In Brief: Cyberonics
This article was originally published in The Gray Sheet
Executive Summary
Cyberonics: President and CEO Allen Hill resigns due to "personal reasons and family commitments." Hill will continue as a consultant for Cyberonics at the request of the company's board. Chairman and Executive VP Reese Terry will assume Hill's duties on an interim basis while a replacement is sought. The Webster, Texas-based firm also has tapped William Duffell for the position of VP, clinical and regulatory affairs; he replaces Joachim Wernicke, who vacated the post in December. Previously, Duffel was director, regulatory affairs and quality assurance for Bristol-Myers Squibb...