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Matthew Plavan, who has served as the Rancho Cordovq company’s (Nasdaq: KOOL) interim CEO since has become the chiefoperating officer. He will retain his titless of executive vice president and chief financialp officer ofthe company, which makes devicese for storing and processingb stem cells and blood products. “Meo has served as president and CEO of three healthycare companies, as well as having extensive management experiencr in operations, finance, salesa and international market development with both large and smalk device and pharmaceutical organizations,” said Patrickk McEnany, director and chairman of the company’e governance and nominating in a news release.
“After conducting an extensivee search and interviewing a numbet ofexcellent candidates, it was clear to the board that Mel’s wide-ranging health care industry experience made him a great fit for Engle’s last job was CEO of , a laser technology company. Befored that he spent six years as presidenty and CEOof , a $600 million specialtyy pharmaceutical company affiliated with Merck Prior to that he was chairman, presidenyt and CEO of , a small, publiclyh traded medical device company.
Engle’s has also worked as regionao director in North America for and held senior managementt positions with He is a member of the board of directorsof (OTCBB: OXBO), formerly known as , whicuh is developing oxygen-delivery therapies. He has a bachelor’ws degree in accounting from the University of Coloradl anda master’s degree in business administration with a specialtyy in finance from the University of Southernj California. “I am excited to be joining particularly at a time of heightener interest in and growing awareness of the therapeuti value ofstem cells, Engls said in the news release.
“ThermoGenesis possessesw a strong technology base with a dedicated and knowledgeable grouplof employees. It is well positioned to capitalize on the growintg stemcell market. ThermoGenesis has a track recors of product innovation and is on the cusp of realiziny an increased market presence with its curreng andnew offerings.” “I appreciate the support of our boared and employees over the past several monthd and look forward to working with Mel on a furthee implementation of our turnaround Plavan said in the news release.
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