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Medical technology & services

Perimeter Medical Imaging AI makes leadership changes, including appointment of Suzanne Foster as chair of its board of directors

Perimeter Medical Imaging AI Inc (TSX-V:PINK, OTC:PYNKF) has reported leadership changes, including the appointment of Suzanne Foster as chair of its board of directors, effective immediately, and the resignation of its chief financial officer.

Perimeter Medical noted that Foster is president of Beckman Coulter Life Sciences and previously held the positions of president of Cardinal Health’s Health-at-Home and VP general manager Medtronic Advanced Energy. Earlier in her career, she held various legal and compliance roles focused on health systems and healthcare organizations.

In a statement, Jeremy Sobotta, Perimeter’s chief executive officer said: “Suzanne is a global industry leader with more than 25 years of healthcare experience. Her leadership and industry expertise will be assets to all Perimeter stakeholders in this new capacity. She is one of the longest-serving directors on our board, and I look forward to continuing to work closely with Suzanne in pursuit of our mission to transform cancer surgery.”

READ: Perimeter Medical Imaging AI reports two new commercial installations of its flagship Perimeter SSeries OCT system

He added: “We are also grateful that Dr Anthony Holler, Perimeter’s chair from 2019 to 2022, will continue to provide strategic advice and serve as one of our directors moving forward.”

Foster commented: “I am excited to take on the role of chair and support the advancement of Perimeter’s innovative technology with the goal of improving patient outcomes and reducing healthcare costs. When I was going through breast cancer treatment, my surgeon used to say that she could cut out the cancer, but the real miracles will happen when she can cut out the fear."

"My hope is that surgeons who use Perimeter’s technology in the OR will reduce the likelihood of a second surgery – but, importantly, also reduce the fears and anxieties of their patients," she added.

Chief financial officer resigns

In addition, Perimeter Medical also announced that Chris Scott has resigned as its chief financial officer (CFO), effective January 13, 2023.

The company said the formal search for a new CFO has been initiated and added that Russell Wagner will serve as interim CFO until a new CFO is appointed.

Wagner is a CPA and an accomplished executive with a track record of solid performance across all major finance, accounting, and treasury functions in a healthcare setting. From 2003 until his retirement in 2020, Wagner was executive vice president, chief financial officer, and treasurer at Holy Redeemer Health System in Philadelphia, PA. Prior to assuming these CFO duties, he held VP-level roles of increasing responsibility across the Finance function at Holy Redeemer Health from 1994 to 2003.

Wagner began his career at the certified public accounting firm of Heffler and Company in 1979, and was promoted to partner in 1986, where his emphasis was healthcare auditing and consulting until 1994. His clients included hospitals, nursing homes, home health agencies, physician groups, and health insurance companies.

Based in Toronto, Canada and Dallas, Texas, Perimeter Medical Imaging AI is a medical technology company driven to transform cancer surgery with ultra-high-resolution, real-time, advanced imaging tools to address areas of high unmet medical need.

Contact the author at jon.hopkins@proactiveinvestors.com

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