Acerus Pharmaceuticals Corporation announced that Robert M. Motz will join the company as Chief Financial Officer, effective October 30, 2018, and will become a member of Acerus' Senior Leadership Team. The company also announced that Ken Yoon, the company's current Chief Financial Officer, has decided to leave Acerus at the end of October to pursue other opportunities. Mr. Motz brings more than 30 years of finance and operations experience to Acerus.

He joins the company from Hydrogenics Corporation. While at Hydrogenics, as Chief Financial Officer, he led investor relations, raised more than $75 million in capital, managed overseas investments and upgraded enterprise resource planning systems globally. Prior to joining Hydrogenics, Mr. Motz served as President and CEO and Senior Vice President and CFO of Aeroquest International Limited.

While at Aeroquest, he led the organization through numerous acquisition and restructuring transactions, as well as many other strategic and operational initiatives across Canada, the United States and Australia. Mr. Yoon is expected to work with Mr. Motz and other leaders to transition his duties.