Board of Directors

Peter Nielsen, President, CEO, CFO, and Chairman of the Board of Directors:

Peter Nielsen co-founded Bio-Path Holdings, a public biotechnology company developing targeted oncology therapies, and currently serves as Bio-Path’s president, chief executive officer, chief financial officer, and chairman of the board of directors. At the time of Bio-Path’s establishment in 2007, Mr. Nielsen licensed technology and targets from the University of Texas M.D. Anderson Cancer Center and coordinated pre-clinical development, optimization and manufacturing of Bio-Path’s lead product, BP1001. Over the next ten years, Mr. Nielsen led the clinical advancement of BP1001 into Phase 2 studies, the introduction of additional pipeline candidates, and the company’s public market debut. Prior to co-founding Bio-Path, Mr. Nielsen has worked with several other companies, leading turnarounds and developing and executing on strategies for growth. He currently serves as a director of Bio-Path and of Synthecon, Inc., a company developing 3D cell culture technology. Before entering the biotechnology sector, Mr. Nielsen was a lieutenant in the U.S. Naval Nuclear Power program where he was director of the physics department, and was employed at Ford Motor Company in product development. Mr. Nielsen has a broad background in senior management and has significant negotiating experience. He has earned degrees in engineering, mathematics and an MBA in finance from the University of California at Berkeley.

Heath Cleaver

Mr. Cleaver has served as chief financial officer of Porto Energy Corp., junior oil and gas exploration company listed on the Canadian Venture Exchange, since February 2011. Prior to his elevation to chief financial officer, Mr. Cleaver served as chief accounting officer. Mr. Cleaver served as corporate controller and then as vice president and chief accounting officer for BPZ Energy from October 2006 to mid-2010. Prior to joining BPZ, Mr. Cleaver was engaged as a consultant for a variety of public companies such as Rosetta Resources, Calpine Natural Gas and Index Oil and Gas. Mr. Cleaver is a Certified Public Accountant in the state of Texas and holds a Bachelor of Business Administration - Accounting from Texas A&M University.

Douglas P. Morris

Doug Morris is a co-founder of Bio-Path and a co-founding director. Mr. Morris has a number of administrative responsibilities, including working with retail broker/dealers in raising capital for small cap companies, and interfacing with existing shareholders. Mr. Morris has a Bachelor of Arts from Brigham Young University and is working towards a Master of Public Administration from the University of Southern California.

Martina Molsbergen

Martina Molsbergen has more than 25 years of Business Development and Marketing experience. She is currently the chief executive officer of C14 Consulting, a business development advisory firm serving the life sciences community. Previously, Ms. Molsbergen held several leadership roles in business development including vice president of business development of Crucell Holland BV, where she managed the company’s joint venture with DSM Biologics; vice president of business development of Biowa, Inc., where she negotiated more than 15 deals valued at over $2.5 billion; vice president of business development of Zetiq Technologies Ltd. and vice president of pharmaceutical development services & business development of Patheon Inc. Her career has earned her an expertise in business development and marketing in areas including biotherapeutics, immunotherapies and regenerative medicine, especially with cutting edge tools, technologies and products. Ms. Molsbergen holds a Bachelor of Science in chemical engineering from Drexel University.

Paul Aubert

Paul Aubert currently serves individuals and corporations through his private law practice. In addition, he serves as general counsel to four companies, including a developer of dental implant. Prior to launching his own practice, he served as general counsel of Pernix Therapeutics Holdings, Inc. (Nasdaq: PTX), a specialty pharmaceutical company. For the 13 years prior to joining Pernix, Mr. Aubert worked in the Corporate and Securities divisions of several law firms, including Weil, Gotshal & Manges and Andrews Kurth LLP, and Winstead PC, where he provided legal advice on general corporate matters as well as securities and M&A transactions to public and private companies. He received his Juris Doctor and MBA from Tulane University in New Orleans, Louisiana in 1996, and his Bachelor of Arts in history from Louisiana State University - Baton Rouge in 1990.

Delivering a Better Path for Cancer Patients.