RCAR - RenovaCare announces leadership change on Rubino's exit
RenovaCare ([[RCAR]] +0.4%) says that Alan Rubino has resigned as the company's chairman, CEO and president, effective Mar. 25, 2021. The company has appointed Dr. Kaiyo Nedd to serve as interim president and CEO and Harmel S. Rayat to serve as the chairman, effective Mar. 26, 2021. Dr. Nedd has been a practicing medical doctor for over 20 years in Vancouver, British Columbia.Rayat has been a long-time majority stockholder and financial supporter of RenovaCare, with investments of over $20M through his family office Kalen Capital.Now Read: Marijuana distributor Green Thumb shares fall 10% on report of federal probe
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RenovaCare announces leadership change on Rubino's exit