Oxford Biomedica plc announced the appointment of Lucinda (Lucy) Crabtree Ph.D. as Board member. Simultaneously, the Company announces that Stuart Paynter will step down as from the Board after almost seven years of service. These changes will become effective on 2 September 2024 and Stuart will then transition away from Oxford Biomedica following a suitable handover period.

Lucinda Crabtree was previously CFO at MorphoSys AG. As CFO of MorphoSys, Lucy led a finance team across the US and Germany until the closing of the acquisition of the company by Novartis. Prior to MorphoSys, Lucy was CFO at Autolus Therapeutics, a Nasdaq listed clinical stage biopharmaceutical company.

Before her time at Autolus, Lucy spent several years as an investment professional at institutions including Woodford Investment Management, Panmure Gordon, Goldman Sachs, J.P. Morgan (originally Bear Stearns) and Jefferies. Lucy also has prior experience as a board observer at several private healthcare companies. She holds a first class Bachelor of Science degree in Physiology and Pharmacology from University College London and a Ph.D. in Pharmacology from University College London.