Michael Boswell has been appointed to the board and will assume Mr MacLellan’s former role as chairman of AMDL’s audit committee and board member William Thompson will assume the role of chairman of the governance committee.
Mr MacLellan is transitioning into his new role after nearly 16 years on AMDL’s board. Mr MacLellan was appointed to the board in 1992 and became chairman of the audit and governance committees in 2001.
Mr Boswell is co-founder of the TriPoint family of companies and co-founder and member in TriPoint Capital Advisors. Mr Boswell has earned his MBA from John Hopkins University and a BS degree in mechanical engineering from University of Maryland.
Mr Thompson said: “Given Mr MacLellan’s decisive leadership, personal style, and more than 25 years of extensive business experience in China, Mr MacLellan is fully prepared to lead AMDL to the next level. He is well-respected across the industry, specifically in China where the majority of AMDL’s business is currently conducted. Equally important, Mr MacLellan is highly-regarded by AMDL’s US and China-based teams. He is an absolute perfect fit for this role.”