EnteroMedics Appoints Dan Gladney As Chairman Of Board

(RTTNews) - EnteroMedics Inc. (ETRM) announced the appointment of President and Chief Executive Officer Dan Gladney as Chairman of the Board of Directors, effective October 14, 2016.

Gladney will succeed Mark Knudson, co-founder of EnteroMedics, who will be retiring from the Board. Knudson will be Special Advisor to the CEO on clinical and scientific activities following his retirement.

As part of this transition, the EnteroMedics Board will take action at its December meeting to create an Independent Lead Director position and has asked the Nominating and Governance Committee to recommend a candidate for appointment to that position.