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May 8th, 2007
Biophan Technologies Inc. CEO Michael Weiner has resigned as CEO but will stay on as president and as a director, company officials said Tuesday.
The board has formed an executive committee to oversee the operations of the organization. It includes Weiner, Chairman Guenter Jaensch and Stanley Yakatan, a board member.
"Today's announcement represents the beginning of a series of alterations to the Biophan business designed to bring about positive change," Jaensch said in a statement. "The role of the executive committee will be to transform the company's short-term and long-term goals into management objectives for the staff, and where necessary, implement tactics."
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