Brief: Jack Nathan Medical Corp Says Terminated Employment Of George Barakat As CEO

Jack Nathan Medical

21/05/2021 14:28

May 21 (Reuters) - Jack Nathan Medical Corp  JNH.V :
    * JACK NATHAN MEDICAL CORP - FOLLOWING A STRATEGIC REVIEW OF
CO,
BOARD TERMINATED EMPLOYMENT OF GEORGE BARAKAT AS CEO OF CO AND
ITS UNITS
    * JACK NATHAN MEDICAL CORP - MIKE MARCHELLETTA, CO-FOUNDER
AND
PRESIDENT WILL ASSUME ROLE OF INTERIM CHIEF EXECUTIVE OFFICER,
EFFECTIVE IMMEDIATELY
    * JACK NATHAN MEDICAL CORP - NEIL J. LABATTE HAS BEEN
APPOINTED AS
CHAIRMAN OF BOARD OF DIRECTORS
    * JACK NATHAN MEDICAL CORP - BARAKAT WILL CONTINUE TO SERVE
AS A
DIRECTOR OF COMPANY
    * JACK NATHAN MEDICAL CORP - COMMENCING A SEARCH PROCESS TO
IDENTIFY A SUITABLE SUCCESSOR TO FILL ROLE OF CEO ON A PERMANENT
BASIS

Source text for Eikon:  ID:nBw1ZGQpqa 
Further company coverage:  JNH.V 

 ((Reuters.Briefs@thomsonreuters.com;))