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Atai Life Sciences

Placing Gerd Kochendoerfer, Ph.D. as Chief Operating Officer to bring focus, structure, and operational execution discipline to atai Life Sciences.

Client logo for The RSA Group Chief Operating Officer case study representing life sciences leadership search outcomes.

The Client

Atai Life Sciences is a biopharmaceutical company founded in 2018 and headquartered in Berlin, Germany, with operations in New York and San Diego. The company is dedicated to transforming mental health care by accelerating the development of innovative therapies for disorders including depression, anxiety, addiction and schizophrenia.

Atai has built a diverse pipeline of drug candidates spanning psychedelic compounds, non-psychedelic compounds and digital therapeutics. Historically, the business operated through a decentralised model, acquiring and supporting smaller biotech companies to advance promising innovations more rapidly. Its notable subsidiaries and collaborations have included Compass Pathways, Perception Neuroscience, Recognify Life Sciences and DemeRx.

Following its NASDAQ IPO in June 2021 under the ticker symbol ATAI, the company secured significant capital to support its research and development strategy. With approximately $125 million cash at bank, a venture debt facility and other liquid assets, Atai had a strong financial foundation through to mid-2026.

The Situation

Atai was entering a new phase of organisational development. Two significant changes created the need to appoint a Chief Operating Officer.

First, the company had decided to focus primarily on advancing its internal pipeline of clinical and pre-clinical assets. Second, co-founder Florian Brand was stepping back from day-to-day operations.

Together, these changes created a requirement for a seasoned operational leader who could bring focus, structure and execution discipline to the business. The role required a COO capable of ensuring operational excellence across a complex biopharmaceutical organisation, while working in close partnership with co-founder and Chief Executive Officer Dr Srinivas Rao, a serial biotech entrepreneur.

RSA was engaged to identify a candidate with the credibility, experience and operating judgement to support atai through this next stage of development.

The Outcome

Atai appointed Gerd Kochendoerfer, Ph.D. as Chief Operating Officer.

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100%

Executive Retention ~12mo

5,600

Succesful Appointments

94%

Client Satisfacion Rate

6,800+

Subscribed Leaders & Executives

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United Kingdom

RSA Consulting Ltd & RSA Interims Ltd

The Gate House, Fretherne Road

Welwyn Garden City

Hertfordshire, AL8 6NS

+44 (0) 203 818 8820

hq@thersagroup.com


RSA Consulting Ltd (Company No: 01803896) and RSA Interims Ltd (Company No: 08433229), both registered in England and Wales.

Germany

RSA Consulting GmbH

Theodor-Heuss-Allee 112

60486 Frankfurt

+49 69 667741-470

hq@thersagroup.com


Represented by Nicholas D. Stephens, Kristian Juergensen


Registered in the Commercial Register (Handelsregister), Registration Court: District Court (Amtsgericht) Frankfurt am Main, Register Number: HRB 73074


German VAT Registration Number: VAT registration number according to § 27a of the German Value Added Tax Act (Umsatzsteuergesetz): DE 814 029 343

Switzerland

RSA AG

Hochbergerstrasse 70

4057 Basel

+41 61 563 0188

hq@thersagroup.com


Represented by Nicholas D. Stephens, Kristian Juergensen, Peter Dahinden


Swiss Register Entry & UID: Registered in the Commercial Register (Handelsregister), UID / Enterprise Identification Number: CHE-109.711.591

Singapore

The RSA Group Pte.Ltd

808 French Road

Kitchener Complex 

#07-163

Singapore 200808

+65 6 294 4588,

hq@thersagroup.com


Company EA Number: 07S5575.

Nicholas D. Stephens EA Registration Number: R1107308.

The RSA Group operates through RSA (Holdings) Ltd and its subsidiaries; RSA Consulting Ltd , RSA Interims Ltd , both registered in England and Wales and RSA Consulting GmbH, RSA AG and The RSA Group Pte.Ltd. Registered Office for RSA Holding is: The Gate House, Fretherne Road, Welwyn Garden City, Hertfordshire, AL8 6NS. The RSA Group is a premier global executive search, interim / fractional leadership and advisory firm specialising exclusively in the Life Sciences sector, dedicated to uniting leadership with innovation-driven organisations to accelerate the discovery and delivery of therapies. Registered with the Information Commissioner’s Office (ICO) in full compliance with the Data Protection Act 2018 and UK GDPR.