Directorate Change
01 September 2009 - 4:01PM
UK Regulatory
TIDMOMH
RNS Number : 2707Y
Osmetech PLC
01 September 2009
Osmetech plc ('Osmetech' or the 'Company')
Board Changes
Osmetech plc (OMH.L) is pleased to announce that Jon Faiz Kayyem, PhD, founder
of the Company's core molecular diagnostics business and a member of the Board,
with effect from 28 August has assumed the role of Chief Executive Officer (CEO)
on a full-time basis until the search for a new CEO has been completed. Dr
Kayyem had previously served as Joint interim Chief Executive with Chris
Gleeson. Dr Kayyem, who resides in Pasadena, California where the Osmetech
Molecular Diagnostics business is based, will work closely with Board Chairman
Chris Gleeson on key operational initiatives around menu expansion and
placements of the Company's flagship XT-8 system for multiplexed molecular
diagnostic testing.
"Osmetech is undergoing significant change and is positioned for rapid growth.
Having Faiz Kayyem full time, driving the business across all functions, will
ensure that our immediate focus on expanding our menu of high value tests and
substantially increasing placements of our XT-8 systems has the highest
priority," commented Chris Gleeson, Chairman of the Board.
Osmetech also announces that on the same date Mark Lappe, a non-executive
director, resigned from the Board, so that he can focus on his management
consulting business. The Board would like to recognize and thank Mr. Lappe for
his excellent contribution to the development of the Company.
For further information:
+--------------------------------+--------------------+
| Osmetech plc: | +44 (0) 20 7849 |
| | 6027 |
+--------------------------------+--------------------+
| David Sandilands, Chief | |
| Financial Officer | |
+--------------------------------+--------------------+
| | |
+--------------------------------+--------------------+
| Madano Partnership: | +44 (0) 207 593 |
| | 4000 |
+--------------------------------+--------------------+
| Mark Way | |
+--------------------------------+--------------------+
| Matthew Moth | |
+--------------------------------+--------------------+
| | |
+--------------------------------+--------------------+
| Canaccord Adams Limited: | +44 (0) 20 7050 |
| | 6500 |
+--------------------------------+--------------------+
| Robert Finlay | |
+--------------------------------+--------------------+
| Henry Fitzgerald-O'Connor | |
+--------------------------------+--------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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