Mediwound Ltd (MDWD)

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MediWound Announces CEO Transition

https://finance.yahoo.com/news/mediwound-announces-ceo-transition-110100194.html

Ofer Gonen, current Board member and CEO of Clal Biotechnology Industries Ltd., appointed as New CEO – Effective June 30

Will replace current CEO Sharon Malka, who will join the Board of Directors

YAVNE, Israel, May 17, 2022 (GLOBE NEWSWIRE) -- MediWound Ltd. (Nasdaq: MDWD), a fully-integrated biopharmaceutical company focused on next-generation biotherapeutic solutions for tissue repair and regeneration, today announced the appointment of Ofer Gonen as Chief Executive Officer (CEO) of MediWound as of June 30, 2022, succeeding Sharon Malka, who will join the Company's Board of Directors. Ofer Gonen has been a board member in MediWound and the CEO of Clal Biotechnology Industries, Ltd. (“CBI”), MediWound’s largest shareholder, for the past 5 years.

"As the Board and I considered how to best position MediWound for continued growth and long-term success, we determined now is the right time to transition to our next phase of leadership,” said Stephen T. Wills, Chairman of the Board. “Ofer’s expertise and capabilities align closely with our vision of growing MediWound into a global multi-asset significant contributor in the treatment of patients for burns and wound care. His extensive managerial experience in leading companies, global networking and deep understanding of MediWound’s strengths and potential, position him uniquely to lead MediWound in its further development. On behalf of the entire Board, I want to thank Sharon for his dedicated years of service and express our gratitude and deep appreciation for his contributions to the Company’s advancement and success.”

Mr. Ofer Gonen noted, “I am honored and excited to assume the role of MediWound's Chief Executive Officer. Thanks to the strong foundations built by Sharon and his team, as well as the experience and ongoing support of our Board of Directors, MediWound has tremendous potential to grow into a leading global biopharmaceutical company. I look forward to focusing my efforts to achieve the next phase of MediWound’s success as we continue to advance our lead programs to expand patient access to our technologies, and capitalize on opportunities ahead to generate significant value for our shareholders.”

Sharon Malka, CEO of MediWound stated, “I have accomplished my goal as CEO of positioning the Company for long-term success and a strong future. The Company’s pipeline portfolio is in a strong position for continued growth, including market expansion of our successful commercial product, a potential near-term launch in the U.S., and a promising best-in-class therapy for wound care. It has been an honor to lead this company and the entire team at MediWound and now I look forward to supporting Ofer in my new role as a member of the board of directors, and helping the company realize the tremendous opportunities that lie ahead.”

Ofer Gonen will assume the role of the Chief Executive Officer after serving as the CEO of Clal Biotechnology Industries Ltd. (TASE: CBI) and Cactus Acquisition Corp. 1 (Nasdaq: CCTS). He has more than 20 years of experience in managing life science investments and global business collaborations. Mr. Gonen serves as a board member of several publicly-traded biopharmaceutical technology companies, including, Gamida Cell (Nasdaq: GMDA), MediWound (Nasdaq: MDWD) and Cactus (Nasdaq: CCTS), as well as a managing partner at the Anatomy Medical Fund. Prior to joining CBI, he was the General Manager of Biomedical Investments Ltd., and the founder and Managing Partner at Arte Venture Group. Mr. Gonen is a strong business development professional, skilled in entrepreneurship, global strategic partnerships, IPOs, licensing deals, and M&A transactions. He holds a B.Sc. in Physics, Mathematics and Chemistry from the Hebrew University of Jerusalem, and an M.A. in Economics and Finance from Tel Aviv University, with distinction.