Evelo Biosciences Appoints Julie Carretero as Chief People Officer

9/15/20

CAMBRIDGE, Mass., Sept. 14, 2020 (GLOBE NEWSWIRE) -- Evelo Biosciences, Inc. (Nasdaq:EVLO), a clinical stage biotechnology company developing a new modality of orally delivered, systemically acting biologics, today announced the appointment of Julie Carretero as Chief People Officer. In her new role, Ms. Carretero will assume leadership responsibilities for people initiatives, including talent acquisition and employee development, and will be a member of the Evelo Leadership Team.

“We welcome Julie to Evelo’s Leadership Team at an exciting time as we progress to the next phase of our development, with up to six clinical readouts anticipated over the next 6-12 months,” said Simba Gill, Ph.D., Chief Executive Officer of Evelo. “Julie has successfully led and scaled organizations, and her extensive experience in strategic and operational roles in both HR and Commercial will be essential as we plan to build out the organization following interim Phase 2 data in EDP1815, which is expected by mid-2021.”

With more than 20 years of experience, Ms. Carretero excels at aligning strategy and culture to influence results. She has led large enterprise transformations that have leveraged her expertise in strategic organizational design as well as building commercial organizations. Ms. Carretero joins Evelo from FXI Corporation, a private equity held manufacturing company, where she served as Chief Human Resources Officer since 2018. While at FXI, Ms. Carretero managed and oversaw the integration planning and execution of an acquisition that doubled the size of the Company’s revenue and footprint. Prior to FXI, Ms. Carretero served in roles of increasing responsibility at Novartis Pharmaceuticals, most recently as Human Resources Lead for the Cardiovascular Business Unit. During her tenure at Novartis she oversaw cultural transformation, strategic organizational design, workforce planning, talent management, succession planning, and change leadership.

“I am excited to join Evelo at this important stage in the Company’s journey, and I look forward to being a part of this exceptional Leadership Team,” said Ms. Carretero. “Evelo has a remarkable vision to transform medicine and to provide therapies for all stages of disease and for all people globally. I look forward to helping build the team and capabilities to realize that vision.”

AboutEvelo Biosciences
Evelo Biosciences is a clinical stage biotechnology company developing oral biologics that act on SINTAX™, the small intestinal axis, with systemic therapeutic effects. SINTAX plays a central role in governing the immune, metabolic and neurological systems. The company’s first product candidates are pharmaceutical preparations of single strains of microbes selected for defined pharmacological properties. Evelo’s therapies have the potential to be effective, safe, and affordable medicines to improve the lives of people with inflammatory diseases and cancer.

Evelo currently has four product candidates in development: EDP1815, EDP1867, and EDP2939 for the treatment of inflammatory diseases including psoriasis, atopic dermatitis, and COVID-19, and EDP1503 for the treatment of cancer. Evelo is advancing additional product candidates in other disease areas.

For more information, please visit www.evelobio.com and engage with Evelo on LinkedIn.

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