23rd Mar 2021 11:51
MyCelx Technologies Corporation - clean water firm based in the state of Minnesota, US - Says Non-Executive Chair Tim Eggar to step down at the company's annual general meeting in July. Notes Eggar joined MyCelx in 2011 and has worked on its initial public offering, growth and the "recent challenging period." Says Non-Executive Director Tom Lamb will take over the role of chair after Eggar's departure. Adds MyCelx will consider making a further independent non-executive director appointment, so the board has three independent directors including the chair.
"Under his guidance, MyCelx has expanded into new territories and diversified its patented product offering. Tim has been instrumental in helping us get to where we are today, empowering leadership to take the company in new directions, and we owe him a considerable debt of gratitude," says Chief Executive Connie Mixon.
Current stock price: 48.25 pence, up 11% on Tuesday
Year-to-date change: up 49%
By Zoe Wickens; [email protected]
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