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United States

Akers Biosciences Inc (AKR.L)

AKR.L on London Stock Exchange

167.50GBp
2 Dec 2016
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Summary

Name Age Since Current Position

Thomas Knox

74 2016 Chairman of the Board

John Gormally

2015 Chief Executive Officer

Raymond Akers

57 2016 Co-Founder, Chief Scientific Director, Director

John Cheneval

2015 Executive Vice President, Sales and Marketing

Gary Rauch

59 2014 Senior Vice President - Finance, Treasurer

Christopher Ellis

2015 Vice President - Global Marketing

Robert Andrews

53 2015 Non-Executive Director

Raza Bokhari

48 2015 Non-Executive Director

Brandon Thomas Knox

35 2014 Independent Director

Gavin Moran

43 2013 Independent Director

Biographies

Name Description

Thomas Knox

Mr. Thomas James Knox is Chairman of the Board of the Company. He was appointed as Co-Chairman on August 11, 2014. Mr. Knox is currently the Chief Executive Officer of Knox Consulting Group, an advisory and investment firm, as well as Chairman of ORB Automotive Corporation, Ltd. (appointed in 2011), a company focused on the development and manufacture of various components used in the Chinese automotive industry including adhesives and rubber molds. In May of 2007, Mr. Knox was a candidate for Mayor of Philadelphia. From April 2004 to April 2006, Mr. Knox was the Chief Executive Officer of United Healthcare of Pennsylvania, a division of United Healthcare, Inc., the largest health insurance provider in the world. From 1999 to 2004, Mr. Knox was Chairman of the Board and Chief Executive Officer of Fidelity Insurance Group, Inc., a Maryland and Pennsylvania licensed group life and health insurance provider. From 1988 through June 2000, Mr. Knox was the Chairman of the board and Chief Executive Officer of Crusader Holding Corporation, a NASDAQ listed company which was the owner of a multi-branch bank serving the greater Philadelphia area. Mr. Knox is a Chartered Life Underwriter (CLU) and Chartered Financial Consultant (ChFC), and is active in Philadelphia politics having held the position of Deputy Mayor for the Office of Management and Productivity from 1993 to 1999. Mr Knox also currently serves as the Chairman of INDECS Corp, a full service health benefit third party administrator affiliated with Aetna Corporation. From 1999 through the present, Mr. Knox has been a director of Historic Philadelphia Incorporated. Mr. Knox was a candidate for Governor or Pennsylvania from 2008 to 2010.

John Gormally

Mr. John J. Gormally serves as Chief Executive Officer of the Company. John joins Akers Bio following a highly successful career - spanning over 30 years - with the global medical technology company Becton Dickinson. His most recent position with Becton Dickinson was as Vice President, US Region Business Leader of Preanalytical Systems with responsibility for the sample collection, venous access and the molecular diagnostic business platforms. John helped successfully grow annual business revenues by more than $80 million in a business unit that contributed annual revenues of over $650 million. He led a multi-functional team of 92 associates including sales, marketing and finance teams. Prior to this role, John was Vice President, Worldwide Sales of Preanalytical Systems, leading a global sales function with 256 associates and annual revenues of $1.1 billion. During his five years John contributed to revenue growth of $242 million in both product volume and price - a period of record growth in revenue and profitability for the business unit. Before joining Preanalytical Systems, John held the position of Vice President BD Diabetes Care with responsibility for the US sale and distribution of diabetes care products and services and, in particular, for launching a product for blood glucose monitoring. John created and implemented a market strategy for the test, including making the sales force accountable for superior results. He successfully led a team of 57 associates with annual revenues of $331 million. John exceeded revenue budgets with annual sales growth of 8.4%. John graduated with a B.S. Biology from DeSales University, PA in 1978.

Raymond Akers

Dr. Raymond Francis Akers Jr. Ph.D. is Co-Founder, Chief Scientific Director, Director of Company. Dr. Akers founded the Company in 1989. He has over 25 years of experience in the diagnostics industry having co-founded Drug Screening Systems, Inc., a publicly listed company, in 1987, and Akers Medical Technology Inc. in 1984. He was Chief Executive Officer and vice president of research and development of Drug Screening Systems, Inc. until the sale of that company in 1989 and served as President and Chief Executive Officer of Akers Medical Technology Inc. until 1987. Dr. Akers holds a Ph.D. in Neurochemistry from Northwestern University. Dr. Akers has either invented or directed the research and development of all of the Company’s products and technologies.

John Cheneval

John C. Cheneval is Executive Vice President, Sales and Marketing of Akers Biosciences, Inc. Mr. Cheneval is a leader in the field of commercializing diagnostic products within the healthcare sector. He has 25 years of high level industry experience including senior roles within Johnson & Johnson, Novartis Molecular Diagnostics and Genoptix Medical Labs. Mr. Cheneval has a successful track record of commercializing diagnostic tests and launching novel assays into the market. He has been responsible for the launch and management of several hundred million dollars of diagnostic product sales.

Gary Rauch

Gary M. Rauch is Senior Vice President - Finance, Treasurer of Company. Gary M. Rauch has over 35 years of experience in accounting, financial and information systems consulting, discrete manufacturing, distribution and administration. Mr. Rauch was appointed the Vice President of Finance and became an employee of the Company effective February 2, 2014. Prior to this time, Mr. Rauch was the Company’s controller from March, 2010 through February 2, 2014. Additionally, Mr. Rauch has served as the Company’s treasurer from August 5, 2013 through the present. Mr. Rauch also founded DataSys Solutions, LLC in 2004 and is currently the managing member. DataSys Solutions LLC specializes in financial and information systems consulting and technical support services. From July, 2002 through March, 2010, Mr. Rauch was the controller for Cold Star, Inc., a manufacturer of dairy dispensing equipment and a dairy products distributor. Mr. Rauch also worked for six years as consulting manager with Deloitte & Touche providing financial system selection, development and implementation services for their small to middle market clients.

Christopher Ellis

Mr. Christopher Ellis is s Vice President, Global Marketing of Company. Mr. Ellis most recently led provider marketing for (and was one of six founding members of) Vree Health, LLC, a wholly-owned subsidiary of Merck, one of the largest pharmaceutical companies in the world. Prior to Vree Health, Mr. Ellis spent 12 years in various positions of increasing responsibility within sales and marketing at Merck

Robert Andrews

Mr. Robert E. "Rob" Andrews is Non-Executive Director of the Company. Robert E. Andrews has over 20 years of experience in public service serving in a variety of capacities. From March 2014 through the present, after nearly 24 years of public service, Mr. Andrews joined Dilworth Paxson LLC to lead its Government Affairs. Mr. Andrews first became a member of the Camden County Board of Chosen Freeholders from 1986 to 1990, including two years as freeholder director (1988–1990). Following this, he was elected to the US House of Representatives for New Jersey’s 1st congressional district in 1990. He served in this position until 2014. While serving as a representative, Mr. Andrews was nominated as the Co-Chairman of the Democratic Steering and Policy Committee by Leader Pelosi and held this position from 2012 until 2014. He was also a ranking member of the Subcommittee on Health, Employment, Labor and Pensions and served as chairmen from 2007 to 2010. Mr. Andrews was also a member of the House Armed Services Committee and became chairman of a Special Panel on Procurement Reform in 2009 and served until 2010. He became a ranking member of Special Panel on Pentagon Audit in 2011 and served until 2012. Mr. Andrews also served as a member of the Education and the Workforce Committee from 1990 to 2014, a member of the House Budget Committee from 2007 to 2011, a member of the House Foreign Affairs Committee from 1993 to 1998, and a member of the House Small Business Committee from 1990 to 1992. Mr. Andrews has an undergraduate degree from Bucknell University and a juris doctorate from Cornell Law School.

Raza Bokhari

Dr. Raza Bokhari, M.D. is Non-Executive Director of the Company. Dr. Bokhari has significant experience of working with life science and healthcare services companies in the US. He currently serves as the Managing Partner of RBx Capital LP, a private equity fund in formation focused on investing in all segments of the US laboratory testing market. Dr. Bokhari is also Chairman and CEO of Parkway Clinical Laboratories, a College of American Pathologists accredited national CLIA-certified clinical reference laboratory performing diagnostic testing procedures. In 2001, Dr. Bokhari acquired Lakewood Pathology Associates. During his term as President and CEO, until 2007, Lakewood Pathology Associates grew revenues ten times, expanded its client base to 25 states and created over 100 new jobs in the South Jersey region. It was sold in 2006 to Chicago-based private equity fund, Water Street Healthcare Partners, and received a $50 million equity commitment. Dr. Bokhari has a Doctor of Medicine degree from the University of Punjab, Rawalpindi Medical College, Pakistan, and an Executive MBA from The Fox School of Business at Temple University, PA, where he now serves as Chairman of the Executive Advisory Committee. Dr. Bokhari is frequently retained as a consultant for due diligence by private equity and venture capital funds focused on investing in life science, biotechnology and healthcare services companies.

Brandon Thomas Knox

Brandon Thomas is Independent Director of Company. Knox Brandon Knox has been a wealth advisor at Raymond James in Philadelphia since December 2012. His practice focuses on investment and estate solutions for high net worth families and individuals as well as public and private institutions both locally and nationally. Prior to joining Raymond James, Mr. Knox was a wealth advisor at Morgan Stanley from July 2008 to October 2012. From 2006 to 2008, Mr. Knox served as Deputy Finance Director for the Philadelphia mayoral campaign of his Father, Thomas Knox. In this role he concentrated on the organization and management of campaign fundraising efforts as well as the planning and execution of campaign events and off-site functions. Mr. Knox was a Leasing Associate for SSH Realty in Philadelphia from 2005 to 2007 handling lease negotiations for both commercial tenants and landlords. Mr. Knox holds a BS in Economics from West Chester University and an MBA in Financial Management from Drexel University. Mr. Knox sits on the Board of Directors of The Committee of Seventy and is a member of the Drexel University Presidents Leadership Council and the Archdiocese of Philadelphia’s OSD Advisory Council. Mr. Knox holds a B.S. in Economics from West Chester University and an M.B.A. in Financial Management from Drexel University’s LeBow College of Business. The Company believes that Mr. Knox vast experience with corporate finance and financial management will make him an ideal board member helping the Company to manage its finances as it continues its growth.

Gavin Moran

Gavin Edwin David Moran is Independent Director of Company. Gavin Moran has previously worked for Shell International as a Trader, rotating through different departments including Shell chemicals, marketing, finance and International Trading from 1988 to 1995. Mr. Moran held a trading role as a beneficial shareholder at Trafigura Ltd, where he was a Trading Manager based in South Africa and London with responsibility for all the group’s activities and with joint responsibility for trading activities in East Africa and Far East, from 1995 to 2008. Since April 2010, Mr. Moran has held a trading role as a beneficial shareholder at Sono International Ltd where he is responsible for the group’s commercial activities, investments and strategy. He is based in Ghana and London. The Company believes that the Mr. Moran’s extensive experience in marketing and finance will assist the Company’s growth strategy and development as a public company. Family Relationships Tom Knox and Brandon Knox are father and son, respectively. There are no other family relationships among any of our directors or executive .

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