Business
Appointment of Non-Executive Director
hVIVO plc has appointed Richard Cotton as an Independent Non-Executive Director, effective immediately, who will also chair the Audit Committee. Cotton brings extensive financial and life sciences board-level experience, having previously served as CFO for Dechra Pharmaceuticals plc and Consort Medical plc. His appointment is expected to enhance the Board's capabilities as the company focuses on strategic opportunities and delivering shareholder value. Disclaimer*
About this update from Hvivo Plc
[{"type":"text","content":"\n\n \nhVIVO plc\n(\"hVIVO\", the \"Company\" or the \"Group\")\n \nhVIVO strengthens Board with appointment of Richard Cotton as\nNon-Executive Director\n \nSeasoned life sciences executive with extensive Board and financial expertise\n \nhVIVO plc (AIM: HVO), a full-service early phase Contract Research Organisation (CRO) and the world leader in human challenge clinical trials, announces the appointment of Richard Cotton as Independent Non-Executive Director, effective today. Richard will also serve as Chair of the Audit Committee and as a member of the Remuneration and Nominations Committees.\n \nRichard brings extensive Board-level and financial expertise, including experience serving as Chair, Audit Chair and Senior Independent Director, as well as holding advisory and senior financial leadership roles across the life sciences and other sectors.\n \nRichard currently serves as Audit Chair and Lead Independent Director at Nasdaq-listed AI predictive diagnostics company Spectral AI and is Senior Independent Director and Audit Committee Chair at AIM-listed topical oxygen wound therapy company AOTI. He is also Financial Adviser at Novumgen, a privately owned Specialty Pharmaceuticals company, and NED at Sherwood Forest Hospitals NHS Foundation Trust.\n \nHis prior executive roles include highly successful tenures as CFO at FTSE150 animal health company Dechra Pharmaceuticals plc, and as CFO at medical device and drug formulation business Consort Medical plc. A Fellow of the Chartered Institute of Management Accountants, Mr Cotton holds a BA (Hons) in Business Studies from Kingston University.\n \nShaun Chilton, Non-Executive Chair of hVIVO plc, said: \"We welcome Richard to the Board of hVIVO. His extensive financial, operational and governance expertise, combined with his life sciences experience will significantly enhance the Board's capabilities as we focus on the strategic opportunities open to the Company and delivering long-term shareholder value.\"\n \nRichard Cotton, Incoming Non-Executive Director of hVIVO plc, said: \"I am excited to be able to contribute my experience and expertise to support hVIVO's growth. The Company is at an exciting phase with the foundation of a global leading position in human challenge trials with an increasingly diversified service offer...