PuriCore, a global company focused on safe and effective protection against the spread of infectious pathogens, says Michael Ashton has indicated to the Board that he wishes to retire as Chief Executive by the company’s next Annual General Meeting, which is expected to be held in June 2015.
The Board has initiated a search for his successor. Ashton intends to remain with the company as a Non-Executive Director.
PuriCore has also added the role of Chief Operating Officer to Marella Thorell's duties. She is already Chief Financial Officer. This new role will involve an increased focus on the company’s operations and drive strategic planning and efficiency improvements.
A comprehensive strategic and operational review of the business is being conducted by the Board, which will be revealed later this quarter.
Ashton said: 'My decision to retire from leading the company is consistent with my stated plan on taking office. At that time, I laid out a three-year strategy to provide a strong financial footing for PuriCore so as to position it for the next stage of growth.
'I would personally like to thank the PuriCore team and the Board for their continued dedication, hard work and support during this time and to restate my confidence in the future success of the company.'
