GI Dynamics, Inc. announced that effective as of November 2, 2020, Scott Schorer departed as President of the company. Joseph Virgilio, the company’s Chief Operating Officer, was appointed as President, effective as of November 2, 2020. In addition, effective as of November 2, 2020, the Board of Directors of the Company increased the size of the Board to four members and elected Mr. Virgilio to fill that newly-created vacancy and serve as a member of the Board and all committees thereof. Mr. Virgilio will hold office until the next annual meeting of stockholder and thereafter until his successor is duly elected and qualified in accordance with the Company’s bylaws or his earlier resignation, removal or death. He has served as the Company’s Chief Operating Officer since October 2020. Prior to his time with the Company, he served as the President and General Manager of Amann Girrbach, AG.