Cholestech names William W. Burke as Chief Financial Officer; Cholestech's Andrea Tiller to Retire April 25.Business Editors/Health & Medical Writers HAYWARD Hayward, city (1990 pop. 111,498), Alameda co., W Calif.; settled 1851, inc. 1876. It is an important commercial and distribution center for farm products. Manufactures include wire, plastics, metal and paper products, textiles, machinery, and motor vehicles. , Calif.--(BW HealthWire)--April 5, 2001 Cholestech Corporation (Nasdaq:CTEC CTEC Course and Teacher Evaluation Council (Northwestern University, Office of the Register) CTEC Certified Technical Education Center CTEC Certified Technical Education Center (Microsoft) ) today announced the appointment of William W. Burke The name Burke (from Irish Gaelic de Burca, of Norman origin). In English the meaning of the name Burke is "fortified hill." See also Berkley. Places Australia
Burke joins Cholestech from Bear, Stearns & Co. Inc., where he was a managing director in the firm's investment banking department. During his 16 years of investment banking experience, Burke has spent a considerable amount of time advising emerging growth medical technology, pharmaceutical and healthcare service companies in connection with over 60 strategic acquisition, divestiture The breakup of AT&T. By federal court order, AT&T divested itself on January 1, 1984 of its 23 operating companies, which became known as the Regional Bell Operating Companies (RBOCs). , and financing transactions. He has advised Cholestech in connection with various strategic initiatives and was involved in Cholestech's July 1996 follow-on equity offering. Burke received a BBA BBA abbr. Bachelor of Business Administration in Finance from the University of Texas at Austin “University of Texas” redirects here. For other system schools, see University of Texas System. The University of Texas at Austin (often referred to as The University of Texas, UT Austin, UT, or Texas and an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from the University of Pennsylvania's Wharton Graduate Business School. "We are extremely pleased to be able to add a professional with the background of Bill Burke to our management team. As an investment banker Investment Banker A person representing a financial institution that is in the business of raising capital for corporations and municipalities. Notes: An investment banker may not accept deposits or make commercial loans. , Bill has advised Cholestech in the past and worked with us to satisfy our capital needs. As a result, he is already knowledgeable regarding our corporate strategy," said Warren E. Pinckert II, president and chief executive officer of Cholestech. "I look forward to working with Bill to re-establish Cholestech's momentum in the financial markets as we roll out our strategy." "Andrea has been a strong contributor to Cholestech's success. Under her leadership we have built an experienced financial organization which will stand us in good stead stead n. 1. The place, position, or function properly or customarily occupied by another. 2. Advantage; service; purpose: "His personal relationship with the electorate stands in good stead" as we push towards the $50 million mark," Pinckert continued. "We are all sorry to lose Andrea as a key member of our senior management team and wish her well as she refocuses to take care of her family." "I have been very fortunate to be a part of the Cholestech management team as we have grown our business from just under $7 million in sales to our current run-rate of approximately $35 million," said Tiller. "After five rewarding years here, I look forward to watching Cholestech continue to innovate in·no·vate v. in·no·vat·ed, in·no·vat·ing, in·no·vates v.tr. To begin or introduce (something new) for or as if for the first time. v.intr. To begin or introduce something new. the personal health care of chronic disease." Burke will join Cholestech in early April and assume full responsibilities as chief financial officer upon the retirement of Tiller April 25. About Cholestech Cholestech is committed to helping people successfully improve their health. Working together, the Cholestech business units of Diagnostic Products, WellCheck(TM), and WellCheck.com can provide simple, accessible, and reliable personal health information to health care practitioners and consumers in over 35 countries around the world. By offering efficient and economic diagnostic screening for cholesterol, blood sugar, and liver function, Cholestech hopes to help more people understand whether or not they face potentially serious health risks. Therapeutic monitoring options using the Cholestech L-D-X System can help patients monitor their progress as they work with their health care provider to reduce their risk of cardiovascular cardiovascular /car·dio·vas·cu·lar/ (-vas´ku-ler) pertaining to the heart and blood vessels. car·di·o·vas·cu·lar adj. Abbr. and other diseases. Working together with health care providers, our goal is to ultimately enable people to lead longer, healthier, and more active lives. Cholestech L-D-X, WellCheck(TM), and WellCheck.com are registered trademarks of Cholestech Corporation. All other trademarks mentioned in this document are the property of their respective owners. For more information about Cholestech and its products visit us on the web at www.cholestech.com WellCheck.com is available to the general public at www.wellcheck.com. |
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