2023-06-12 09:23:55 ET
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Ocumetics ( OTCQB:OTCFF ) appoints Mr. Dean Burns as President and CEO and will also join the Ocumetics board.
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Mr. Burns was previously a consultant of the Corporation, assisting with the Corporation’s regulatory and marketing endeavours.
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Mr. Burns is recently retired from Alcon Vision, where he was a Senior Director of Cataract Instrumentation and Advanced Consumable Technology, a business of Alcon.
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Further to the announcement of Dr. Mark Lee’s resignation effective June 30, 2023, Dr. Lee stepped down as President and CEO on June 12, 2023.
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In connection to his appointment , Ocumetics has issued 1.6M incentive stock options to Mr. Burns. Each option entitles the holder to purchase one common share of Ocumetics at an exercise price per common share of $0.32 for a period of five years, with the options vesting over three years.
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Ocumetics appoints Dean Burns as President and CEO