James Mannebach appointed as interim CEO of Velan

Velan Inc. (Velan) announces that its board of directors has appointed Mr. James Mannebach, Chair of the Board of Directors of Velan, as interim CEO of Velan. This appointment follows the decision from Mr. Bruno Carbonaro to resign from his positions of President, CEO, and director of Velan.

Mr. Rishi Sharma has also been promoted to Chief Financial and Administrative Officer, to oversee all of Velan’s administrative functions in addition to his oversight of the financial team.

“I am honoured to be appointed as the interim CEO of Velan and by the support of the Velan Board and the Velan family. I am confident that there will be a seamless transition. I have been working with Velan since 2018 and, over the last years, as the Chair of its Board of Directors, I have met regularly with Velan’s management team and its employees. I have confidence in our team and I am looking forward to contributing to the next chapter of Velan’s story.” said Mr. James Mannebach.

“We congratulate Jim Mannebach and Rishi Sharma on their new appointments,” commented Mr. Tom Velan, Chairman of Velan Holding Co. Ltd., the controlling shareholder of Velan. “We are supportive of Jim Mannebach taking on the position of interim CEO in addition to his responsibilities as Chair.”

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