Polarean Imaging PLC - London-based medical imaging technology company - Hires Brainsway Chief Executive Officer Christopher von Jako as new CEO. Says he will be succeeding CEO Richard Hullihen, who will be retiring after seven years in the role, and will also be stepping down as director of the company immediately.

Polarean Chair Kenneth West says: "On behalf of the board, I'd like to thank Richard for his contribution to the business, and we wish him well in his retirement.

"I would also like to welcome Chris to Polarean. His extensive experience in leading commercial-stage MedTech companies, and his training and expertise in radiology, will be an excellent fit for Polarean as we continue our dual strategy of achieving commercial sales of Xenoview and establishing strategic industry collaborations to accelerate growth in the US and internationally."

Current stock price: 26.99 pence, down 6.1% on Wednesday

12-month change: down 45%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.