CVR Medical Corp. has announced effective immediately, it has accepted the resignation of Peter Bakema who has served as CEO, President and Chairman of the board. The company is currently engaged in dialogue with several highly experienced candidates to serve in various senior executive and board of director roles.

Additionally, the company has begun dialogue with certain former members of the management team and board who resigned earlier in the year. Dr. Dallas Hack, CVR Medical Interim CFO and Director will also temporarily assume the role as CEO until suitable replacements can be announced.