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Company Also Promotes Controller
DALLAS, TX / ACCESSWIRE / July 8, 2024 / SWK Holdings Corporation (Nasdaq:SWKH) ("SWK" or the "Company"), a life science-focused specialty finance company catering to small- and mid-sized commercial-stage companies, is pleased to announce the appointment of Adam C. Rice, CPA, as Chief Financial Officer (CFO) of the company and the promotion of Courtney Baker, CPA, to Controller.
With over 18 years of senior-level finance and accounting leadership experience, Rice has led financial operations management, corporate financial planning and analysis, strategic planning and financial statement reporting. He was previously CFO of Park Cities Asset Management, an SEC registered alternative investment advisory firm.
During his career Rice has held a variety of finance leadership positions with both public and private companies in the real estate sector. He began his career as a staff accountant at Ernst & Young. Rice has a Bachelor of Science in Accounting and a Master of Science in Accounting, both from Texas Tech University. He is a Certified Public Accountant (CPA) registered in the state of Texas.
Baker initially joined SWK Holdings as Assistant Controller in July 2023. Prior to SWK, she worked for a leading government services contractor in the defense and aerospace industry, specializing in revenue recognition. Her background includes technical accounting, SEC reporting, M&A activity, due diligence, purchase price allocation, and system integration.
Prior to that, Baker worked in the financial services industry where she specialized in system upgrades and process improvements. She holds a Bachelor of Science in Business Administration from Tarleton State University where she became a member of the Delta Mu Delta International Business Honor Society and is a Certified Public Accountant (CPA) registered in the state of Texas.
"It's a pleasure to welcome Adam to SWK. He brings finance, accounting, and operations expertise combined with a thorough understanding of the asset management business," said SWK CEO Jody Staggs.
"Courtney has proactively assumed additional responsibility over the past six months and her promotion is well deserved. I am confident SWK's finance and accounting function are in good hands with Adam and Courtney," added Staggs.
About SWK Holdings Corporation
SWK Holdings Corporation is an innovative, life science-focused, specialty finance company, strategically collaborating with small and mid-sized, commercial-stage healthcare entities. Our mission is to provide non-dilutive financing, to empower the advancement and commercialization of critical medical technologies and products that significantly enhance and save lives.