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NEXGEL Announces Joseph F. McGuire As Chief Financial Officer

NEXGEL, Inc. appoints Joseph F. McGuire as CFO, effective January 2025, succeeding Adam E. Drapczuk III.

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  • Jan 03, 2025

  • Simantini Singh Deo

NEXGEL Announces Joseph F. McGuire As Chief Financial Officer

NEXGEL, Inc. is a leading provider of OTC drugs along with high-water-content hydrogels for healthcare and consumer products. The company has announced the appointment of Joseph F. McGuire as Chief Financial Officer, effective January 1, 2025. While Adam E. Drapczuk III, the current CFO, will continue to support the company in a consulting role.

Mr. McGuire brings over 30 years of experience in financial management, having served as CFO for several private and public companies across various industries, including healthcare, financial services, investment, and manufacturing. Notably, he played a key role in guiding a biotechnology company through its successful IPO, which led to its listing on the NYSE in July 2022. In his past roles, Mr. McGuire handled SEC financial reporting, investor relations, corporate governance, legal and audit liaison, and team development. 

Adam Levy, Chief Executive Officer, said, “As our business continues to experience high growth, it is imperative we consistently acquire talented and experienced professionals to join our team, particularly in operations and finance. Joe brings many decades of public company and financial experience that will be invaluable during this critical juncture in our company history.”

Mr. Levy also said, “I would like to thank Adam Drapczuk for his invaluable contributions to NEXGEL’s progress and success. We wish him good luck as he builds his own consulting business through Achieving Consulting Excellence, LLC, and are pleased that we can still rely on him moving forward.”

He started his career as a certified public accountant with Price Waterhouse, later moving into management roles at Dean Witter Reynolds and Paine Webber, Inc. Mr. McGuire holds a Bachelor of Science in Accounting from the University of Notre Dame. Having worked with NEXGEL as a consultant since September 2024, Mr McGuire will now join the executive team to lead the company’s financial operations.

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