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PEB Announces Executive Team Changes to Support Growth

Thursday 15th October 2020

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Pacific Edge Limited (NZX: PEB ) is strengthening and expanding its executive team as the company positions itself for growth, following the recent commercial milestones in the multi-billion dollar US healthcare market.

Retirement of Jimmy Suttie

Senior Vice-President of Global Operations for Pacific Edge, Jimmy Suttie, has advised that he will be retiring mid2021 but will remain available to Pacific Edge on a part time contract basis as required. A plan has been put in place to ensure a seamless transition over this time.

Pacific Edge CEO, David Darling, said: “Jimmy joined Pacific Edge at a formative time when the company was defining and developing new molecular diagnostic products. He was an integral part of the new product and clinical teams leading the development of the commercial protocols, design and implementation of our high-throughput laboratories and teams of scientists, medical technologists, software coders and biostatisticians that enable the Pacific Edge business.

“He was an active member of the team developing the clinical evidence that underpins the commercialisation of our Cxbladder products and chair of Pacific Edge’s Publications team, which was responsible for the many scientific and clinical publications of which Jimmy was also an author on many. Jimmy has a long list of achievements and has been an integral part of many world-firsts as Pacific Edge has secured its place in the global medical technology arena.”

Strengthening of the Executive Team

Pacific Edge will add three new roles to the New Zealand executive team to support its growth aspirations – Chief Technical Officer (CTO), Chief Operating Officer (COO) and Chief Information Officer (CIO). An internal appointment has been made to the CTO role and Pacific Edge congratulates Justin Harvey on his successful appointment. Recruitment will shortly commence for the COO and CIO roles to ensure high quality candidates for these positions.

CEO, David Darling, said: “Pacific Edge has always operated with a very lean management team. We are now at an appropriate time in our company’s evolution to add strength to our team as we look to leverage the opportunities ahead of us.”

Source: Pacific Edge Limited (NZX: PEB )

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