FORT LAUDERDALE, Fla., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Motus GI Holdings, Inc., (NASDAQ:MOTS) ("Motus GI" or the "Company"), a medical technology company focused on improving endoscopic outcomes and experiences, announced the appointment of Scott Durbin to the Company's Board of Directors (the "Board"). Mr. Durbin has more than 25 years of executive leadership, finance and clinical development experience, including the execution of over $5 billion in financings and merger transactions. In addition, the Company announced that David Hochman and Darren Sherman, independent members of the Board, have stepped down from the Board due to time requirements of their roles as Chief Executive Officer and President & COO, respectively, at Orchestra BioMed Holdings, Inc. (NASDAQ:OBIO). Their resignations are effective September 6, 2023.
"We are excited to have Scott join our Board. His extensive experience in the financial markets and as an executive in the life sciences industry are expected to immediately bring value to Motus and complement the experience of our current Board," commented Tim Moran, Chairman of the Board. "On behalf of the Board and the whole team at Motus, I would like to thank David and Darren for their leadership and vision in founding Motus back in 2012. Their experience in the capital markets and medical technology research, has provided invaluable insights that have helped Motus achieve key milestones in bringing the Pure-Vu System to physicians and their patients. We wish them ...