Cutera Appoints Fuad Ahmad as Interim CFO
November 18 2019 - 8:00AM
Business Wire
Cutera, Inc. (NASDAQ: CUTR) (“Cutera” or the “Company”), a
leading provider of energy-based aesthetic systems for
practitioners worldwide, today announced the appointment of Fuad
Ahmad to the role of Interim Chief Financial Officer, effective
November 15th, 2019. Mr. Ahmad is a partner at FLG Partners, a firm
that specializes in placing experienced finance executives with
organizations in transition. He will assume oversight of the
Company's finance function and financial reporting while the
Company conducts its national search for a permanent CFO.
"I am pleased to welcome Fuad to the Executive Team as our
interim CFO. Fuad brings to Cutera a depth of knowledge and
experience that we believe will provide an immediate and
significant benefit to our team,” commented Dave Mowry, Chief
Executive Officer of Cutera, Inc. “It was important to quickly fill
the interim role with a high-quality and experienced candidate in
order to sustain our momentum. Adding Fuad to our team allows us to
build on the progress we’ve made over the course of 2019 while we
conduct our search for a permanent CFO.”
Mr. Ahmad added, "I am happy to join Cutera at such an exciting
time in the Company’s trajectory. I am confident that I can help
continue moving the Company forward, and during my assignment, I
plan to accelerate some of the financial performance improvements
that are already in process. The team has been incredibly
welcoming, and I look forward to working with Dave and the entire
organization.”
Mr. Ahmad will serve in this role until a permanent successor is
appointed.
About Cutera
Brisbane, California-based Cutera is a leading provider of laser
and other energy-based aesthetic systems for practitioners
worldwide. Since 1998, Cutera has developed innovative, easy-to-use
products that enable physicians and other qualified practitioners
to offer safe and effective aesthetic treatments to their patients.
For more information, call 1-888-4CUTERA or visit
www.cutera.com.
About FLG Partners, LLC
Founded in 2004, FLG Partners is the leader in CFO solutions and
CEO and Board advisory services. FLG delivers financial and
operational leadership to companies ranging from startups to
multi-billion-dollar public and private companies across multiple
industry sectors. FLG Partners' engagements span interim or
permanent CFO and C-suite leadership roles, CFO consulting, board
directorships and board advisory and performance consulting. With a
cumulative total of over 650 years of CFO experience, FLG's
partners bring outstanding expertise, independence and objective
leadership and industry best-practices to clients. For more
information, visit flgpartners.com.
Safe Harbor Statement
Safe Harbor Statement Certain statements in this press release,
other than purely historical information, are “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995, Section 27A of the Securities Act, and Section
21E of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”). These statements include, but are not limited to,
Cutera’s plans, our CFO search, prospects or future events and
involve known and unknown risks that are difficult to predict. As a
result, our actual financial results, performance, achievements or
prospects may differ materially from those expressed or implied by
these forward-looking statements. In some cases, you can identify
forward-looking statements by the use of words such as “may,”
“could,” “seek,” “guidance,” “predict,” “potential,” “likely,”
“believe,” “will,” “should,” “expect,” “anticipate,” “estimate,”
“plan,” “intend,” “forecast,” “foresee” or variations of these
terms and similar expressions, or the negative of these terms or
similar expressions. Forward-looking statements are based on
management's current, preliminary expectations and are subject to
risks and uncertainties, which may cause Cutera's actual results to
differ materially from the statements contained herein. These
statements are not guarantees of future performance, and
stockholders should not place undue reliance on forward-looking
statements. There are a number of risks, uncertainties and other
important factors, many of which are beyond our control, that could
cause our actual results to differ materially from the
forward-looking statements contained in this press release,
including those described in the “Risk Factors” section of Annual
Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current
Reports on Form 8-K, the Registration Statement on Form S-8 and
other documents filed from time to time with the United States
Securities and Exchange Commission by Cutera. All information in
this press release is as of the date of its release. Accordingly,
undue reliance should not be placed on forward-looking statements.
Cutera undertakes no obligation to update publicly any
forward-looking statements to reflect new information, events or
circumstances after the date they were made, or to reflect the
occurrence of unanticipated events. If we update one or more
forward-looking statements, no inference should be drawn that we
will make additional updates with respect to those or other
forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20191118005169/en/
Cutera Inc. Matthew Scalo Vice President, Investor Relations
& Corporate Development 415-657-5500 mscalo@cutera.com
Cutera Inc. Tanya Rodante Director, Corporate Communications
415-657-5500 trodante@cutera.com
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