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AVITA Medical Appoints Nicole Kelsey as Chief Legal and Compliance Officer, and Corporate Secretary

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AVITA Medical (NASDAQ: RCEL), a leader in regenerative medicine devices for wound care and skin restoration, announced the appointment of Nicole Linda Kelsey as Chief Legal and Compliance Officer and Corporate Secretary, effective July 1, 2024. Kelsey, with over 20 years of executive legal experience in M&A, securities, and governance, previously held senior roles at Amyris, Criteo, and Medtronic. Her international expertise is expected to bolster AVITA's legal and compliance strategies, aiding its commercial growth.

Donna Shiroma, the outgoing General Counsel, retires after six years of distinguished service. AVITA's CEO, Jim Corbett, praised Shiroma's contributions and leadership, which have significantly impacted the company's growth.

Positive
  • Appointment of Nicole Kelsey brings over 20 years of executive legal experience, enhancing AVITA's legal and compliance strategies.
  • Kelsey's background in M&A, securities, and governance expected to support AVITA's commercial growth initiatives.
Negative
  • Retirement of Donna Shiroma, a key leadership figure with six years of distinguished service, may cause a transitional period.

Donna Shiroma retires after distinguished service as General Counsel

VALENCIA, Calif., July 01, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a commercial-stage regenerative medicine company focused on first-in-class devices for wound care management and skin restoration, today announced the appointment of Nicole Linda Kelsey as Chief Legal and Compliance Officer, and Corporate Secretary, effective July 1, 2024.

Ms. Kelsey has more than two decades of executive legal experience with expertise in M&A, securities, and governance, along with a strong track record building and leading global regulatory and compliance programs. Previously, she served as Chief Legal Officer and Secretary for Amyris, Inc. (Nasdaq: AMRS) and General Counsel and Secretary at Criteo S.A. Prior to these roles, she was the Principal Legal Counsel for Medtronic, Inc. She earned her law degree from Northwestern Pritzker School of Law.

“Nicole is a proven executive with extensive experience developing global regulatory and compliance programs,” said Jim Corbett, Chief Executive Officer of AVITA Medical. “As we continue to scale and broaden our organizational capabilities, Nicole’s international expertise and strategic leadership will enhance our legal and compliance strategies and support our commercial growth initiatives.”

The company also announced the retirement of Donna Shiroma, who has served as General Counsel, Compliance Officer and Corporate Secretary with dedication and distinction for six years. Ms. Shiroma will be assisting with the transition.

"We are incredibly grateful to Donna for her expertise and leadership, which have been instrumental to the growth of AVITA Medical,” said Jim Corbett. “Donna’s commitment and contributions have left an indelible mark. We express our deepest appreciation and wish her all the best in retirement."

About AVITA Medical, Inc.
AVITA Medical® is a commercial-stage regenerative medicine company transforming the standard of care in wound care management and skin restoration with innovative devices. At the forefront of our platform is the RECELL® System, approved by the U.S. Food and Drug Administration for the treatment of thermal burn wounds and full-thickness skin defects, and for repigmentation of stable depigmented vitiligo lesions. RECELL harnesses the regenerative properties of a patient’s own skin to create Spray-On Skin Cells, delivering a transformative solution at the point-of-care. This breakthrough technology serves as the catalyst for a new treatment paradigm enabling improved clinical outcomes. AVITA Medical also holds the exclusive rights to market, sell, and distribute PermeaDerm®, a biosynthetic wound matrix, in the United States.

In international markets, the RECELL System is approved to promote skin healing in a wide range of applications including burns, full-thickness skin defects, and vitiligo. The RECELL System is TGA-registered in Australia, has received CE-mark approval in Europe and has PMDA approval in Japan.

To learn more, visit www.avitamedical.com.

Forward-Looking Statements
Statements in this announcement may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Forward-looking statements generally may be identified by the use of words such as “anticipate,” “expect,” “intend,” “could,” “may,” “will,” “believe,” “estimate,” “look forward,” “forecast,” “goal,” “target,” “project,” “continue,” “outlook,” “guidance,” “future,” and similar words or expressions, and the use of future dates. Forward-looking statements in this announcement include but are not limited to statements concerning the potential for future growth of our business and our ability to achieve financial goals. These statements are made as of the date of this announcement, and the Company undertakes no obligation to publicly update or revise any of these statements, except as required by law. For additional information and other important factors that may cause actual results to differ materially from forward-looking statements, please see the “Risk Factors” section of the Company’s latest Annual Report on Form 10-K and other publicly available filings for a discussion of these and other risks and uncertainties.

Authorized for release by the Chief Financial Officer of AVITA Medical, Inc.


FAQ

Who is the new Chief Legal and Compliance Officer of AVITA Medical?

Nicole Linda Kelsey has been appointed as Chief Legal and Compliance Officer of AVITA Medical, effective July 1, 2024.

When did Nicole Kelsey start her role at AVITA Medical?

Nicole Kelsey started her role as Chief Legal and Compliance Officer at AVITA Medical on July 1, 2024.

What is Nicole Kelsey's background?

Nicole Kelsey has over 20 years of executive legal experience with expertise in M&A, securities, and governance. She has held senior positions at Amyris, Criteo, and Medtronic.

What role did Donna Shiroma hold before retiring?

Donna Shiroma served as the General Counsel, Compliance Officer, and Corporate Secretary at AVITA Medical before retiring.

What impact is expected from Nicole Kelsey's appointment at AVITA Medical?

Nicole Kelsey's international legal expertise is expected to enhance AVITA Medical's legal and compliance strategies, supporting the company's commercial growth initiatives.

Avita Medical, Inc.

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