Navigation Links
Thermage, Inc. Appoints John F. Glenn as Chief Financial Officer
Date:1/3/2008

Former CFO of Cholestech Brings Strong Financial Expertise

Company Announces Two Additional Finance Department Promotions

HAYWARD, Calif., Jan. 3 /PRNewswire-FirstCall/ -- Thermage, Inc. (Nasdaq: THRM), a leader in non-invasive tissue tightening in the aesthetic industry, today announced the appointment of John F. (Jack) Glenn, 46, as Chief Financial Officer. Mr. Glenn, the former CFO of Cholestech Corporation, succeeds Laureen DeBuono, who resigned from the Company after five years of service to pursue broader executive leadership opportunities in the life sciences sector. Ms. DeBuono will remain with the Company through February.

The Company also announced the promotions of H. Daniel Ferrari, 49, to Vice President, Business and Financial Planning, and Cherry Hu, 50, to Vice President, Principal Accounting Officer and Corporate Controller.

"Jack is a seasoned financial executive with more than 17 years of experience in the medical device industry," said Stephen J. Fanning, Chairman, President and Chief Executive Officer at Thermage. "He was instrumental in the consistent growth of revenue and profits at his prior companies. His knowledge of the medical technology industry, financial and strategic leadership experience, and track record for enhancing shareholder value will be great assets to Thermage as we move forward on our strategy for product expansion, revenue growth and improved profitability."

"I'd like to thank Laureen for her many contributions to Thermage," continued Mr. Fanning. "During her five years with us, she was instrumental in building the Company's strong financial and corporate structure, and with me led the company into the public markets with our IPO in November 2006. We appreciate her willingness to stay on to ensure a smooth transition and wish her the best of luck in her future endeavors. I am also pleased with the well-deserved promotions of Dan Ferrari and Cherry Hu. These transitions represent an orderly and natural evolution as our Company continues to grow."

Mr. Glenn joins Thermage from Cholestech Corporation, a provider of diagnostic tools and information for the risk assessment and therapeutic monitoring of heart disease and inflammatory disorders. He joined Cholestech in October 2004 as Chief Financial Officer, Vice President of Finance, Treasurer and Secretary, and left the company in September 2007 as a result of the Company's acquisition by Inverness Medical Innovations (Amex: IMA). During his tenure as CFO, Cholestech's revenue grew from $53 million in 2005 to $70 million in 2007 and net income increased from $4.1 million to $9.4 million.

Prior to joining Cholestech, Mr. Glenn served as the Chief Financial Officer and Vice President of Finance for Invivo Corporation, a medical device company, from 1990 until 2004 when the Company was sold to Intermagnetics General Corporation. Mr. Glenn received an MBA from Santa Clara University, and a BS in Business Administration from the University of Nevada.

Mr. Ferrari joined Thermage in 2004 as Senior Director of Finance. Mr. Ferrari previously served as Vice President, Corporate Controller of Critical Path, Inc. and prior to that as Vice President, Finance of ReSound, Inc. Mr. Ferrari holds a BS and MBA from Santa Clara University.

Ms. Hu joined Thermage in 2006 as Senior Director and Corporate Controller. Prior to Thermage, Ms. Hu was Controller at Fortinet, and prior to that Controller of the adapter and wireless business unit at 3Com. Ms. Hu holds a BM from the College of Notre Dame and MBA from Cal State Hayward. Ms. Hu is also a Certified Public Accountant.

About Thermage

Thermage's innovative technology provides a unique non-invasive procedure designed to tighten and contour skin, significantly expanding the non-invasive aesthetic applications physicians can offer to the rapidly growing "anti-aging" market. For more information about Thermage, call 1-510-259-7117 or log on to http://www.thermage.com.

This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Specifically, statements concerning Thermage's ability to expand its product offerings, grow revenue and improve profitability are forward-looking statements within the meaning of the Safe Harbor. Forward-looking statements are based on management's current, preliminary expectations and are subject to risks and uncertainties, which may cause Thermage's actual results to differ materially from the statements contained herein. Further information on potential risk factors that could affect Thermage's business and its financial results are detailed in its Form 10-Q as filed with the Securities and Exchange Commission on November 9, 2007. Undue reliance should not be placed on forward-looking statements, which speaks only as of the date they are made. Thermage undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date they were made, or to reflect the occurrence of unanticipated events.


'/>"/>
SOURCE Thermage, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Thermage, Inc. Announces Distribution Agreement With Eclipse Medical, Ltd.
2. Thermage, Inc. to Present at the Maxim Group Growth Conference
3. China Sky One Medical Appoints Independent Auditor
4. Genstar Capital Appoints Mark Hanson to Managing Director
5. Casey Family Programs Appoints New Board Members
6. Casey Family Programs Appoints Dr. America Bracho as New Board Member
7. Pregis Corporation Appoints New President of Protective Packaging North America
8. HealthONE(R) Appoints Nationally Renowned Pediatric Cardiologist & Childhood Obesity Expert as First Chief Medical Officer for the Rocky Mountain Hospital for Children(SM)
9. Antibody Engineering Company f-star Appoints Three Pioneers in Antibody Engineering and Development to its Newly Established Scientific Advisory Board
10. ATS Medical Appoints James L. Cox, M.D. as Medical Director
11. QLT Appoints Goldman, Sachs & Co. as financial advisor in review of strategic options to enhance shareholder value
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/5/2016)... ... February 05, 2016 , ... Today, the Whole-Food Warrior TV show, ... much-anticipated feature with author Jahnavi Foster, specialist in healthy vegetarian cuisine, will stream on ... week, on his weekly Whole-Food Warrior TV show, Frank Davis highlights Whole-Food Warriors - ...
(Date:2/5/2016)... ... February 05, 2016 , ... The event is being held on ... Center in Minneapolis, Minn. Triumph Over Parkinson’s will fund nearly $100,000 for research for ... Furniture, lives with Parkinson’s disease and is the architect of this informative event to ...
(Date:2/5/2016)... ... February 05, 2016 , ... Francisco Canales, ... services in their Napa Valley office. The technique utilizes the body’s own healing ... Canales and Dr. Furnas, are part of only a select few cosmetic surgeons ...
(Date:2/5/2016)... ... February 05, 2016 , ... ... George H. Van Allen have signed a joint enrollment and degree completion agreement. ... pathway toward associate and baccalaureate degrees at FHU|Dickson. , The agreement allows ...
(Date:2/5/2016)... ... 2016 , ... The Lymphoma Research Foundation (LRF) – the ... the lymphoma community through a comprehensive series of education programs, outreach initiatives and ... Event at the La Gorce Country Club in Miami Beach on March 15, ...
Breaking Medicine News(10 mins):
(Date:2/5/2016)... February 5, 2016 --> ... report states that the global active pharmaceuticals ingredients (APIs) ... predicted to reach US$185.9 bn by 2020. It is ... 2014 to 2020. The title of the report is ... by Geography, and by Therapeutic Area) - Global Industry ...
(Date:2/5/2016)... -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH) today ... offering of 11,027,558 shares of its common stock by ... and Goldman Sachs.  The shares are being sold to ... share. The selling stockholders will receive all of the ... of its directors, officers or other stockholders is selling ...
(Date:2/5/2016)... -- Henry Schein, Inc. (NASDAQ: HSIC ), the world,s largest ... dental, animal health and medical practitioners, announced today that ... majority ownership interest in Dental Cremer S.A., a distributor ... . --> ... dental distribution business of Cremer S.A. With 2015 sales ...
Breaking Medicine Technology: