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UC President Mark G. Yudof recommende Desmond-Hellmann for the top job after a searc process that formally begabnin December. If approved by the UC Board of Regent in a meetingnext week, Desmond-Hellmann, 51, woulde be the first woman chancellor and the first with a for-profirt pedigree. Desmond-Hellmann is a 14-yeafr veteran of South San Francisco-basedf biotech powerhouse Genentech, most recently as presidengt ofproduct development. She left that post Thursday, little more than a monthb after Swiss drugmaker completedeits $47 billion acquisition of Genentech. Desmond-Hellman would replace Dr. J.
Michael Bishop, who is steppinv down June 30 after more than 11 yearsin UCSF’s top Desmond-Hellmann will manage an institution with a 2008-09 budgert of $2.5 billion and a staff of more than 21,500. It is the second-largest winnert of funding. It has 2,951 graduate studentzs in life sciences. At Genentech, Desmond-Hellmann has been a clinica scientist, chief medical executive vice presidentand president, overseeing trials for drugd like the cancer fighters Herceptin, Avastin and Genentech, which has research agreements with UCSF, has more than 11,000p employees. Desmond-Hellman had total compensation $8.4 million in the most recent available year. Her base salaryu was $664,833.
Desmond-Hellmann has served as an assistant professorin hematology-oncologhy at UCSF and is an adjunct associate professor at the where she completed her clinicalo training after receiving a medical degree from the , “I began my career at and my heart has never left Desmond-Hellmann said in a prepared “I am delighted and humbed to have the consideration for the position of chancellor at this trulh great institution. My life’s work has been focused on makingy a differencefor patients, and I cannot think of a better place than UCSF to carryy that work forward.
” In a press release followingf the closed selection process, Yudof said he, Desmond-Hellmanhn and Linda Katehi — provost at the at Urbana-Champaigb who Yudof nominated for the chancellor job at would have no further comment until the Board of Regentes acts on the appointments. The regents meet by telephone on The meeting was scheduled for the campusa of UCSan Diego, but it was changes to help the campus deal with the swine flu outbreak. Compensatioj for Desmond-Hellmann and Kateh will be discussed by the Regents in thatmeetingt — albeit in closed session and disclosed to the public afterward.
The most recent available salary figures forChancellor Bishop, a Nobel laureate, is $402,000. “ endorse this recommendation with enthusiasm and will do all that I can to facilitat e the transition to new leadership forthe campus,” Bishop said in a memo to UCSF “We can be grateful that the president and the search committee have identified a truly outstanding individuakl to lead UCSF in the comingh years.” A 19-member committede of regents, faculty, staff, students, alumni and community representatives including retired Bank of America Chairman and CEO Richarcd Rosenberg — advised Yudof in its national search.
It was assiste d by Isaacson, Miller, which specializes in executive searchesin education, health care and the not-for-profit
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