UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): | April 5, 2017 |
STAAR Surgical
Company
__________________________________________
(Exact name of registrant as specified in its charter)
Delaware | 0-11634 | 95-3797439 |
(State or other jurisdiction | (Commission | (I.R.S. Employer |
of incorporation) | File Number) | Identification No.) |
1911 Walker Ave, Monrovia, California | 91016 | |
(Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: | 626-303-7902 |
Not Applicable
______________________________________________
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 7.01 Regulation FD Disclosure.
STAAR Surgical Company (the “Company”) issued a press release regarding the resignation of Stephen Brown as the Company’s Chief Financial Officer, effective April 28, 2017, and the appointment of Ms. Deborah Andrews, the Company’s current Chief Accounting Officer and former Chief Financial Officer, as the interim Chief Financial Officer, effective April 28, 2017. A copy of the press release is furnished as Exhibit 99.1 to this Report, and is incorporated herein by this reference.
The information furnished herewith pursuant to Item 7.01 of this Current Report, including Exhibit 99.1, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section. The information in Item 7.01 of this Current Report shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date of this Current Report, regardless of any general incorporation language in the filing.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit No. | Description |
99.1 | Press Release dated April 5, 2017. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
STAAR Surgical Company | ||
April 5, 2017 | By: | /s/ Caren Mason |
Caren Mason | ||
President and Chief Executive Officer |
Exhibit 99.1
STAAR Surgical Names Deborah Andrews Interim CFO
Steve Brown Resignation Effective April 28, 2017
MONROVIA, CA, April 5, 2017---STAAR Surgical Company (NASDAQ: STAA) a leading developer, manufacturer and marketer of implantable lenses and companion delivery systems for the eye, announced today that Steve Brown has resigned his position as Chief Financial Officer effective April 28, 2017. Deborah Andrews, currently Chief Accounting Officer, will step in as Interim CFO. Deborah was formerly CFO of STAAR from 2005 to 2013.
“My decision to leave STAAR Surgical was difficult to say the least. I would characterize the decision as one of lifestyle and commitment to family. I have determined that pursuing an opportunity within a manageable commuting distance was an essential element in achieving this outcome. I am fortunate to be in the position to make this positive change, all the while, regretting that I am leaving STAAR as the company is achieving its intended transformative three year plan goals. I am confident that the company will thrive in the future with the solid management team and extraordinary technology it possesses,” said Steve Brown.
“We thank Steve for his many contributions to STAAR and wish him the very best as he pursues new opportunities. He has been a great partner and tireless advocate for the company. He has worked closely with Deborah in her role as CAO and through their collaborative work, we are in an excellent position to achieve a seamless transition,” said Caren Mason, President and CEO. “We will initiate a search for a permanent replacement in the near term. We believe we have an outstanding opportunity for an accomplished CFO with outstanding public company credentials. STAAR continues to execute on its strategic priorities and we are pleased to be delivering visual freedom to a growing number of patients globally,” added Mason.
About STAAR Surgical
STAAR, which has been dedicated solely to ophthalmic surgery for over 25 years, designs, develops, manufactures and markets implantable lenses for the eye with companion delivery systems. These lenses are intended to provide visual freedom for patients lessening or eliminating the reliance on glasses or contact lenses. All of these lenses are foldable, which permits the surgeon to insert them through a small incision. STAAR’s lens used in refractive surgery is called an Implantable Collamer® Lens or “ICL”. To learn more about the ICL go to: www.discovervisianicl.com. STAAR has approximately 300 employees and markets lenses in over 60 countries. Headquartered in Monrovia, CA, the company operates manufacturing facilities in Aliso Viejo, CA and Monrovia, CA. For more information, please visit the Company’s website at www.staar.com.
Safe Harbor
All statements in this press release that are not statements of historical fact are forward-looking statements, including statements about any of the following: future prospects of the Company or its technology and any assumptions underlying any of the foregoing. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2016, under the caption “Risk Factors”, which is on file with the Securities and Exchange Commission and available in the “Investor Information” section of the company’s website under the heading “SEC Filings.”
These statements are based on expectations and assumptions as of the date of this press release and are subject to numerous risks and uncertainties, which could cause actual results to differ materially from those described in the forward-looking statements.
CONTACT: | Investors | Media |
EVC Group | EVC Group | |
Brian Moore, 310-579-6199 | Rob Swadosh, 212-850-6021 | |
Doug Sherk, 415-652-9100 |
PA*[/LJ 6^68[F'>G 70$#LY!2.:2Y'I6RQ>4U@;F<)^X2B(?G#$95B_>;WLX_RGG/W%);J>D^.P
MFM5(!'8QO(7J(*"K;".E*LE=!B9__#"EE(Q_OQX DU\(O 1_UHMP/[/S<9+R
M_26V^4_<8J=J^^WF_P"L&\-.==M]VKH=I*$[)N#5B@]K(K7^T)K3]8M+@ZC1
M2'E)6 -+[]T"D,U+U:-,[OTO;DMB=?]]4@@*VC6%U0^V,HK]K]PS&5@)462
M'W34%D%/D;I*IJ%.GP:^>!:$]#?@S Z7ZG>?6[5E;4MG\BO5FL4B18! 3.WZ
M!HN=9[S=P2R8M7;M@FHTCJ]$65PT]3.6JS90BAA,FJ0P>[*RCJZ^WZQ\F>))
M[T2Z2ZHZ!]>Z[U_U,I+RK)A(R5GN%ULJJ;BU[%OL^**MBN=C62 $BO) Z!$D
MD4Q$C9JBFD F]HG,2451"