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« on: August 06, 2007, 04:06:35 AM »

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Cyberonics Names James A. Reinstein as Vice President, Sales & Marketing, and General Manager, International and Announces Other Management Changes
Monday August 6, 9:21 am ET


HOUSTON, Aug. 6 /PRNewswire-FirstCall/ -- Cyberonics, Inc. (Nasdaq: CYBX - News) today announced the appointment of James A. Reinstein as Vice President, Sales & Marketing, and General Manager, International, effective immediately. In this role, Mr. Reinstein will lead the sales and marketing effort in the United States and will be the general manager of Cyberonics Europe SA with responsibility for all sales and distribution outside the United States.
 
Mr. Reinstein joins Cyberonics from Boston Scientific where, since 1990, he has held positions in sales, marketing and product management in the U.S., Asia, Europe and Mexico. Most recently, he served as a Vice President of Boston Scientific Asia, where he led the Korean team and had responsibility for Taiwan and Hong Kong. Prior to that, he held the position of Country Director of Boston Scientific Mexico, where he built a new management team to turn around that country's organization while growing the top line by 30%. Mr. Reinstein previously held positions at Boston Scientific that included Inter-Continental Director of Marketing, European Group Marketing Manager, European Product Manager and U.S. marketing management and sales.

"James has consistently demonstrated his ability to deliver impressive levels of sales growth. As we refocus our team on epilepsy, he is the ideal person to lead our global sales teams back to respectable growth in our core epilepsy business. I am pleased to have James join the Cyberonics team, and I am confident he will be an important contributor to growing both our domestic and international businesses," said Dan Moore, Cyberonics' President and Chief Executive Officer. "I've known James for 15 years while we worked together at Boston Scientific, where he demonstrated his leadership, business acumen and adaptability to working across different regions and cultures."

Prior to joining Boston Scientific, Mr. Reinstein spent four years with Procter and Gamble. He received his Bachelor of Arts from the University of Georgia and completed the Executive Management Program at INSEAD in France in 1999. Mr. Reinstein served as Chairman of the American Chamber of Commerce Medical Device Committee in Korea. He is also a Charter Board Member of the International Society for Pharmacoeconomics and Outcomes Research Asia-Pacific and has served as the Asian Advisor to the U.S. Trade Representatives negotiating the Korean-USA Free Trade Agreement.

Cyberonics also announced the resignations of two senior executives, Michael A. Cheney, Vice President, Marketing & Sales, and Shawn P. Lunney, Vice President, Market Development. "Both Michael and Shawn have made important contributions to the development of Cyberonics over a long period of time, and we thank them for all their efforts on Cyberonics' behalf," commented Mr. Moore.[/size]
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« Reply #1 on: August 09, 2007, 05:52:44 AM »

Looks like these new changes has had a positive reaction with the stocks!

CYBX

 
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"If you are going through hell, keep going." (Sir Winston Churchill, 1874-1965)
VNS implanted Sept 02, turned off Dec 04, Generator ex-planted Nov 07
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