BRISBANE, Calif., Nov. 03, 2016 (GLOBE NEWSWIRE) -- Cutera, Inc. (NASDAQ:CUTR) (“Cutera” or the “Company”), a leading provider of laser and energy-based aesthetic systems for practitioners worldwide, today announced that effective October 28, 2016, J. Daniel Plants has been elected to its newly-formed Chairman of the Board position. Previously, Dr. David B. Apfelberg served as the Board-designated lead independent director. The Board currently has seven members, including Dr. Apfelberg.
J. Daniel Plants was initially appointed to the Company’s Board of Directors in January 2015. Mr. Plants is the Founder and Chief Investment Officer of Voce Capital Management LLC (together with its affiliates, “Voce”). Voce and Mr. Plants collectively own 727,031 shares of Cutera as of today, or approximately 5.4% of the Company’s outstanding shares. Prior to founding Voce, Mr. Plants held a number of positions at leading Wall Street firms, including executive roles in investment banking at Goldman Sachs and JPMorgan Chase, and as a corporate attorney with Sullivan & Cromwell. Mr. Plants has been a Director of Destination Maternity Corporation since November 2014. He co-founded The Bay Area Urban Debate League and served as its Vice Chairman from 2008 to 2012.
Mr. Plants commented, “I’m delighted to accept the position of Chairman of the Board of Cutera, and look forward to continuing to work with my Board colleagues and the talented Cutera team to build on the success the Company has achieved. As a substantial and long-term shareholder in Cutera, we remain focused on building sustainable value for the benefit of all shareholders."
About Cutera, Inc.
Brisbane, California-based Cutera is a leading provider of laser and other energy-based aesthetic systems for practitioners worldwide. Since 1998, Cutera has been developing innovative, easy-to-use products that enable physicians and other qualified practitioners to offer safe and effective aesthetic treatments to their patients. For more information, call 1-888-4CUTERA or visit www.cutera.com.
About Voce Capital Management LLC
Voce Capital Management LLC is a fundamental value-oriented, research-driven investment adviser founded in 2011. The San Francisco-based firm is 100% employee-owned.
Cutera, Inc.Ron Santilli
Chief Financial Officer
John MillsICR, Inc.