Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



STAAR Surgical Poaches a CFO From Bausch & Lomb

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

Monrovia, Calif.-based STAAR Surgical Company (NASDAQ: STAA  ) has a new CFO today.

On Monday, STAAR announced it has hired Stephen P. Brown away from Bausch & Lomb Surgical to become its new chief financial officer. Brown replaces current CFO Deborah Andrews, who is stepping down one rung to become chief accounting officer.

As the company explained in a statement: "As we complete the consolidation of our manufacturing facilities, and look forward to our opportunities for growth, it is the right time to add to the strength of our financial management team."

Brown brings to STAAR 19 years of financial management leadership experience in the medical device and pharmaceutical industries, having been CFO at Hoya Surgical Optics and at Johnson & Johnson's Advanced Sterilization Products division prior to joining Bausch & Lomb -- and having served as vice president for global finance there for the past five years.

In a filing with the SEC, STAAR disclosed that it will be paying Brown an annual base salary of $300,000 plus an annual bonus of up to 40% of base salary and 50,000 stock options.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2629397, ~/Articles/ArticleHandler.aspx, 8/30/2016 1:06:57 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,450.87 -52.12 -0.28%
S&P 500 2,175.83 -4.55 -0.21%
NASD 5,221.85 -10.48 -0.20%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

8/30/2016 12:50 PM
STAA $8.89 Up +0.02 +0.22%
STAAR Surgical CAPS Rating: *