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PEOPLE - Urologix (US) makes appointment:

This article was originally published in Clinica

Executive Summary

Urologix (Minneapolis, Minnesota), a developer, manufacturer and marketer of minimally invasive medical products for the treatment of urological disorders, has appointed Fred Parks as chairman and CEO. Dr Parks, who most recently served as CEO of Philips Medical Systems (Cleveland, Ohio) following its acquisition of Marconi Medical Systems (where he was also serving as CEO), replaces Michael Selzer, who has resigned as CEO and from the board. The company has also announced that it is reducing its workforce by 26%, including its vice-president and CFO Christopher Geyen. Mr Geyen's responsibilities will be assumed by Todd Paulson.

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