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TELESTA THERAPEUTICS INC T.TST

"Telesta Therapeutics Inc is a biopharmaceutical company. The Company is engaged in the research, development, manufacturing and commercialization of human health products and technologies."


TSX:TST - Post by User

Bullboard Posts
Post by No_Replyon Jul 30, 2012 9:45am
390 Views
Post# 20164482

Managment Changes

Managment Changes

Mr. James Rae has been appointed as independent Chairman of the Board of Directors. The Chairman role has been performed by President & CEO, Mr. Graeme McRae. Mr. Rae takes over the role immediately.

The Company also announced today that there have been a number of recent changes to the senior management structure. Mr. Cameron Groome, Executive Vice-President, Corporate & Strategic Development, Mr. Jim Phillips, Senior Vice-President, Industry Relations, Dr. Dragan Rogan, Chief Veterinary Scientific Officer and Dr. Gary Weber, President, Bioniche Food Safety (U.S.) have left the Company.

Mr. Michael Rubin has joined the Company in the capacity of Vice-President, Business Development.  Mr. Rubin's Linked-In page shows that he has been VP Bus Dev. at Bioniche since April.

All of this should please a number of posters who have been calling for cuts in the size of managment (and the associated expense of same), and for the splitting-up of Mr. McRae's three positions (Pres., CEO and Chairman).

Smiles on the board?

  :-) 

Bullboard Posts