United-Guardian, Inc. announced that President, Ken Globus, intends to retire by the end of the year, and that the company has begun the process of finding a suitable replacement. The Board will oversee that process, and Mr. Globus will continue to lead the company until the selection and onboarding of a new President and CEO is completed. The search process will focus on identifying a leader who shares the Board's vision for the company, and has the experience and qualifications to accelerate the growth of the company.

Mr. Globus has agreed to continue in a consulting role for as long as he is needed. Mr. Globus has been with the company for 39 years, having joined the company in 1983 as Vice President & General Counsel. He was appointed President in 1988 and became the company's CEO in 2009 upon the death of the company's founder, Dr. Alfred R. Globus.