Equillium Names Chief Business Officer Bruce Steel as Successor CEO

Equillium (NASDAQ: [[ticker:EQ]]) announced this week that CEO Dan Bradbury would step down from the role Jan. 1 and be succeeded by Bruce Steel, the company’s current chief business officer and president. Bradbury will remain executive chairman. Steel, a co-founder of the company, was previously the founder and managing director of BioMed Realty’s strategic investment arm.

La Jolla, CA-based Equillium, which is advancing a drug called itolizumab as a treatment for immuno-inflammatory disorders, also said it was promoting Christine Zedelmayer from vice president of operations to senior vice president and chief operating officer.

Author: Sarah de Crescenzo

Sarah is Xconomy's San Diego-based editor. Prior to joining the team in 2018, she wrote about startups, tech and finance at the San Diego Business Journal. Her decade of full-time news experience includes coverage of subjects including campaign finance, crime and courts as a reporter and editor at outlets throughout California, including the Orange County Register. She earned a bachelor's degree in English Literature at UC San Diego, where she wrote for the student newspaper and played collegiate lacrosse. In 2019, she earned an MBA at UC Irvine.