Covalon Technologies Ltd. announced that its Board of Directors (the ?Board?) has appointed Mr. Brent Ashton to serve as a director of the Company, effective immediately. Mr. Ashton brings a wealth of experience in the MedTech industry, having led large business units responsible for wound care, vascular access, infection prevention and pre-analytical diagnostics at medical industry leaders 3M Health Care and BD (Becton Dickinson). With his broad experience in the sector, Mr. Ashton is poised to lead Covalon into its next phase of growth and development.

Mr. Ashton is a seasoned executive with more than 25 years of experience. He was most recently at BD as Vice President and General Manager responsible for the Specimen Management Business Group (best known for the Vacutainer® brand of blood collection tubes and needles). Prior to his role at BD, Mr. Ashton spent 13 years at 3M Health Care, excelling in roles that ranged from Global Business Director to Business Unit Vice President.

His most recent role at 3M Health Care involved leading commercial and cross-functional efforts for the Patient Preparation and Management Business Unit with greater than $2.0 billion in worldwide revenue focused on vascular access, securement, patient monitoring, device reprocessing, patient warming and surgical infection prevention businesses. Mr. Ashton is a graduate of the Ivey School of Business at Western University in London, Ontario, Canada with a Bachelor of Arts in Honors Business Administration (Marketing and International). In connection with the appointment of Mr. Ashton, the Board has accepted the resignation of Amir Boloor in his capacity as the Interim Chief Executive Officer of the Company and has appointed Mr. Boloor to the role of Executive Chair of the Company.

In his new role Mr. Boloor will be working closely with the Board, Mr. Ashton and the management team of Covalon.