Leadership Transition

Washington – October 12, 2026 -- Jennifer Hedrick, CAE, has stepped down as President & CEO of the Women In Trucking Association (WIT), effective Aug. 5, after serving in the role since January 2023.

Vice President Lana Nichols takes over as interim president and CEO

WIT's Board of Directors will direct the search for a permanent successor. Lana Nichols, the association's Vice President, will run the organization in the interim. WIT said additional information on the leadership transition will be shared as it becomes available. No timeline for the search was disclosed.

Toronto – – October 12, 2026 -- Profound Medical Corp. (NASDAQ:PROF; TSX:PRN) replaced its chief financial officer effective immediately, promoting Corporate Controller Matthew Sobczyk to Interim CFO after Rashed Dewan stepped down from the role.

Sobczyk, a 2020 hire, takes over the finance function

Sobczyk first joined the interventional MRI (iMRI) company in 2020 and moves up from Corporate Controller. The company did not name a permanent successor or give a timeline for a CFO search.

Dewan stays on a short-term consulting contract

Dewan will remain with Profound under a short-term consulting contract to support the handover. CEO and Chairman Arun Menawat thanked him for his years of service and his contributions to the company.

Calgary – October 12, 2026 -- XORTX Therapeutics Inc. (NASDAQ: XRTX | TSXV: XRTX | Frankfurt: ANU) said board chairman Anthony Giovinazzo is stepping down from the board of directors, citing personal reasons and a wish to pursue other interests.

Giovinazzo leaves after several years as chairman and committee member

Giovinazzo led the board as chairman for the past several years and also served on key committees. Co-CEO Dr. Allen Davidoff credited him with leadership and ethics of the highest standards in both roles. Davidoff said management and the board extend their appreciation for his efforts.

The company did not name a successor chairman or give a departure date. The release also did not say whether Giovinazzo's committee seats will be refilled.

XORTX advances five programs in gout and kidney disease

The late-stage clinical pharmaceutical company is developing three clinically advanced products:

Addison, Texas – October 08, 2026 -- Valtir, LLC has appointed Rob Scholl as Chief Executive Officer effective immediately, succeeding Nick Verska who steps down after more than 25 years with the roadway safety products manufacturer.

Scholl brings 25-plus years from aerospace, defense and equipment manufacturing sectors

Scholl's background spans general management, sales, marketing and product development, with extensive prior CEO leadership experience. Valtir said his expertise aligns profitable growth with operational execution as the company pursues what it calls significant growth opportunities in global roadway safety and infrastructure markets.

Reston, Va. – October 08, 2026 -- General Dynamics (NYSE:GD) announced that its board has elected company president Danny Deep as chief executive officer, effective October 08, 2026, succeeding Phebe Novakovic after 13 years in the role.

Novakovic transitions to executive chairman after more than a decade as CEO

Novakovic, who has served as CEO since 2013, will move to the role of executive chairman of General Dynamics, remaining engaged with the company's leadership. The board's independent lead director, Laura J. Schumacher, credited Novakovic with setting a clear strategic vision and building a capable leadership team during her tenure.

Milwaukee – October 07, 2026 -- Hammes, the Milwaukee-based healthcare real estate firm, has named Patrick Hammes as Chief Executive Officer, completing a planned leadership succession within the family-founded platform.

Jon Hammes Steps Back to Chairman Role After Decades Leading the Firm

Jon Hammes, who previously held both Chairman and CEO titles, will now serve solely as Chairman. He founded the firm in 1991, building it into a vertically integrated healthcare real estate platform.

Pittsburgh – October 07, 2026 -- Highmark Health's Board of Directors has appointed Karen Hanlon as chief executive officer and president, effective Jan. 1, 2027, making her the first female CEO in the organization's history. David Holmberg, who has led the Pittsburgh-based health system since 2014, will transition to executive chairman to oversee the leadership handover.

Hanlon inherits an enterprise that has doubled in size under the outgoing CEO

Highmark Health's revenue grew from approximately $17 billion in 2014 to a projected $35 billion by the end of 2026 during Holmberg's 12-year tenure. Hanlon, currently president, will take full responsibility for strategy, operations and growth across the organization's health plans, Allegheny Health Network (AHN) and diversified businesses.

Jupiter, Fla. – – October 07, 2026 -- Linda Hou, director of sales at ACC Heavy Duty, retired at the end of September 2026 after nearly 30 years in the commercial vehicle industry, with Brett Delp succeeding her in the role.

Hou exits after three decades spanning two generations of family ownership

Hou joined the family business, then known as American Chrome Company, in 1997. She left in 2001 for a seven-year run at Volvo Trucks North America as a product manager for accessories, earning an MBA from Wake Forest University in 2007 before returning to American Chrome in early 2008 to become president.

Company traces roots to a 1983 garage startup in Davenport, Iowa

Hou's parents founded American Chrome in a Davenport garage in 1983. The company became one of the original supplier partners to Alliance Parts in the 1990s, working alongside Mack Trucks, Volvo Trucks North America and Navistar International.

Fond du Lac, Wis. – – October 06, 2026 -- Wells Vehicle Electronics has appointed Joe Robinson as President, effective October 06, 2026, succeeding Patrick Sommerfeld, who held the role since 2022.

Robinson Moves Up From Omega Holdings Product Development Role

Robinson brings more than 15 years of automotive aftermarket experience to the position, having most recently served as Vice President of Product Development for Omega Holdings, Wells Vehicle Electronics' parent company. His background spans new product development, product quality and validation, and strategic customer engagement.

San Rafael, Calif. – October 06, 2026 -- BioMarin Pharmaceutical Inc. (Nasdaq: BMRN) appointed Cara Bauer, Ph.D., as Executive Vice President, Chief People Officer, effective Oct. 5, 2026, succeeding Amy Wireman, who is retiring after nearly 14 years at the company.

Bauer arrives with 25 years of HR leadership across biotech and technology

Bauer joins BioMarin from Kyverna Therapeutics, Inc., where she served as Chief Human Resources Officer starting October 2024. She previously held the role of global head of human resources at Kite, a Gilead company, and led HR for the entertainment division at Riot Games. Earlier in her career she held HR leadership positions at Netflix, Amgen and Novo Nordisk.