company w