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Fred Middleton is the managing director for Sanderling Ventures and was formerly the first chief financial officer of Genentech. Middleton earned a bachelor’s degree in chemistry from MIT in 1971 and received his MBA from Harvard in 1973. Prior to his career at Genentech, he worked for McKinsey & Company, as well as for Chase Bank. He joined the Genentech management team in 1978. In this interview, Middleton discusses his educational background and pre-Genentech career and lays out Genentech’s financial history and strategies during his time as the company's CFO.

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