Pet DRx Appoints Harry L. Zimmerman as Interim CFO and Kyle Morse as Chief Accounting Officer
17 Outubro 2008 - 5:05PM
Business Wire
Pet DRx Corporation (NASDAQ: VETS) today announced it has appointed
the Company�s Chief of Business Development, Harry L. Zimmerman, to
also serve as interim Chief Financial Officer effective Monday,
October 13, 2008. Mr. Zimmerman will continue in his business
development capacity, and will report to Gene Burleson, Pet DRx�s
Chief Executive Officer. Additionally, Pet DRx announced that it
has appointed Vice President and Corporate Controller Kyle Morse to
serve as the Company�s Chief Accounting Officer. Mr. Morse will
report to Mr. Zimmerman. As announced on August 14, 2008, Gregory
Eisenhauer notified the Company of his decision to resign as Chief
Financial Officer effective November 30, 2008. In order to ensure a
smooth transition with continuity of accurate and timely financial
reporting, Mr. Eisenhauer shall continue to serve as Pet DRx�s
principal financial officer until November 30, with responsibility
for the preparation of the Company�s Form 10-Q for the quarterly
period ended September 30, 2008 to be filed with the U.S.
Securities and Exchange Commission. Pet DRx�s Chief Executive
Officer Gene Burleson commented, �Pet DRx is fortunate to have a
seasoned executive of Harry�s caliber step in to perform the
responsibilities of the chief financial officer until a permanent
replacement for Gregg is appointed. Harry�s experience with the
financial markets and with growing companies will be an asset to
Pet DRx during this transitional time.� Mr. Burleson added, �Kyle�s
appointment as our chief accounting officer is appropriate given
Kyle�s significant contributions to the company on the financial
reporting front and his in-depth knowledge of the Company.� Mr.
Zimmerman served as Executive Vice President and General Counsel of
Encore Medical Corporation from early 1994 until the end of 2007.
During that time, Encore grew from approximately $5 million to over
$450 million in revenue in 2006 when it was acquired by The
Blackstone Group in a going-private transaction for a purchase
price of approximately $900 million. While with Encore, Mr.
Zimmerman was actively involved with many areas of the company,
including the numerous acquisitions it made between 2001 and 2007,
and was part of the management and finance team that raised over $1
billion in debt and equity financing. Prior to joining Encore, Mr.
Zimmerman was a senior corporate associate with the law firm of
Winstead, Sechrest & Minich, P.C. Mr. Zimmerman has a Bachelor
of Science in Economics from the Wharton School at the University
of Pennsylvania and a Juris Doctor from the University of Texas
School of Law. He is also licensed as a Certified Public Accountant
in Texas. Mr. Morse has served as Vice President and Corporate
Controller of the Company since November 2007 during which time he
established the finance and accounting team and was instrumental in
transitioning Pet DRx into a publicly reporting company. From
August 2006 to October 2007, Mr. Morse served as Vice President of
Finance and Administration for Edgenet, Inc., a software
development company. From August 2004 to August 2006, he served as
segment controller for SPX Corporation, a Fortune 500 global
industrial manufacturer with financial reporting responsibility for
13 business units throughout Europe and the United States with
combined annual revenues of approximately $2.5 billion. Prior to
joining SPX, Mr. Morse was a manager with PricewaterhouseCoopers
LLP in St. Louis, Missouri. Mr. Morse has a Bachelor of Science in
Accounting from the University of Missouri � Columbia. He is also
licensed as a Certified Public Accountant in Missouri. About Pet
DRx Pet DRx Corporation provides veterinary primary care and
specialized services to companion animals through a network of
fully-owned veterinary hospitals. The Company currently owns and
operates 25 leading veterinary hospitals in the state of
California, which it has organized into unique, regional
�hub-and-spoke� networks. Pet DRx provides a full range of general
medical treatments for companion animals, including (i) preventive
care, such as examinations, vaccinations, spaying/neutering and
dental care and (ii) a broad range of specialized diagnostic and
medical services,�such as internal medicine, surgery, cardiology,
ophthalmology, dermatology, oncology, neurology, x-ray, ultrasound
and other services. SAFE HARBOR STATEMENT Certain statements and
information included in this press release constitute
�forward-looking statements� within the meaning of the Federal
Private Securities Litigation Reform Act of 1995. These
forward-looking statements are subject to risks and uncertainties
that may cause actual results to differ materially, including, but
not limited to, the ability of the Company to successfully acquire,
integrate and operate veterinary hospitals and clinics,
requirements or changes affecting the businesses in which the
Company is engaged, veterinary services trends, including factors
affecting supply and demand, dependence on acquisitions for growth,
labor and personnel relations, changing interpretations of
generally accepted accounting principles and other risks detailed
from time to time in the Company�s SEC reports, including its
reports on Form 10-K and 10-Q, as well as its Current Report on
Form 8-K/A filed on April 4, 2008, and the foregoing information
should be read in conjunction with these filings. These
forward-looking statements speak only as of the date hereof and the
Company disclaims any intention or obligation to update or revise
any forward-looking statements, either as a result of new
information, future events or otherwise.
Pacer Military Times Bes... (NASDAQ:VETS)
Gráfico Histórico do Ativo
De Out 2024 até Nov 2024
Pacer Military Times Bes... (NASDAQ:VETS)
Gráfico Histórico do Ativo
De Nov 2023 até Nov 2024