TLCVision Announces Change in Company Leadership
23 Abril 2009 - 10:30AM
Marketwired
TLC Vision Corporation (NASDAQ: TLCV) (TSX: TLC) announced today
that its Board of Directors has mutually agreed with Chief
Executive Officer, James C. Wachtman, for Mr. Wachtman to separate
from the company, including Mr. Wachtman's resignation from the
Company's Board of Directors. It is Mr. Wachtman's intention to
pursue other interests. The Board has appointed James B.Tiffany,
President of Sightpath Medical, as President and Chief Operating
Officer effective immediately.
The Company also announced that it has created the position of
Chief Restructuring Officer and formed an Office of the Chairman.
Michael Gries, a principal of Conway, Del Genio, Gries & Co.
LLC, a financial advisory firm based in New York, NY, has accepted
the position of Chief Restructuring Officer. The new three-person
Office of the Chairman will report to the Board of Directors and is
comprised of: Chairman Warren Rustand; President and Chief
Operating Officer, James B.Tiffany; and Michael Gries, Chief
Restructuring Officer.
Warren Rustand, TLC Vision Corporation Chairman of the Board,
expressed his appreciation of Mr. Wachtman's tenure at the Company,
stating, "On behalf of the Board of Directors and TLC Vision's
entire organization, I would like to thank Jim Wachtman for his
years of vision and leadership. Jim has made a significant
contribution to our organization by transforming TLC Vision into a
market leader. We are indebted to him for his many contributions.
We wish him the best of luck and know that he will do well in
whatever future endeavors he decides to pursue."
About TLCVision
TLCVision is North America's premier eye care services company,
providing eye doctors with the tools and technologies needed to
deliver high-quality patient care. Through its centers' management,
technology access service models, extensive optometric
relationships, direct to consumer advertising and managed care
contracting strength, TLCVision maintains leading positions in
Refractive, Cataract and Eye Care markets. Information about vision
correction surgery can be found on the TLC Laser Eye Centers'
website at www.lasik.com. More information about TLCVision can be
found on the Company's website at www.tlcv.com.
Contact: James J. Hyland VP Investor Relations (636) 534-2369
Email: investor.relations@tlcvision.com
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