May 22, 2018 / 11:25 PM / a month ago

BRIEF-Rockwell Medical Announces CEO Transition

* ROCKWELL MEDICAL ANNOUNCES CEO TRANSITION

* BOARD OF DIRECTORS HAS FORMED A SPECIAL TRANSITION COMMITTEE

* BOARD ANNOUNCED THAT CO’S PRESIDENT AND CEO, ROBERT CHIOINI, HAS BEEN TERMINATED FROM HIS POSITIONS, EFFECTIVE IMMEDIATELY

* ROCKWELL MEDICAL - CHIOINI HAS RESIGNED AS A MEMBER OF THE BOARD AND WILL NOT STAND FOR REELECTION AT THE 2018 ANNUAL MEETING OF SHAREHOLDERS

* BOARD HAS INITIATED A FORMAL SEARCH PROCESS AND RETAINED A LEADING EXECUTIVE SEARCH FIRM TO IDENTIFY A PERMANENT CEO

* SPECIAL TRANSITION COMMITTEE WILL REMAIN IN PLACE UNTIL A NEW CEO IS APPOINTED

* SPECIAL TRANSITION COMMITTEE TO COMPRISE INDEPENDENT DIRECTORS BEN WOLIN, LISA COLLERAN AND JOHN COOPER Source text for Eikon: Further company coverage:

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