Senseonics CFO Elsey to retire | Personnel Moves – December 4, 2018

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Former Senseonics CFO R. Don Elsey

Senseonics (NYSE:SENS) said yesterday that its CFO R. Elsey is retiring for the company, and that it has begun searching for a permanent replacement.

The Germantown, Md.-based company said that Elsey will stay on until a replacement is appointed, and remain on in an advisory role through to the completion of the company’s 2018 fiscal year.

“Don has been an important part of the growth of Senseonics as our CFO, and we thank him for his service and high level of professionalism throughout his tenure at Senseonics. Over the past several years, we have successfully completed an IPO and subsequent capital raises, enabling us to execute product launches in Europe, continue our pipeline development initiatives and position the company for a successful commercial launch that is underway in the U.S.  Don has contributed much to all of these efforts, and we wish him well in his next pursuits,” prez & CEO Tim Goodnow said in a prepared statement.

“It has been a pleasure working with the dedicated and talented team at Senseonics. I am proud of what we have accomplished and am confident the company is on a solid path toward delivering life changing technology to people with diabetes,” CFO Elsey said in a press release.

 Accuray names Hamamatsu as CFO

Accuray (NSDQ:ARAY) said late last month that it appointed Shig Hamamatsu as its CFO and senior VP, effective immediately.

Prior to joining Sunnyvale, Calif.-based Accuray, Hamamatsu served as corporate controller and VP at molecular diagnostics company Cepheid  before they were bought by Danaher in 2016.

“Shig has a proven track record of more than 15 years building and leading public company global finance organizations that drive results. I look forward to working with Shig as strategic financial partners to execute Accuray’s growth agenda,” prez & CEO Joshua Levine said in a press release.

“I am excited about my role and appreciate the opportunity to serve as Accuray’s chief financial officer during this transformative time in the company’s history. I look forward to working with our entire executive team and leading the company’s finance organization as we execute our growth and earnings expansion initiatives,” Hamamatsu said in a prepared statement.

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 Hill-Rom adds to exec roster

Hill-Rom Holdings (NYSE:HRC) said late last month that it tapped Barbara Bodem as its new CFO and senior VP, succeeding Steven Strobel who announced plans to retire from the position.

Prior to joining Hill-Rom Holdings, Bodem held a senior VP of finance position with Mallinckrodt, Chicago-based Hill-Rom said.

“We are pleased to have an executive of Barbara’s caliber joining the Hill-Rom team. Barbara brings more than two decades of financial experience along with a deep knowledge of our field from her work with large global medical companies. I am confident that she is a great fit for our company, and will play a key role as we continue to build our diversified portfolio to drive sustainable earnings and deliver on our long-term objectives. On behalf of our entire management team, I want to thank Steve for his significant contributions to Hill-Rom. He has built a strong finance organization, contributed significantly to our financial performance, and positioned us to continue to achieve our financial objectives. I’m grateful that he has agreed to work with us for the next several months to ensure a smooth transition,” CEO John Groetalaars said in a prepared statement.

“I am honored to join Hill-Rom, and look forward to working with John and the rest of the leadership team to build on the company’s momentum and deliver strong financial and operational results, while helping to improve outcomes for the patients and caregivers around the world who rely on Hill-Rom’s products,” Bodem said in a press release.

In addition, Hill-Rom said that it appointed current corp dev & strategy senior VP Andreas Frank as its new Front Line Care biz president, replacing Alton Shader, and current investor relations VP Mary Kay Ladone was appointed as corp dev, strategy & investor relations senior VP.

“Andreas and Mary Kay are seasoned professionals who know our business inside and out. We’re thrilled to tap into their talent and expertise for these roles. I am confident they will help Hill-Rom capitalize on our strong momentum and growth prospects,” Groetalaars said in prepared remarks.

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 Former HHS head Price to join Ga. Gov’s transition team

Former Health and Human Services secretary Tom Price, who resigned following a controversy over their use of a private jet, is joining new Georgia Gov.-elect Brian Kemp’s (R) transition team, according to a report from The Hill.

Price is slated to aid in policy planning during the transition, according to the report.

“Obviously he’s got a lot of great experience with healthcare. No one is more experienced with legislative matters than Tom Price and certainly his time in D.C. as well, so he’s a valuable member of our team, but we’re going to continue to work with a lot of different people on healthcare,” Kemp said, according to The Hill.

Price resigned from his position as U.S. HHS Secretary under President Donald Trump in September amidst criticism over using a private jet paid for on the public dime.

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 Baxter controller Karp resigns, Stevens steps up

Baxter (NYSE:BAX) said last month that its controller & senior VP Carloline Karp has resigned from their position to pursue other interests and business activities, and that it added Brian Stevens as its new chief accounting officer, controller and SVP.

Prior to joining Baxter, Stevens served as chief accounting officer with Groupon, the company said. Stevens is slated to hold the position until a successor is elected and qualified, the company said in an SEC filing.

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