Ra Medical Systems Inc (RMED)

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$VTAK Catheter Precision, Inc. (VTAK) Announces Changes to Executive Management and Board of Directors

https://www.accesswire.com/821464/catheter-precision-inc-vtak-announces-changes-to-executive-management-and-board-of-directors

FORT MILL, SC / ACCESSWIRE / January 3, 2024 / Catheter Precision, Inc. (the "Company") (NYSE American:VTAK), a US based innovative medical device company focused on electrophysiology products, today announced changes to the executive management and board of directors, including a change to the Chief Financial Officer. Mr. Passey's employment was terminated effective December 31, 2023. In his place, the Board of Directors has appointed Margrit Thomassen, CPA, to be interim Chief Financial Officer as of January 2, 2024. Margrit has been a full-time employee at the Company's Catheter Precision subsidiary since 2019 and has served as controller of the Company since the acquisition of Catheter Precision by Ra Medical in January 2023.

In addition, David Jenkins, previously Interim Chief Executive Officer, is named Chief Executive Officer effective January 2, 2024. He will continue as Executive Chairman of the Board. Susanne Meline has resigned from the Board of Directors as of December 28, 2023, and is replaced by John Francis as of January 2, 2024. Mr. Francis, Ms. Meline's spouse, is a Managing Member of Francis Capital Management, LLC, an investment management firm specializing in small capitalization equities, since 2000. He has more than 20 years of experience in investment management, finance, accounting and has extensive experience investing in small cap medical device companies.

David Jenkins, CEO, said. "We look forward to starting the new year with Margrit as interim CFO as well as adding John Francis to the Board of Directors. Margrit has been an integral part of Catheter Precision as Controller for many years now and it was a logical step to ask her to become interim CFO. John's previous experience is an asset to Catheter Precision as we continue to grow our business and strive to meet the needs of patients, hospitals, and physicians."