Jeff Fryer

Entrepreneur-in-Residence

Jeff is a business executive with over 30 years of experience in the areas of corporate taxation, accounting, business finance, financial operations, and business strategy. After spending over 10 years as a practicing CPA and more than 15 years in industry, Jeff co-founded Rallybio in January 2018 and served as its Chief Financial Officer through his retirement in February 2023. Rallybio is a public development-stage biotechnology company focused on identifying and accelerating the development of drug candidates to transform the lives of patients with devastating disease. The Company was named by FierceBiotech as one of its “Fierce 15” Biotech Companies of 2018 and recognized among “the most promising private biotech startups” of the year. With Jeff’s leadership, the Company raised $183 million in private funding and over $146M as a public company.

Prior to co-founding Rallybio, Jeff was the Vice-President & Chief Tax Officer for Alexion Pharmaceuticals, a global biotechnology company acquired by AstraZeneca, leading the Company’s corporate tax function. Jeff also led teams on numerous business development projects and facilitated multiple acquisitions and integrations with several transactions valued at over a billion dollars. He was the lead architect of a global business reorganization that drove the valuation and market cap of Alexion by more than six billion dollars in a single day. Jeff began his career in 1992 at Coopers & Lybrand which ultimately merged with Price Waterhouse to become PwC. He has since logged almost a million airline miles traveling on business throughout North and South America, Europe, Asia, and Australia.

Jeff has a Bachelor of Science in Business Administration with a concentration in Accounting from Bryant University and a Master of Science in Taxation from the University of Hartford. He has served as an adjunct professor and lectured at several universities and professional conferences on various finance and tax related topics. Jeff currently serves as Chairman of the Bryant University Dean’s Advisory Council for the College of Business and has held numerous positions on the Boards of primary and secondary educational institutions. He also serves as an advisor or on the advisory board of several private start-up companies, guiding them on financial operations and strategy.

Outside of his professional life, Jeff enjoys acting and has both credited and uncredited roles in more than a dozen Indie, LIFETIME and Hallmark Channel movies, as well as in series on both ABC and Discovery Channel. He taught as a Professional Ski Instructor for over 30 years, loves riding his road bike, boating, scuba diving, pickleball, snowmobiling, philanthropy, and spending time with his family. Jeff has been accepted by Virgin Galactic as a Future Astronaut and is anxiously waiting and preparing for his flight to space in the next few years. Jeff and his wife have 2 sons, a Cavapoo. He resides in South Carolina and spends time throughout the year in Vermont and Connecticut.