Heska Names President and COO
November 10 2008 - 8:45AM
PR Newswire (US)
Michael J. McGinley Selected to Lead Day-to-Day Operations
LOVELAND, Colo., Nov. 10 /PRNewswire-FirstCall/ -- Heska
Corporation (NASDAQ:HSKA) today announced the promotion of Michael
J. McGinley, to the position of President and Chief Operating
Officer of Heska Corporation ("Heska") effective January 1, 2009.
In his new role, Dr. McGinley will be responsible for managing and
optimizing day-to-day operations across the corporation and
ensuring that processes, systems, and personnel are optimized to
address future growth objectives. Dr. Robert Grieve will continue
in his role as Chairman of the Board and Chief Executive Officer
focusing on corporate vision, strategy, and development to ensure
Heska's continued industry leadership and business success. (Logo:
http://www.newscom.com/cgi-bin/prnh/20000622/HESKALOGO) "Heska's
growth and maturation as a company enables us to take this next
step, positioning the company to proactively manage future growth
and expansion and maximize operational efficiency," said Bob
Grieve, Chairman and CEO. "Dr. McGinley's long track record of
success and extensive hands-on scientific and business experience
across all aspects of Heska's operations ensure that he will be
able to add value from day one. I am excited for Heska and Dr.
McGinley and for the opportunity this presents for me to focus more
of my time on Heska's long-term industry and business vision." Dr.
McGinley has held a number of senior positions during his 11-year
tenure at Heska Corporation most recently serving as Executive Vice
President, Global Operations and General Manager of Heska's
manufacturing operations in Des Moines, Iowa. Prior to joining
Heska, Dr. McGinley held management and research positions with
Bayer Animal Health and Fort Dodge Laboratories. Dr. McGinley holds
both Masters of Science and Ph.D. degrees in Veterinary
Microbiology and Immunobiology from Iowa State University, and a
Certificate from the Advanced Management Program at Harvard
Business School. About Heska Heska Corporation (NASDAQ:HSKA) sells
advanced veterinary diagnostic and other specialty veterinary
products. Heska's state-of-the-art offerings to its customers
include diagnostic instruments and supplies as well as single use,
point-of-care tests, pharmaceuticals and vaccines. The company's
core focus is on the canine and feline markets where it strives to
provide high value products and unparalleled customer support to
veterinarians. For further information on Heska and its products,
visit the company's website at http://www.heska.com/.
Forward-Looking Statements This announcement contains
forward-looking statements regarding Heska's future financial and
operating results. These statements are based on current
expectations and are subject to a number of risks and
uncertainties. In addition, factors that could affect the business
and financial results of Heska generally include the following:
risks related to reliance on key personnel, including the
anticipated performance of such personnel; uncertainties related to
Heska's ability to project future financial results; risks related
to Heska's ability to maintain financial covenants under its credit
facility agreement, which is essential to fund the Company's
ongoing operations; risks regarding Heska's ability to successfully
market, sell and distribute its products; uncertainties regarding
Heska's reliance on third parties to whom Heska has granted
substantial marketing rights to certain of Heska's existing
products; competition, including uncertainties regarding the impact
of new products competitors have recently launched or may launch in
the future; risks regarding Heska's reliance on third-party
suppliers, which is substantial and could have significant negative
consequences if Heska were to lose exclusive rights or access to a
product due to a failure to meet minimum sales requirements or for
other reasons; risks related to the loss of large or significant
customers; and the risks set forth in Heska's filings and future
filings with the Securities and Exchange Commission, including
those set forth in Heska's Annual Report on Form 10-K for the year
ended December 31, 2007 and Quarterly Report on Form 10-Q for the
quarter ended June 30, 2008. At Heska Corporation: Jason
Napolitano, Executive Vice President & CFO (970) 493-7272, Ext.
4105 http://www.newscom.com/cgi-bin/prnh/20000622/HESKALOGO
http://photoarchive.ap.org/ DATASOURCE: Heska Corporation CONTACT:
Jason Napolitano, Executive Vice President & CFO of Heska
Corporation, +1-970-493-7272, ext. 4105 Web site:
http://www.heska.com/
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