Contact Information: Press Information Lyda Velez Eastwick Communications 650.480.4074 lyda@eastwick.com
The Brenner Group Expands Interim Financial Management Team
Deryl Banks Joins Firm as Life Science Practice Leader
| Source: The Brenner Group
CUPERTINO, CA--(Marketwire - February 4, 2010) - The Brenner Group®, Silicon Valley's leading
provider of interim financial management, restructuring services, business
valuations, and financial advisory services, announced today that Deryl
Banks has been appointed Life Science Practice Leader for the firm's
Interim Finance & Accounting Group. Services offered for life science
companies include interim and part-time CFOs and controllers, restructuring
assistance, 409A valuations and financial advisory.
"Deryl is the perfect leader for our Life Science practice, with deep
experience in venture-backed life science companies and the knowledge and
acumen to represent our firm to the venture capital community," said Wes
Rose, SVP, The Brenner Group. "Silicon Valley remains a leader in life
science investing, and we're very fortunate to have Deryl as the point
person who will expand on The Brenner Group's long-time support of this
sector."
Prior to joining The Brenner Group, Banks spent 18 years in various senior
technology finance roles including CFO at Xoft and Cardeon Corporation.
Additionally, Banks held various financial positions at Unisurge and
Cardiovascular Imaging Systems and spent more than six years in a variety
of financial and operations positions at Hewlett Packard.
Banks received a bachelor's degree in biology from the University of Oregon
and an MBA from the University of Santa Clara.
"Deryl would make an ideal CFO for any early-stage life science company,"
said Jeff Bird, managing director of Sutter Hill Ventures and chairman of
Xoft, Inc. "He has repeatedly demonstrated keen understanding of the
evolving demands of the venture community, and what early-stage companies
need to do and how they need to position themselves to successfully
approach venture firms.
For more information about The Brenner Group's Interim Financial
Management, please visit http://www.thebrennergroup.com/interim-management
About The Brenner Group, Inc.
The Brenner Group (http://www.thebrennergroup.com) is one of the technology
community's leading diversified professional services firms. Our core
offerings include interim financial management, restructuring services,
business valuations, and financial advisory services. Since 1987, more than
1,000 companies have trusted The Brenner Group with their finance and
accounting needs. With more than 20 years of experience in Silicon Valley
and the San Francisco Bay Area, The Brenner Group is every technology
company's best option for total financial and accounting guidance.