Cutera shares rise on replacing CEO

Cutera

17/04/2023 17:23

** Shares of aesthetic and dermatology solutions provider
Cutera Inc  CUTR.O  up 2.9% at $23.08
    ** Co board replaces David Mowry as CEO after conclusion
that Mowry had "not effectively executed" limited commercial
rollout of AviClear solution in fall of 2022
    ** Appoints Sheila A. Hopkins as interim CEO
    ** Hopkins to remain as interim CEO till board appoints
successor
    ** CUTR shares down 46.5% YTD

 (Reporting by Tanya Jain)
 ((Tanya.Jain@thomsonreuters.com))