Photocure ASA announced that President and Chief Executive Officer, Kjetil Hestdal, will step down effective July 1, 2018 as the company is entering a new growth phase with focus on global commercial development. The Board of Directors has initiated a search for his replacement and Chief Financial Officer Erik Dahl is appointed as interim CEO. Mr. Hestdal will be available to the company until December 30, 2018.