Rani Therapeutics Appoints Nicholas Maestas as Chief Financial Officer

About this update from Rani Therapeutics Holdings, Inc.

SAN JOSE, Calif., June 29, 2026 (GLOBE NEWSWIRE) -- Rani Therapeutics Holdings, Inc. ("Rani Therapeutics"; "Rani" or the "Company") (Nasdaq: RANI), a clinical-stage biotherapeutics company focused on the oral delivery of biologics and drugs, today announced the appointment of Nicholas Maestas as Chief Financial Officer, effective immediately. "We are pleased to welcome Nicholas as our new Chief Financial Officer," said Talat Imran, Chief Executive Officer of Rani. "His depth of experience in biopharma capital markets and corporate strategy makes him well-suited to steward Rani through its next chapter. We also want to again thank Svai Sanford for his steady leadership over the years and his commitment to ensuring a smooth transition." Mr. Maestas brings more than 10 years of financial leadership experience at clinical-stage biotechnology companies, with a track record spanning public-company finance, capital-markets execution and corporate strategy. He succeeds Svai Sanford, who announced his departure in May 2026 to pursue another professional opportunity. He joins the Company from Tempest Therapeutics, where he served as CFO and head of corporate strategy, leading multiple financing transactions across a range of structures, including registered direct offerings, PIPEs, and strategic mergers. Prior to Tempest, he served as head of financial planning and analysis and strategic finance at Alector, overseeing financial planning and strategy in support of a $2.2 billion global collaboration with GSK. Earlier in his career at Immune Design, he contributed to the company's $300 million acquisition by Merck. Mr. Maestas holds an MBA in finance and health care management from the Wharton School at the University of Pennsylvania and a bachelor's degree in molecular and cell biology from the University of California, Berkeley. "Rani has built a differentiated oral delivery platform technology designed to address the issue that continues to challenge biologics – effective oral delivery of therapies that have historically been limited to painful injections," said Mr. Maestas. "I look forward to working with Talat, the leadership team and Board of Directors to continue unlocking the potential of the RaniPill® platform across high-value therapeutic areas." About Rani Therapeutics Rani Therapeutics is a clinical-stage biotherapeutics company focused on advancing techn...

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