something from Sco Po .. ImpediMed gets new CEO and...

something from Sco Po ..

ImpediMed gets new CEO and CFOBrisbane-based medical software technology company ImpediMed (ASX:IPD) started the week by announcing its continuing its leadership changes with Rick Valencia stepping down from his role as CEO effective immediately, to be replaced by Dr Parmjot Bains on January 8 2024.IPD announced Tim Cruickshank had stepped down as CFO, and chair McGregor Grant had assumed the responsibilities of CFO effective immediately in an interim capacity, and will be an executive chairman.IPD has a bit of a board stoush going on this year following a capital raising and perceived risk to shareholder wealth.In August IPD announced in accordance with ASX listing rules it had received notice from shareholders holding at least 5% of the votes that directors hold a general meeting of the company to remove four of the existing directors and replace them. At a general meeting on September 28, the directors were removed and replaced. Power says McGregor Grant is the former CFO and company secretary of Nanosonics (ASX:NAN) and has a very good reputation.“We’re of the view that the incoming board of directors and new CEO will very get this company back on track and it is in good hands,” Power says.IPD focuses on non-invasively measuring, monitoring, and managing fluid status and tissue composition using bioimpedance spectroscopy (BIS) medical technology.The company achieved a key milestone earlier this year when the US National Comprehensive Cancer Network (NCCN) included BIS as part of its new version of guidelines as an objective measurement tool to identify early signs of lymphoedema.

people "in the know " like what has gone on ... apparently .. AGM next week .. eagerly awaiting news etc ..

cheers ..

Doggy..