Novan Announces Planned Chief Executive Officer Transition

• Paula Brown Stafford appointed as CEO effective February 2, 2020
• G. Kelly Martin’s term as CEO will end on February 1, 2020, per his employment contract
• Mr. Martin will step down from the Novan Board of Directors effective February 3, 2020

 

MORRISVILLE, N.C., Dec. 18, 2019 (GLOBE NEWSWIRE) — Novan, Inc. (“the Company” or “Novan”) (Nasdaq:NOVN) today announced that Paula Brown Stafford, currently President and Chief Operating Officer (“COO”) of Novan, will succeed G. Kelly Martin as its Chief Executive Officer (“CEO”), effective February 2, 2020, and she will remain a member of the Novan Board of Directors.