Michael Nolan has been appointed vice president, chief financial officer and treasurer of AMRI, succeeding Mark Frost. Mr. Nolan most recently served as vice president of finance and financial planning at the Delaware North Companies. Previously, he was vice president of finance for the Analytical Instruments Group at Thermo Fisher Scientific, where he was responsible for the global financial operations. Prior to Thermo Fisher, Mr. Nolan held positions of increasing responsibility at ALCAN, which was later acquired by Rio Tinto Plc.
"I would like to thank Mark for his considerable contributions to AMRI in the almost eight years he has spent with the company," said Thomas D'Ambra, Ph.D., AMRI's chairman, president and chief executive officer. "He was instrumental in building the company's global reach as we expanded through both acquisitions and internal growth during his tenure. We wish him well in all his future endeavors and have established a plan to ensure a seamless transition to our new CFO."
Mr. D'Ambra added, "The board of directors and I are pleased to welcome Mike to AMRI. He has had considerable experience in the business of science as well as overseeing the operational and finance requirements of a global business. We have made solid progress in reducing our cost structure, and increasing our marketing efforts as we roll out our new SMARTSOURCING initiative. Mike's strategic leadership, financial expertise and strong global experience will further support these initiatives and help us realize our plan for future growth and profitability."