Velan Inc. (Velan) has announced the appointment of Mr. James Mannebach as the Chief Executive Officer (CEO) of Velan, effective immediately. Mr. Mannebach, who currently serves as the Chair of the Board of Directors of Velan, has been selected to lead the company following his tenure as the interim CEO.
Mr. Tom Velan, Chairman of Velan Holding Co. Ltd., the controlling shareholder of Velan, expressed confidence in Mr. Mannebach’s leadership abilities, stating, “We believe it’s in Velan’s best interests for Mr. Mannebach to be confirmed as CEO. Mr. Mannebach has demonstrated he has all the qualities required to lead Velan into the next stage of its evolution.”
In response to his appointment, Mr. Mannebach expressed enthusiasm for the opportunity to assume the role of CEO. “I am very excited to transition from my recent interim role and join the team as the CEO of Velan,” said Mr. Mannebach. “With the benefit of five years of insight from my position on the board, these past few months have confirmed my belief in the potential of this great company. I’d like to thank the Velan family for their trust in me. I look forward to working with our teams around the world as we write the next chapter in the company’s history together.”
Mr. Mannebach’s appointment underscores Velan’s commitment to strong leadership and strategic vision as it continues to drive growth and innovation in the global market. With his extensive experience and dedication to excellence, Mr. Mannebach is well-positioned to lead Velan towards continued success and achievement of its corporate objectives.