RenovaCare, Inc. announced reductions in its management team to further streamline administrative expenses. On March 24, Dr. Kaiyo Nedd resigned as Interim President and Director, and Mr. Justin Frere as Secretary. Dr. Nedd will continue to provide ongoing support to the Company as needed with respect to legacy matters, and Mr. Frere will continue to provide accounting services to the Company as needed.

Chairman and majority stockholder, Mr. Harmel S. Rayat, will assume the roles of President and Secretary on an interim basis.