Velan Inc. announces that its board of directors has appointed Mr. James Mannebach as CEO of Velan. Mr. Mannebach is the Chair of the Board of Directors of Velan and was previously the interim CEO. Mr. Mannebach has been a director of Velan since 2018 and the Chair of the board of directors of Velan since 2020.

Mr. Mannebach, BSBA, MBA, CPA, is a Managing Partner of Blackbird Group LLC, a private equity investment. Prior to 2024, he was CEO of Power-Sonic Corporation, a leading global provider of power supply and energy storage solutions. Prior to March 2009, he was Group President and CEO of IMI PLC?s Precision Engineering business, a global engineering firm focused on motion and fluid control technologies.

Prior to September 2004, Mr. Mannebach was Group Vice President of the Industrial Technology group of Roper Technologies, a leading global provider of process control, fluid metering and pump systems. Prior to 2003, Mr. Mannebach was employed by Emerson where he served as a Corporate Officer and in the company?s process control business group which focuses on process management, control valves, fluid metering and control solutions including senior leadership positions at Fisher Controls, Rosemont and Micro Motion. Prior to 1988, Mr. Mannebach started his professional career at the global accounting, tax and advisory firm of Deloitte.