Xilio Therapeutics, Inc. announced that Stacey Davis has been appointed as chief business officer to further the company's corporate and business development strategy that will be central to its next stage of growth. Ms. Davis brings 25 years of experience in entrepreneurial roles building teams and leading corporate and portfolio strategy. She joins Xilio from Novartis Oncology (Novartis), and most recently served as vice president, lung and immuno-oncology franchise, U.S. Oncology.

In this role, she led the launch of TABRECTA® (capmatinib) in advanced, non-small cell lung cancer and was responsible for building out Novartis' lung cancer franchise, including broadening the targeted therapies portfolio, in-licensing and launch preparation for tislelizumab, an anti PD-1, and launch preparation for canakinumab, a novel anti-IL-1B. Prior to Novartis, Ms. Davis served as senior vice president and general manager at Prominex, Inc., a start-up incubated through Roka Biosciences by NEA, Orbimed and TPG. Ms. Davis also held roles of increasing responsibility throughout a decade at Johnson & Johnson (J&J), including serving as U.S. immunology, head, commercial strategy, insights and operations at Jansen Biotech, Inc., where she was a senior member of the U.S. leadership team and achieved above-market growth for a portfolio of products across multiple indications.

Earlier in her tenure at J&J, Ms. Davis founded a new diagnostics unit as part of Ortho Clinical Diagnostics and also served in investment and strategy roles with Johnson & Johnson Development Corporation (JJDC). Earlier in her career, Ms. Davis held several roles in the financial industry, including at The Carson Group/Thomson Financial and Merrill Lynch & Co. Ms. Davis received a B.S.E. in biomedical engineering from Duke University.