Scienture Holdings (NASDAQ: SCNX) announced that Suren Ajjarapu, CEO and chairman of the board, has stepped down. The management team of Dr. Shankar Hariharan and Dr. Narasimhan Mani will assume these roles.
Shankar Hariharan, Ph.D., will serve as executive chairman of the board of directors (BOD) and co-CEO. Narasimhan Mani, Ph.D., MBA, will serve as president and co-CEO, as well as a member of the BOD.
In a statement, Suren Ajjarapu commented, “This transition marks the next chapter for Scienture and I’m proud of what we’ve built over the years at the company. It has been an honor to lead this exceptional team, and I’m confident that the leadership of Dr. Shankar Hariharan and Dr. Narasimhan Mani will propel the company forward.”
