Purple Biotech CEO Gil Efron to Step Down in August 2026
Purple Biotech announced that Gil Efron, CEO, will step down from his role as CEO effective August 2026. Efron will remain actively involved with the Company, transitioning to lead corporate development and continuing as a member of the Board of Directors. In this new capacity, he will focus on identifying strategic initiatives, partnerships, and support the Company's financing activities as needed. The Board of Directors has initiated a formal search process to appoint a new CEO The Board of Directors has initiated a search process to identify a new CEO with experience leading innovative biotechnology companies and advancing novel therapeutic platforms. Mr. Efron will continue to serve as CEO until August 2026 or until a successor is appointed, ensuring a smooth and orderly leadership transition. Mr. Efron has also been appointed to the Board of Directors, to serve as a second class director, effective immediately and until the annual general meeting of shareholders of the Company to be held in 2026.
