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Proteomics International Laboratories Ltd (ASX:PIQ)
ALERT: Price-sensitive ASX Announcement for PIQ
Current share price for PIQ : $0.160 -0.63 (-79.75%)+
Announcement
Release
14 Jan 2026 8:44AM
Price at Release
$0.790
Full Release
Summary
Proteomics International Laboratories Ltd announced the appointment of David Morris as the new CEO and Managing Director, effective 19 January 2026. David Morris is an experienced executive with a strong background in healthcare and medical technology, having held leadership roles at Cochlear, Nanosonics, and Polynovo. His expertise in strategy development and global market expansion aligns with the company's focus on commercial execution and international market penetration for its Promarker® diagnostic pipeline. Morris succeeds Dr. Richard Lipscombe, who after 25 years, retires but will assist during a transition period until 23 February 2026. The employment terms for Morris include a total fixed remuneration of A$450,000 per annum, with additional incentives structured through short-term and long-term performance metrics.
Key Points
- David Morris appointed as CEO and Managing Director, effective 19 January 2026.
- David Morris has a strong background in global healthcare and medical technology.
- Focus on commercial execution and market expansion for the Promarker® pipeline.
- Transition from Dr. Richard Lipscombe, who retires after 25 years of leadership.
- Morris's remuneration includes A$450,000 per annum with performance-based incentives.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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