Holista Colltech finalises appointment of new CEO

Bio-industrial company Holista Colltech (ASX:HCT) has finalised the appointment of Dr. M. Rajen as its new CEO.

Dato Dr. M. Rajendran A/L V. Marnickavasagar was already an executive director of the company.

He will concurrently act as managing director and CEO.

Under the terms of the agreement, Rajen will be entitled to a fixed remuneration of around $190,000 per annum, as well as short- and long-term incentives.