Press Releases September 2, 2026 08:30 AM

Allogene Therapeutics Announces Retirement of Chief Financial Officer Geoffrey Parker

Allogene Therapeutics announces CFO Geoffrey Parker's retirement effective November 2026

By Maya Rios
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ALLO

Allogene Therapeutics, a clinical-stage biotech company specializing in allogeneic CAR T therapies, announced the upcoming retirement of its Executive Vice President and CFO Geoffrey Parker effective November 6, 2026. Parker will continue leading the finance team during the transition while the company searches externally for his successor. The company expressed gratitude for his financial leadership during a pivotal growth period.

Allogene Therapeutics Announces Retirement of Chief Financial Officer Geoffrey Parker
ALLO
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Key Points

  • Geoffrey Parker, CFO and EVP of Allogene Therapeutics, will retire in November 2026.
  • Parker will stay through retirement date to ensure smooth transition and support during external search for successor.
  • Company highlights Parker's role in advancing its financial and strategic positioning in cell therapy development.

SOUTH SAN FRANCISCO, Calif., Sept. 02, 2026 (GLOBE NEWSWIRE) -- Allogene Therapeutics, Inc. (Nasdaq: ALLO), a clinical-stage biotechnology company pioneering the development of allogeneic CAR T (AlloCAR T) products for cancer and autoimmune disease, today announced that Geoffrey Parker, Executive Vice President and Chief Financial Officer, will retire effective November 6, 2026. Mr. Parker will continue to lead the finance organization through his retirement date as the Company conducts an external search for his successor.

"Geoff has been a trusted and important leader within Allogene through a pivotal period in the Company’s evolution," said Zachary Roberts, M.D., Ph.D., President and Chief Executive Officer of Allogene." His financial leadership and commitment to the organization have helped position Allogene to advance our programs with discipline and focus. We are grateful for his many contributions and wish him the very best in retirement."

“I am proud of what we have accomplished together and grateful to have worked alongside such a talented and dedicated team,” said Mr. Parker. “I remain deeply confident in Allogene’s strategy and the potential of its pipeline, and I look forward to supporting a smooth transition over the coming months.”

About Allogene Therapeutics
Allogene Therapeutics, with headquarters in South San Francisco, is a clinical-stage biotechnology company pioneering the development of allogeneic chimeric antigen receptor T cell (AlloCAR T) products for cancer and autoimmune disease. Led by cell therapy veterans applying proven CAR T experience, Allogene is developing a pipeline of off-the-shelf CAR T cell product candidates with the goal of delivering readily available cell therapy on-demand, more reliably, and at greater scale to more patients. For more information, please visit www.allogene.com, and follow Allogene Therapeutics on X and LinkedIn.

Allogene Media/Investor Contact:
Christine Cassiano
EVP, Chief Corporate Affairs & Brand Strategy Officer
[email protected]


Risks

  • Leadership transition uncertainty may cause temporary disruption in financial management and investor confidence.
  • External search for new CFO introduces unpredictability regarding future financial strategy and stability.
  • Potential impact on biotech sector investor sentiment due to executive changes in a clinical-stage development company.

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