Profound Medical Corp. announced the appointment of Arun Menawat as its new Chief Executive Officer. Steven Plymale, the company's current CEO, will transition to President and Chief Operating Officer.

Dr. Menawat has been a member of Profound's Board of Directors since October 2014. Most recently, Dr. Menawat served as the President and CEO of Novadaq Technologies Inc. The company announced that Rashed Dewan has been promoted from Corporate Controller to Vice President, Finance. In his new expanded role of principal finance officer, Mr. Dewan has overall responsibility for financial reporting and planning, treasury and taxation.

He will also help manage Profound's relationships and interactions with the investment community. Mr. Dewan has over 18 years of finance and accounting experience in public and private companies, with particular expertise in the medical device sector.