Velan names six executives in leadership restructuring

Velan Inc. (TSX: VLN) announced six senior leadership appointments on July 27, 2026, as part of a reorganization into global corporate functions and regional business units.

The newly appointed executives are Laurent Pefferkorn as Chief Commercial Officer, Daniel Velan as Chief Product Officer, Victor Apostolescu as Vice President of Global Quality, Max Rogan as Chief Legal, Human Resources and Administrative Officer, Bryant Holt as Executive Vice President and Managing Director for the Americas, and William Toqueboeuf as Executive Vice President and Managing Director for Europe, Middle East and Africa.

Rogan previously served as Chief Legal Officer at Polycor and Uni-Select before joining Velan. Toqueboeuf also joined the company as part of these appointments.

The six new appointees join previously announced executives Rishi Sharma, President and Chief Executive Officer, and Imran Gibbons, Chief Financial Officer, to form the company's full executive team. Sharma and Gibbons were appointed in connection with the sale of a controlling interest in Velan by Velan Holding Co. Ltd. to funds managed by Birch Hill Equity Partners Management Inc.

"By simplifying our structure, strengthening accountability and bringing decision-making closer to our customers and markets, we are creating a stronger foundation for operational excellence," said Sharma.

Velan, founded in Montreal in 1950, manufactures industrial valves and reported sales of $296.4 million in its last fiscal year. The company employs 1,273 people across manufacturing plants in nine countries.

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