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Velan Appoints Yves Leduc as CEO in Accordance With the Previously Announced CEO Succession Plan

Mar 01, 2017 - Marketwired

Velan Inc. ("Velan") (TSX:VLN) is pleased to announce the completion of its CEO succession plan with the appointment of Yves Leduc as CEO. Mr. Leduc was also elected to the board of directors of the company. Mr. Leduc who was hired in January 2015 as President has become the first non-Velan family member to lead the valve manufacturing company that was founded in 1950.

Mr. Tom Velan who has retired from his CEO position, will continue to serve as Chairman of the Board. Mr. Velan has worked...