Alector Inc. (ALEC) announced on Friday that Neil Berkley will be stepping in as the new Chief Financial Officer starting December 10, 2025. Berkley, who has been with the company since 2024, previously held the role of Chief Business Officer and was also serving as Interim CFO. He will keep his position as CBO while officially taking on the CFO duties.
With more than 20 years of experience in corporate strategy, finance, business development, and operations in the biotech and pharma sectors, Berkley brings knowledge and experience to the table.
ALEC closed Friday's trading at $1.49 up $0.03 or 2.05 percent on the Nasdaq.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.