CINCINNATI, Nov. 21 /PRNewswire-FirstCall/ -- LCA-Vision Inc. (Nasdaq: LCAV), a leading provider of laser vision correction services under the LasikPlus(R) brand, today announced the appointment of Michael J. Celebrezze to the position of Chief Financial Officer on a permanent basis, effective December 1, 2008. Mr. Celebrezze, who has served as interim CFO since June 2008, was appointed to the LCA-Vision Executive Management team as Senior Vice President of Finance and Treasurer in July 2007, and joined the company as Vice President of Finance and Treasurer in July 2006.
"Following an extensive search and a thorough review of Mike's performance, the LCA-Vision board of directors unanimously approved his appointment as permanent CFO," said Steven C. Straus, Chief Executive Officer of LCA-Vision. "Mike stepped quickly and effectively into the CFO position in June and has performed admirably since then, making for a smooth transition during a challenging economic time. In addition to his other responsibilities as interim CFO, Mike successfully implemented a series of initiatives designed to conserve cash and better align our expense structure with current procedure volumes. Mike also is a valuable member of the LCA-Vision Executive Management team, where he plays an instrumental role in formulating and implementing strategic direction for all facets of our company."
Among initiatives aimed at supporting procedure volume and controlling
costs, the company has begun both a head-to-head clinical study and has
requested cost proposals to evaluate potentially reducing the number of
excimer laser technology platforms utilized in its LasikPlus(R) vision
centers. "We expect that results from this study will confirm that
technological advancements in laser vision correction equipment allow us to
achieve our high standard of c
|SOURCE LCA-Vision Inc.|
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