Bar Harbor BioTech hires new CEO
In its push to grow, genetic analysis company Bar Harbor BioTechnology has hired Janet Yancey-Wrona, the founding president of the Maine Technology Institute, as its new CEO.
The Trenton-based company announced its hiring of Yancey-Wrona earlier this month, a few weeks after it successfully restructured, “to increase overall share value for investors and create stronger and more focused growth opportunities.”
Yancey-Wrona previously worked with Maine Manufacturing for several years. Before that, she served as chief operating officer for AIKO Biotechnology and as a research assistant at Idexx Laboratories, the first job she took when she moved to Maine in 1997.
“The recent restructuring of the company allows us now to better articulate the value of working with Bar Harbor BioTech, solidify [its] brand and grow our market presence in the field of genomics research,” Yancey-Wrona said in a prepared statement.
“While I know it’s a competitive market dominated by some big names, and we will face many challenges,” she continued, “the support and active involvement from our advisors from the Maine Venture Fund, the Maine Technology Institute and The Jackson Laboratory gives me great confidence that we will be able to exploit the value we all believe Bar Harbor BioTech offers, and succeed in building a successful company.”
Founded in 2006, Bar Harbor BioTech was the first company spun off from The Jackson Laboratory, a Bar Harbor-based nonprofit genetics research institution.
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