Yoon Choi, VP FP&A
Professional Overview
Yoon Choi is an accomplished finance executive with over 20 years of experience driving strategic financial planning and analysis (FP&A) for leading biotechnology companies. As the Vice President of FP&A at Adverum Biotechnologies, Yoon is responsible for providing financial leadership, optimizing resource allocation, and partnering with cross-functional teams to support the company's long-term growth and profitability.
Experience Summary
Current Role
As the VP of FP&A at Adverum Biotechnologies, Yoon leads a team of financial professionals in developing and implementing comprehensive financial plans, budgets, and forecasts to support the company's strategic initiatives. She works closely with the executive leadership team to provide critical insights, identify cost-saving opportunities, and ensure the efficient allocation of resources. Under Yoon's guidance, Adverum has achieved significant improvements in financial performance and operational efficiency.
Career Progression
Yoon's impressive career trajectory includes senior FP&A roles at some of the most prominent biotechnology companies in the industry. Prior to joining Adverum, she served as the Senior Director of FP&A at Calico Life Sciences, where she played a pivotal role in modernizing the company's financial processes and driving strategic decision-making. Before that, Yoon held the position of Executive Director of FP&A at Five Prime Therapeutics, Inc., where she was instrumental in securing funding and optimizing the company's financial operations during a period of rapid growth.
Academic Background
Yoon holds a Bachelor of Science in Finance from the University of California, Berkeley, and a Master of Business Administration from the University of Southern California. Her educational background, combined with her extensive industry experience, has equipped her with a deep understanding of the financial and operational challenges faced by biotechnology companies.
Areas of Expertise
Yoon's expertise spans a wide range of areas, including financial planning and analysis, budgeting and forecasting, strategic decision-making, business partnering, and financial reporting. She has a proven track record of leveraging data-driven insights to support informed decision-making, optimize resource allocation, and drive financial performance. Additionally, Yoon is adept at leading cross-functional teams, fostering collaboration, and implementing process improvements to enhance organizational efficiency.
Professional Impact
Throughout her career, Yoon has made significant contributions to the biotechnology industry. At Five Prime Therapeutics, Inc., she played a crucial role in securing $150 million in funding, enabling the company to advance its pipeline of innovative therapies. At Adverum Biotechnologies, Yoon's strategic leadership and financial acumen have been instrumental in driving the company's financial performance, with a 20% increase in revenue and a 15% reduction in operating expenses over the past two years.
Conclusion
Yoon Choi is a seasoned finance executive with a proven track record of driving financial excellence and strategic decision-making in the biotechnology industry. Her depth of expertise, leadership abilities, and commitment to driving sustainable growth make her a valuable asset to Adverum Biotechnologies and the broader life sciences community.
