Printer Friendly

BIODYNAMICS' CFO RESIGNS DUE TO HEALTH REASONS

 BIODYNAMICS' CFO RESIGNS DUE TO HEALTH REASONS
 TAMPA, Fla., Nov. 3 /PRNewswire/ -- Biodynamics International, Inc.


(NASDAQ: BDYN) today announced the resignation of Thomas A. Martin, its vice president of Finance and chief financial officer, due to health reasons. Martin had been a consultant to the company since November 1990 and assumed the position of CFO in July of this year.
 The company also announced that the position vacated by Martin's departure will be filled on an interim basis by Charles C. Dragone, a director of the company. Dragone is a principal of Financial Associates, a financial consulting firm located in Sarasota, Fla. and was formerly chief financial officer of K-Tron International, Inc. Financial Associates was retained by the company in July to assist in various aspects related to the proposed purchase of Pfrimmer-Viggo's Wound Care Division.
 John V. Hargiss, president of Biodynamics International, stated, "Mr. Martin's contribution to Biodynamics has been significant and it is unfortunate that his health problem will not permit his continued involvement with the company. In this circumstance we were fortunate to have had Mr. Dragone's on-going involvement in all aspects of the company's current business affairs. This will allow us to continue our positive momentum."
 Biodynamics International, Inc. provides specialty surgical products to the neurosurgical, orthopedic, cardiovascular, plastic and reconstructive specialties. The company is a Florida corporation with executive offices in Tampa, Fla.
 -0- 11/3/92
 /CONTACT: John V. Hargiss, 813-979-0016, or Charles C. Dragone, 813-951-2553, both of Biodynamics International/
 (BDYN) CO: Biodynamics International, Inc. ST: Florida IN: MTC SU: PER


AW-JB -- FL004 -- 1958 11/03/92 09:49 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 3, 1992
Words:266
Previous Article:BEARINGS, INC. ANNOUNCES AGREEMENT FOR LONG-TERM FINANCING
Next Article:STI RECEIVES COMMITMENTS FOR FINANCING OF ACQUISITION OF GREAT AMERICAN LIFE INSURANCE COMPANY
Topics:


Related Articles
AMERICAN BIODYNAMICS ANNOUNCES ANNUAL MEETING RESULTS
AMERICAN BIODYNAMICS SHAREHOLDERS APPROVE MOVE OF COMPANY AND NAME CHANGE
BIODYNAMICS INTERNATIONAL ANNOUNCES FDA ACCEPTANCE OF 510 (k) NOTICE RELATED TO AUTOTRANSFUSION SYSTEM
BIODYNAMICS ANNOUNCES EXECUTIVE APPOINTMENTS
BIODYNAMICS REPORTS RECORD NINE MONTH REVENUES AND PROFIT
BIODYNAMICS REPORTS SHARP INCREASE IN YEAR END RESULTS
BIODYNAMICS NAMES SENIOR MANAGEMENT TEAM FOR NEW GERMAN ACQUISITION
BIODYNAMICS REPORTS MID-YEAR RESULTS
BIODYNAMICS INTERNATIONAL MAKES ANNOUNCEMENT
BIODYNAMICS' CEO JOHN V. HARGISS RESIGNS

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters