PolyNovo (ASX:PNV) disclosed that it took steps to address governance issues raised at the firm, according to a March 7 Australian bourse filing.

The firm responded to articles published in The Australian on March 5 and 6 regarding alleged interactions between Chair David Williams and some members of the firm's management.

It said that after issues were raised with the board about certain interactions between the chair and some management team members, the board engaged Philip Crutchfield and Katherine Brazenor of counsel in October 2024 to hold talks with management team members and the chair regarding those issues.

Crutchfield and Brazenor were also engaged to provide the board with their recommendations regarding ongoing working arrangements and professional relations.

It also engaged Alice DeBoos of Kingston Reid to provide training to the board about appropriate workplace behavior and employee and director responsibilities in that context.

Lindsay Maxsted was engaged to provide advice to the board on specific governance matters, including the interaction between board members and group executives. Spencer Stuart was engaged to help with skills assessment and succession planning across the board.

The board adopted a protocol in relation to interactions between the board, individual board members, including the chair and management team members, among other things.

PolyNovo's shares rose almost 6% in early trading on Monday.