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Venn Life Sciences names new chair

"Allan's experience includes both organic business growth and M&A..," said the CEO

Venn has a new chairman starting on September 20

Allan Wood will become chairman at Venn Life Sciences Holdings plc (LON:VENN) on September 20, replacing Tony Richardson, CEO, who has been acting as executive chairman since the beginning of the year.

Richardson told investors: "I am delighted to welcome Allan to Venn. Allan has extensive relevant experience in scaling businesses in health services and related sectors and I believe will add significant value as we seek to continue our current growth trajectory.

"Allan's experience includes both organic business growth and M&A and together we can continue to build a successful and sustainable business for shareholders."

Shares added 1.79% to 28.5p.

Quick facts: Open Orphan PLC

Price: 6.38 GBX

Market: AIM
Market Cap: £28.43 m

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