Connect with us

Breaking News

Cutera fires CEO and Executive Chair for cause in dispute over CEO succession plan

[ad_1]

Cutera Inc. CUTR, a Californian provider of dermatology equipment, said Wednesday it’s terminating its executive chairman Daniel Plants and chief executive David Mowry for cause, on the recommendation of a special committee and the majority of its board. The move comes just days after Plants and Mowry issued a statement seeking the removal of five members of the board over concerns that they haven’t made progress on a CEO succession plan. The board said Wednesday it has appointed one of those members, Sheila A. Hopkins, as interim CEO, and another, Janet D. Widmann, as independent chair effective immediately. A search…

[ad_2]

Source link