Cfo Thought Leader

648: A Life Sciences Angler Casts a Sturdy Line | Bill Adams, CFO, NervGen Pharma

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Synopsis

It’s a familiar sequence: A strong-minded investor musters the will to lead and steps into the CEO office determined to revitalize a struggling technology company and put it back on the growth track. For Bill Adams, this swift turn of events occurred only a year into his first industry stint as a corporate controller—a career chapter, he recalls fondly, that included a devoted CFO mentor. However, the company’s CFO and CEO had exited the firm just prior the investor’s arrival, and Adams found himself stepping into a finance leadership role. Although stressful, the circumstances swung open the door for Adams to not only oversee the finance function but also have the opportunity to play a more strategic role in the business. In short, he would now be in lockstep with the new CEO as they together championed the latter’s strategic vision that would upend the tech company’s growing focus on software revenue and double down on hardware sales. Or so the CEO believed. “The challenge that I faced was that I didn’t agr