On March 17, 2023, in connection with the approval by the board of directors of Metacrine, Inc. of the plan of liquidation and dissolution of the Company, Michael York notified the Board that he will resign from his position as the company's Chief Executive Officer, effective as of March 24, 2023. On March 24, 2023, in furtherance of the Plan of Dissolution, the Board appointed Dave Maggio to the positions of Chief Executive Officer designated Mr. Maggio as the company's principal executive officer, principal financial officer and principal accounting officer, in each case effective as of the Officer Resignation Time. Mr. Maggio, age 64, has served as a Director at Armanino in the firm's Corporate Finance and Restructuring practice since November 2021.

Previously, he was a Co-Founder of Omni Professional Services, LLC, a privately owned investor in the sporting goods industry headquartered in El Paso, Texas, and has served as an Operating Partner at CornerPost Capital,Partners, LLC, a middle-market, private equity firm based in Dallas, Texas, since 2010. Mr. Maggio has served on the board of directors of TGE Industrial Services, LLC, a privately held company focused on servicing the petrochemical, refining, chemical and heavy manufacturing industries since 2013, and in late 2018, during his tenure as Chief Executive Officer, negotiated a strategic merger with an industry peer. He was previously with Price Waterhouse/PricewaterhouseCoopers Investment Banking in Houston, Texas and San Jose, California.

Mr. Maggio has over 35 years of domestic and global experience in executing financial advisory, turnaround and restructuring assignments, as well as strategically focused corporate finance and M&A projects. He focuses on serving small to mid-market companies with deals up to $250 million in the U.S., Europe and Asia. Mr. Maggio received a B.S. in Accounting from Louisiana State University and completed the Northwestern/Kellogg Business School Executive Merger & Acquisitions Program.