3. EnteroMedics names Galil Medical vet Youngstrom as CFO
EnteroMedics (NSDQ:ETRM) said in named former Galil Medical CFO Scott Youngstrom as its new finance chief and chief compliance officer, effective Oct. 3. Youngstrom succeeds Greg Lea, who is retiring.
BTG (LON:BTG) agreed in May to put a total of $110 million on the table for Galil Medical.
“It is a privilege to welcome Scott as chief financial officer and chief compliance officer at this very exciting juncture here at EnteroMedics,” CEO Dan Gladney said in prepared remarks. “He is a highly accomplished executive with a strong background in financial and operational leadership within the medical device industry. His experience will be invaluable as we continue forward with efforts to secure broad reimbursement coverage for the vBloc therapy system, which will help ensure that this highly effective, proven therapy is as widely available as possible to patients in need. On behalf of everyone at EnteroMedics, I would like to thank Mr. Lea for his years of dedication and tireless efforts in helping to bring vBloc to the market, and we wish him well in all of his future endeavors.” Read more
Don’t miss the rest of MassDevice.com’s Personnel Moves – click the page numbers below to read more.