LED Medical Announces Changes to Board of Directors
LED Medical Diagnostics Inc. (TSXV:LMD,OTCQX:LEDIF,FWB:LME) announced a new Chairman of the Board and Director, Darryl J. Yea. Mr. Yea is the President of Investco Capital Management Inc. Dr. David Gane, Lamar Roberts, President of the Company’s wholly-owned operating division, LED Dental, and Al Fiore, the Chairman and CEO of PowerWorks, a leading provider of high end electrical contracting services, were also appointed to the board of directors.
As quoted in the press release:
“We are very pleased that Darryl has agreed to become Chair,” stated David Gane, CEO, LED Medical. “His extensive business and investment knowledge and experience are expected to further enhance LED Medical leadership as we continue to rapidly expand the Company’s product portfolio and forge further inroads into national and international markets.”
Mr. Fiore has extensive experience in the dental market. He served as Senior Vice President of Corporate Development and Marketing for PracticeWorks Inc. from its inception until its acquisition by The Eastman Kodak Company in 2003. Dr. Gane, Mr. Roberts and Al Fiore were members of a dynamic group of executives that built PracticeWorks into the one of the largest technology companies in the oral healthcare sector. In addition, Peter Whitehead, the founder and former CEO of LED Medical, has decided to step down as a director and pursue his interests as a medical inventor. Peter will serve as a consultant to LED Medical for the next year. “Peter has been unwavering in his support of the new management team at LED Medical,” stated Dr. Gane. “He has voluntarily transitioned out of his role as CEO in October 2013 to concentrate on research, development, special projects and business opportunities for the Company,” stated Dr. David Gane, CEO. “At his very core, Peter is a pioneer in the field of medical technology and he has recently taken three projects from concept to human use. I believe that his ingenuity, dedication to science and passion for innovation will continue to be a driving force in his career.”
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