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Life sciences board approves appointment of new chief

Post date: 
September 17th, 2015
Article Type: 
External News Article
Article Source: 
The Boston Globe

The board of the Massachusetts Life Sciences Center, the state agency charged with implementing a 10-year initiative to support the biomedical sector, Wednesday voted unanimously to approve the appointment of Travis McCready as the center’s new chief executive. McCready, vice president for programs at the Boston Foundation, was nominated by state economic development secretary Jay Ash, as the Baker administration’s choice to lead the agency. The center awards grants, loans and tax breaks to biotech and medical technology companies locating or expanding in Massachusetts. Administration officials were authorized to negotiate a three-year contract with its new chief executive at an annual salary of $230,000.

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