MARIETTA,HealthTronics Surgical Services (Nasdaq: HTRN), a provider of non-invasive surgical services and devices, says Roy Brown will resign as president, chief operating officer and director of the company effective Dec. 31 for personal reasons.
Brown will remain employed by Marietta-based HealthTronics in a limited, non-officer role assisting with international affairs.
Argil Wheelock, the company’s chairman and chief executive officer, will continue his active role in the management of the Urology Division.
Ron Gully, chief operating officer of the Orthopedic Division, and Bradley Devine, senior vice president of Technical Operations, will continue in their daily management roles for their respective divisions and will report directly to Wheelock.
“Over the past seven years, I have been part of a great team that grew HealthTronics from a business plan to one of the leading providers of health care services in its field,” Brown said in a statement. “– While I will continue to be available to HealthTronics’ management to offer guidance going forward, I have tremendous confidence that HealthTronics will continue to prosper under its existing leadership.”
Brown worked with FDA regulatory affairs and led the launch of HealthTronic’s OssaTron orthopedic shock wave device, which is now one of the leading devices for the treatment of soft tissue orthopedic indications.
“Roy deserves much of the credit for the successes HealthTronics has enjoyed over the past seven years,” added Wheelock. “No one in the company has worked harder or in a more selfless manner and I certainly understand Roy’s desire to spend more time with his family.”
HealthTronics: www.healthtronics.com
