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

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

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…

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