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Rayont Inc- RAYT- Announces the Appointment of Ms. Ilenna Copley as its Chief Operating Officer.

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Rayont Inc. (RAYT) announced the appointment of Ms. Ilenna Copley as Chief Operating Officer on May 16, 2022. With over 20 years of experience, Ms. Copley brings expertise in legal and commercial advisory, particularly in managing multiple initiatives across diverse sectors including healthcare, technology, and finance. Her role will encompass overseeing business operations and strategy as well as corporate governance. Rayont aims to expand its operations into new markets and continues to focus on manufacturing and distributing alternative medicine products.

Positive
  • Appointment of experienced executive Ilenna Copley as COO.
  • Copley’s background in legal and commercial sectors may enhance strategic outcomes.
  • Potential for business expansion into new markets.
Negative
  • Concerns regarding continuity and experience gaps with new leadership.

Palo Alto, California, May 20, 2022 (GLOBE NEWSWIRE) -- Rayont Inc. (“Rayont” or the “Company”) (OTC PINK: RAYT), an international healthcare company specializing in the manufacturing, distribution of alternative medicine products and services across the entire value chain, announced that on 16 of May 2022 it appointed Ms. Ilenna Copley as its Chief Operating Officer.

In this new role, Ms. Copley will oversee business operations, business strategy, corporate governance, investor relations and third-party engagements. Ms. Copley is an experienced executive business advisor with a strategic business and entrepreneurial mind, together with strong capabilities in simultaneously managing multiple major initiatives.

For over 20 years, Ms. Copley has provided legal and commercial advice to Boards and C-Suite executives, from major businesses to start ups, with a focus on achieving optimal strategic outcomes on a financially astute basis, while mitigating risk.

Ms. Copley began her legal career as an Associate to a Justice of the Supreme Court of Queensland, Australia, and progressed to Special Counsel at a top tier law firm, where she maintained a dual focus practice of commercial advisory and major dispute resolution work.

She has extensive commercial and legal experience across multiple sectors, including general commercial, mining, energy and resources, infrastructure, pharmaceuticals, technology including Blockchain, finance, investment, environment, agribusiness, sport, media, government and humanitarian.

“We are delighted Ilenna is joining Rayont Inc. in a leadership role,” said Rayont’s President & CEO, Ms Marshini Aliya Moodley. “Ilenna’s multifaceted capabilities and experience will comprehensively serve the commercial interests and vision for the future of Rayont Inc., including as it continues to expand its operations into new markets.”

About Rayont Inc.

Rayont, Inc. (RAYT) is a public traded company incorporated in Nevada, USA since its inception in 2011. In 2018, the Company repositioned itself to focus on healthcare including the manufacturing, distribution of alternative medicine products and services across the entire value chain.

Longer term, it has also invested in a ground-breaking cancer treatment technology through an exclusive license arrangement for the Sub-Saharan African territories.

Headquartered in Australia with expanding operations internationally, Rayont`s purpose is “Making Natural Products to Improve People`s Health”. We do this by investing in early research and development, establishing high quality manufacturing assets for regional distribution and operating across the alternative medicine value chain.

Our underlying strategy is to grow organically, selectively acquire, scale profitable assets and improve efficiency through digitalization.

For further information, please visit www.rayont.com

SAFE HARBOR

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, are subject to Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbors created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and other results and further events could differ materially from those anticipated in such statements. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.

Company Contact:
Investor Relations
ir@rayont.com


FAQ

What recent leadership change occurred at Rayont Inc. (RAYT)?

On May 16, 2022, Rayont Inc. appointed Ms. Ilenna Copley as Chief Operating Officer.

What are Ms. Copley's qualifications for the COO position at Rayont?

Ms. Copley has over 20 years of experience providing legal and commercial advice, with a focus on strategic outcomes.

How might the appointment of Ilenna Copley impact Rayont's business strategy?

Her extensive experience in managing complex initiatives could strengthen Rayont's business operations and strategic growth.

RAYONT INC

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Packaged Foods
Consumer Defensive
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United States of America
Palo Alto