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LONDON (Alliance News) - Medical imaging firm Feedback PLC announced Tuesday the promotion of Feedback Medical Chief Executive Tom Oakley to group CEO.
Oakley became head of Feedback Medical in February, and he has "significant" experience launching and developing healthcare products, Feedback said.
Alastair Riddell will now revert back to the role of non-executive chair, having served in the interim as executive chair.
Riddell commented: "Tom is already making an impact on the company and we welcome him stepping up to become CEO of Feedback." 3
"As an able and ambitious entrepreneurial radiology doctor with a proven track record in developing innovative medical products, he understands the technology and is well placed to drive the company forward, towards market expansion."
Shares were down 9.5% on Tuesday afternoon at 0.95 pence each.