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Cardiovascular Systems Updates on Board Changes [Health & Beauty Close - Up]
[September 23, 2014]

Cardiovascular Systems Updates on Board Changes [Health & Beauty Close - Up]


(Health & Beauty Close - Up Via Acquire Media NewsEdge) Cardiovascular Systems (CSI) reported that its chairman of the board, Glen D. Nelson, M.D. plans to retire and will not stand for re-election at the company's 2014 annual meeting of shareholders on November 12,-when his term ends.



In appreciation for his 11 years of service as a CSI board member- seven as chairman-the board named Dr. Nelson chairman emeritus, an honorary title.

Scott R. Ward, a CSI director since 2013, will be named chairman. Ward is a managing director at SightLine Partners. He has over 30 years of experience in Medical Technology and spent nearly two decades in executive leadership positions at Medtronic, including president of its cardiovascular business. Additionally, Ward is the chairman of Creganna-Tactx Medical and Surmodics, Inc. He also serves on the board of ImpediMed and numerous private medical technology companies.


Said Ward, "On behalf of CSI, our stockholders and the physicians whom we serve, we thank Dr. Nelson for his extraordinary leadership and his dedication to improving the quality of care for patients with peripheral and coronary vascular disease. During his tenure, the company evolved from a pre-revenue organization to an annualized run rate in excess of $150 million in revenue with a growing portfolio of vascular devices. The successful growth of CSI reflects Dr. Nelson's passion for medical technology, sound judgment and steady guidance." Cardiovascular Systems is a medical device company.

More information and complete details: http://www.csi360.com ((Comments on this story may be sent to [email protected])) (c) 2014 ProQuest Information and Learning Company; All Rights Reserved.

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