Sean Whelan Appointed to Board of Directors
13 September 2021 - 10:17PM
Zomedica Corp. (NYSE American: ZOM) (“Zomedica” or the “Company”),
a veterinary health company creating point-of-care diagnostics
products for dogs and cats, announced that Sean Whelan has been
appointed to its Board of Directors to fill the vacancy created by
the resignation of Christopher Wolfenberg.
Robert Cohen, Zomedica’s Chief Executive
Officer, commented that: “We all are very pleased to be joined by
an executive with Sean’s sterling background. His broad and deep
experience and expertise in financial matters, as well as his
previous service with publicly listed companies, will be an
excellent addition to our Board. I look forward to Sean assuming
the Chairmanship of our Audit Committee, and to working with him on
a wide variety of issues as Zomedica progresses. I also would like
to thank Chris Wolfenberg for his service on the Board and for his
valuable counsel during the time that we worked together.”
Mr. Whelan presently is the Chief Executive Officer of Encore
Rehabilitation Services, a provider of outcome-driven therapy
services and associated compliance and revenue cycle support
services. He also previously served as the Company’s CFO from 2017
to 2018.
From 2019 to 2020, Mr. Whelan served as CFO of Smile America
Partners, and from 2018 to 2019 as CFO of Bedrock Manufacturing,
LLC. He served from 2010 to 2016 as CFO, secretary, treasurer, and
a director of Diplomat, Inc. (NYSE: DPLO), a then publicly traded
specialty pharmacy, where he was responsible for finance, external
reporting, and investor relations, strategy and M&A.
Mr. Whelan served from 2007 to 2010 as CFO of InfuSystem
Holdings Inc., a publicly traded health care services company.
Prior to his various healthcare executive roles, Mr. Whelan held
senior finance positions with Ford Motor Company from 1996 through
2007, including serving as accounting director for Automotive
Components Holdings, LLC, a then Ford subsidiary.
Mr. Whelan began his career with Deloitte in 1994, serving a
diverse set of audit clients in the firm’s Detroit office, and
earned his CPA license while with the firm. He holds Bachelor of
Business Administration and Master of Accounting degrees, both from
the University of Michigan’s Ross School of Business. Mr. Whelan
also presently serves (since 2019) on the Board of Directors of
OptioRx, a specialty pharmacy company.
Mr. Whelan commented that: “As a dog and cat owner, I am excited
by the prospects of Zomedica’s present and future products. And as
a business executive, I am thrilled to partner with Rob and the
Board to help nurture that growth.”
About Zomedica
Based in Ann Arbor, Michigan, Zomedica (NYSE
American: ZOM) is a veterinary health company creating products for
dogs and cats by focusing on the unmet needs of clinical
veterinarians. Zomedica’s product portfolio will include innovative
diagnostics and medical devices that emphasize patient health and
practice health. It is Zomedica’s mission to provide veterinarians
the opportunity to increase productivity and grow revenue while
better serving the animals in their care. For more information,
visit www.ZOMEDICA.com.
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Reader AdvisoryExcept for
statements of historical fact, this news release contains certain
"forward-looking information" or “forward-looking statements”
(collectively, “forward-looking information”) within the meaning of
applicable securities law. Forward-looking information is
frequently characterized by words such as "plan", "expect",
"project", "intend", "believe", "anticipate", "estimate" and other
similar words, or statements that certain events or conditions
"may" or "will" occur and include statements relating to our
expectations regarding future results. Although we believe that the
expectations reflected in the forward-looking information are
reasonable, there can be no assurance that such expectations will
prove to be correct. We cannot guarantee future results,
performance or achievements. Consequently, there is no
representation that the actual results achieved will be the same,
in whole or in part, as those set out in the forward-looking
information.
Forward-looking information is based on the
opinions and estimates of management at the date the statements are
made, including assumptions with respect to American economic
growth, demand for the Company’s products, the Company’s ability to
produce and sell its products, sufficiency of our budgeted capital
and operating expenditures, the satisfaction by our strategic
partners of their obligations under our commercial agreements, our
ability to realize upon our business plans and cost control efforts
and the impact of COVID-19 on our business, results and financial
condition.
Our forward-looking information is subject to a
variety of risks and uncertainties and other factors that could
cause actual events or results to differ materially from those
anticipated in the forward-looking information. Some of the risks
and other factors that could cause the results to differ materially
from those expressed in the forward-looking information include,
but are not limited to: uncertainty as to whether our strategies
and business plans will yield the expected benefits; uncertainty as
to the timing and results of development work and verification and
validation studies; uncertainty as to the timing and results of
commercialization efforts, as well as the cost of commercialization
efforts, including the cost to develop an internal sales force and
manage our growth; uncertainty as to our ability to supply
equipment and assays in response to customer demand; uncertainty as
to the likelihood and timing of any required regulatory approvals,
and the availability and cost of capital; the ability to identify
and develop and achieve commercial success for new products and
technologies; veterinary acceptance of our products; competition
from related products; the level of expenditures necessary to
maintain and improve the quality of products and services; changes
in technology and changes in laws and regulations; our ability to
secure and maintain strategic relationships; performance by our
strategic partners of their obligations under our commercial
agreements, including product manufacturing obligations; risks
pertaining to permits and licensing, intellectual property
infringement risks, risks relating to any required clinical trials
and regulatory approvals, risks relating to the safety and efficacy
of our products, the use of our products, intellectual property
protection, risks related to the COVID-19 pandemic and its impact
upon our business operations generally, including our ability to
develop and commercialize our products, and the other risk factors
disclosed in our filings with the SEC and under our profile on
SEDAR at www.sedar.com. Readers are cautioned that this list of
risk factors should not be construed as exhaustive.
The forward-looking information contained in
this news release is expressly qualified by this cautionary
statement. We undertake no duty to update any of the
forward-looking information to conform such information to actual
results or to changes in our expectations except as otherwise
required by applicable securities legislation. Readers are
cautioned not to place undue reliance on forward-looking
information.
Investor Relations Contact: PCG Advisory Kirin
Smith, Presidentksmith@pcgadvisory.com+1 646.823.8656
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