Westcot Ventures Corp. announced the appointment of Walter Kemp and Peter Novak to its Board of Directors. Walter V. Klemp, is the Founder, Chairman and CEO of Moleculin Biotech Inc. Mr. Klemp has over 30 years of experience developing and financing high-growth companies. Peter Novak is a 30-year veteran of the insurance and financial services industry, he is currently the General Agent of one of MassMutual’s largest agencies with $4.8 billion in assets under management. He previously served as general agent to MassMutual’s Rochester agency; co-general agent at The New England/Robinson Co. in Waterbury, Connecticut; and as an agent at the New York Life Insurance Company.