Harvard Bioscience Announces Resignation of Chief Financial Officer
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Harvard Bioscience, Inc. (Nasdaq: HBIO), announced that on April 23,
2008, Bryce Chicoyne resigned as its Chief Financial Officer. Mr.
Chicoyne’s resignation is effective May 9,
2008. Mr. Chicoyne will continue to work with us, assisting us with
transitional matters and the completion of our quarterly reporting
process for the first quarter. Mr. Chicoyne has accepted the position of
CFO at another company and his resignation did not relate to any
disagreements with us on any matter related to our operations, policies
or practices.
Beginning on May 9, 2008, Susan Luscinski, in addition to her
responsibilities as Chief Operating Officer, will serve as our principal
financial officer on an interim basis to succeed Mr. Chicoyne. Prior to
her current role as COO, Ms. Luscinski served as our Chief Financial
Officer from August 2001 until August 2004 and Vice President of Finance
and Administration from May 1999 until August 2001. Ms. Luscinski served
in various other positions at our company and its predecessor since
January 1985.
"We would like to thank Bryce for all of his
services during his tenure with the Company, including his important
role in assisting in our implementation procedures to comply with
Section 404 of the Sarbanes-Oxley Act. We believe he has created a
strong finance team and reporting infrastructure, and we wish him well
in his future endeavors. We are also fortunate to be able to reach out
to Sue Luscinski, who has previously served as our CFO, to assist us
with this critical role while we actively search for a new CFO,”
said Chane Graziano, Chief Executive Officer of Harvard Bioscience.
About Harvard Bioscience
Harvard Bioscience ("HBIO”)
is a global developer, manufacturer, and marketer of a broad range of
specialized products, primarily scientific instruments and apparatus,
used to advance life science research at pharmaceutical and
biotechnology companies, universities and government laboratories
worldwide. HBIO sells its products to thousands of researchers in over
100 countries primarily through its 900 page catalog (and various other
specialty catalogs), its website and through its distributors, including
GE Healthcare, Thermo Fisher Scientific and VWR. HBIO has sales and
manufacturing operations in the United States, the United Kingdom,
Germany, Spain and Austria with additional facilities in France and
Canada. For more information, please visit www.harvardbioscience.com.
For investor inquiries, please call (508) 893-8066. Press releases may
be found on our web site, http://www.harvardbioscience.com.