Kite Pharma Names CFO

Los Angeles-based biotechnology developer Kite Pharma said today that it has named a new Chief Financial Officer. According to Kite Pharma, it has named Cynthia M. Butitta as its new EVP and CFO. Buttita was most recently at NextWave Pharmaceuticals, where she had been Senior Vice President and CFO, and whe she had been involved in that company's $700M acquisition by Pfizer. She also has served at Telik through its IPO, and Connetics. Kite Pharma is developing treatments for cancer.