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Stereotaxis, Inc. (STXS) CEO Michael Kaminski Steps Down



3/6/2013 8:51:56 AM

Michael Kaminski, president and chief executive of Stereotaxis Inc., will step down from his job on April 12, the company announced Tuesday. Kaminski, who served as CEO since 2009, plans to accept a position as division president of a company in an unrelated field, according to a news release. The St. Louis-based, publicly traded company sells computerized medical systems for cardiac procedures. Stereotaxis’ board of directors has appointed board chairman William Mills III as interim chief executive. Kaminski will remain an adviser to the company through October 2014. During a telephone conference call, ? Kaminski told Wall Street analysts that in the fourth quarter 2012 the company achieved its “best financial performance in eight years.” Revenue for the fourth quarter totaled $12.2 million, compared to $11.6 million a year ago.



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