NuVasive CEO resigns after probe finds policy violations

By

NuVasive CEO Resigns After Probe Finds Policy Violations (WSJ)
NuVasive Inc. said Chairman and Chief Executive Alex Lukianov resigned after an investigation overseen by the medical-device company’s board found he didn’t comply with some of its expense reimbursement and other policies.
Shares fell 5.4% to $43.52 in recent premarket trading.
The company also said it expects its first-quarter revenue will exceed $190 million, above estimates of analysts polled by Thomson Reuters for $189 million. NuVasive added that it remains on track to meet its profit guidance for the year.
Greg Lucier, a memb...

Your friends are reading OrthoStreams daily - Are you ?

 

Unlock your access to full rich article, trends, hot startups, market reports and your daily newsletter.

Just $1/day.