Stephen C. Farrell Appointed to STAAR Surgical Board of Directors
Mr. Farrell is the Chief Executive Officer and a Director of Convey Health Solutions, a private equity sponsored technology-enabled healthcare business process outsourcer that manages end-to-end insurance processes for business clients. He also currently serves as a member of the Board of Directors of
"Stephen brings significant operating, financial and board experience to STAAR. He has a strong knowledge of healthcare, holding executive leadership positions at
STAAR also announced today that its Board has amended its bylaws to (i) adopt a majority vote standard for uncontested director elections and (ii) enable holders of at least 35% of the outstanding common stock of STAAR to call a special meeting. The Board's actions are part of STAAR's ongoing review of corporate governance practices and reflects the Board's commitment to understanding and appropriately responding to shareholder recommendations. The Board plans to submit these amendments to its bylaws for shareholder ratification at its next meeting of shareholders in 2016.
About
STAAR, which has been dedicated solely to ophthalmic surgery for over 25 years, designs, develops, manufactures and markets implantable lenses for the eye and delivery systems therefor. All of these lenses are foldable, which permits the surgeon to insert them through a small incision. STAAR's lens used in refractive surgery as an alternative to LASIK is called an Implantable Collamer® Lens or "ICL." A lens used to replace the natural lens after cataract surgery is called an intraocular lens or "IOL." More than 550,000 Visian ICLs have been implanted to date. To learn more about the ICL go to: www.visianinfo.com. STAAR has approximately 300 employees and markets lenses in over 60 countries. Headquartered in
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EVC Group |
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Brian Moore, 310-579-6199 |
Dave Schemelia, 646-445-4800 |
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Doug Sherk, 415-652-9100 |
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