Covalon Appoints Brian Pedlar as CEO
Covalon Technologies Ltd. has appointed Mr. Brian Pedlar, a current director of the Company, as Chief Executive Officer of the Company. Mr. Pedlar replaces Dr. Frank DiCosmo, who has terminated his services arrangement with the Company over a disputed bonus payment.
Mr. Pedlar will assume all the duties and responsibilities as CEO and will be working closely with Mr. William Jackson, Covalon's Co-Founder, Chief Business Officer and Chief Financial Officer, Dr. Val DiTizio, Covalon's Co-Founder and Chief Scientific Officer and all of Covalon's talented staff to continue to develop new business opportunities for the Company.
Mr. Pedlar is President of Pedlar Ventures Limited, a private venture investment and consulting firm based in Oakville, Ontario. He has extensive international business development experience in the medical industry as well as mergers, acquisitions and public company finance experience through serving in senior executive positions with public companies including Merge Healthcare, Cedara Software Corp. and IMAX Corporation. Mr. Pedlar holds a Bachelor of Science degree from Mount Allison University, a post-graduate Diploma in Accounting from Wilfrid Laurier University and is a Canadian Chartered Accountant.
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