Akers Biosciences, Inc. announced a leadership change. Howard R. Yeaton has been appointed to the position of Chief Executive Officer effective immediately. Mr.
Yeaton's role of Chief Executive Officer is not a board position although he will work very closely with the Board of Directors and will report to them. Mr. Yeaton brings accounting and transaction experience with respect to emerging public companies. He has over 30 years of senior financial and strategic business experience and has served as a consultant to the Company since April, 2018. Mr. Yeaton currently serves as a director, Vice Chairman and Chairman of the audit committee for Stewardship
Financial Corporation, a community bank. Mr. Yeaton has served as Interim Chief Financial Officer of Propel Media, Inc. since 2014 and, from July 2014 to July 2015, Mr. Yeaton served as Interim Chief Financial Officer of Energous Corporation. John J. Gormally has resigned both as Chief Executive Officer and as a member of the Board of Directors of the company effective immediately.