Business
Board Changes
Board Changes.
About this update from Advanced Medical Solutions Group Plc
[{"type":"text","content":"\n RNS Number : 0662W Advanced Medical Solutions Grp PLC 12 November 2010 \n \n\n12 November 2010\n \nAdvanced Medical Solutions Group plc\n(\"AMS\" or the \"Company\")\n \nBoard Changes\n \nWinsford, UK: Advanced Medical Solutions Group plc (AIM: AMS.L), the global medical technology company, today announces changes to its Board of Directors (the \"Board\") that will take effect from 1 January 2011.\n \nChris Meredith, who was promoted to Chief Operating Officer in January 2010, is appointed Chief Executive Officer of the Company. Chris joined AMS in July 2005 as Group Commercial Director and was appointed Managing Director of Advanced Woundcare in 2008. Having been involved in the operational side of the business for over five years, the Board is confident that Chris is ably equipped to fulfil his new role.\n \nDr. Don Evans, Chief Executive Officer of the Company since January 2000, has indicated that he would like to step back from the day-to-day running of the business. The Board has considered a number of options and the non-conflicted members of the Board believe that the appointment of Don as Non-Executive Chairman is in the best interests of the Company and its shareholders, and ensures that AMS continues to benefit from Don's extensive knowledge and experience of the business and the global medical devices market.\n \nDr. Geoffrey Vernon, who has served as a Non-Executive Director since July 1998 and Non-Executive Chairman of the Company since January 2001, will retire from the Board at the end of 2010. During his tenure, the Company has demonstrated strong, stable growth and has established itself as a competitive player in the global medical technology industry.\n \nPenny Freer, Senior Independent Director of AMS said:\n \n\"The Board has fully deliberated these changes and the continuing Directors believe they are in the best interests of both the Company and its shareholders. We wish Chris and Don all the best in their new respective roles and, on behalf of the Board, I would like to thank Geoffrey for his input and guidance in helping make AMS the successful company that it is today. We wish him all the best for the future.\"\n \n- ends -\n \nFor further enquiries:\n \nAdvanced Medical Solutions Group plc &...