11/5/2012 8:58:38 AM
West Chester, Ohio-based device maker AtriCure (NSDQ:ATRC) named Michael Carrel as president, CEO and a member of the board of directors of the company, effective November 1. Carrel will receive an annual base salary of $500,000, plus a $40,000 bonus and a year-end bonus of $62,500. He is also eligible for an annual performance bonus of up to 125% of his base salary, according to regulatory filings. Carrel was previously president & CEO at Vital Images, which was acquired by Toshiba in 2011. Carrel held the role until 2012.
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