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PetVivo Holdings terminates CEO

The board of PetVivo Holdings Inc. terminated CEO Wesley Hayne, effective Dec. 3.

The company's board assumed the roles and responsibilities of CEO. In addition, the company's controller John Carruth was named acting CFO.

Edina, Minn.-based PetVivo Holdings is a biomedical device company focused on the licensing and commercialization of medical devices and therapeutics for pets and other animals suffering from arthritis and other afflictions.