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Spectranetics Names Scott Drake President, Chief Executive

DOW JONES NEWSWIRES Spectranetics Corp. (SPNC) named Scott Drake, a former DaVita Inc. (DVA) executive, as its president and chief executive, effective Aug. 10. The medical-device maker's search began last November, when 61-year-old Emile J. Geisenheimer retired from the posts. Drake was senior vice president of operations for DaVita, provider of kidney care and dialysis, where he was responsible for business operations that generated about 20% of the company's $6 billion in revenue. "Scott has a proven track record of developing and leading efforts to accelerate revenue growth within businesses that are similar in size as well as much larger than Spectranetics," said Chairman R. John Fletcher. "Scott's leadership will be a great asset to the company as we work to expand our presence and capture the significant potential within our cardiovascular markets." Spectranetics said in April its first-quarter loss narrowed as revenue rose 5%. Shares closed at $6.76 Monday and were inactive premarket. The stock has gained 32% over the past year. -By Melodie Warner, Dow Jones Newswires; 212-416-2283; melodie.warner@dowjones.com

Stock News for Davita (DVA)
DateTimeHeadline
03/23/201711:45:00IMPORTANT INVESTOR ALERT: JFJN LAW Announces Securities Class...
03/22/201706:13:00DaVita Shares Online Kidney Diet Resources for National Nutrition...
03/21/201706:13:00DaVita Teammate Awarded Medal of Excellence from American Association...
03/20/201712:35:00DaVita's Chief Medical Officer Honored by Renal Physicians Association
03/16/201713:28:00IMPORTANT INVESTOR ALERT: JFJN LAW Announces Securities Class...
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03/09/201707:03:00Honor World Kidney Day with DaVita
03/09/201706:13:00Honor World Kidney Day with DaVita
03/09/201706:00:00Honor World Kidney Day with DaVita
03/08/201706:13:00DaVita Kidney Care Welcomes Dr. Francesca Tentori to Physician...
03/07/201715:15:00DaVita Celebrates 10 Consecutive Years Among FORTUNE® Magazine's...
03/01/201706:01:00Connect with Your Kidneys: DaVita Kicks Off National Kidney Month
02/28/201716:37:00The Everett Clinic to Acquire Totem Lake Family Medicine
02/28/201706:13:00Dr. Adam Weinstein Joins DaVita Kidney Care Physician Leadership...
02/27/201718:17:44Statement of Changes in Beneficial Ownership (4)
02/24/201716:37:50Annual Report (10-k)
02/23/201717:27:12Statement of Changes in Beneficial Ownership (4)
02/23/201717:21:39Initial Statement of Beneficial Ownership (3)
02/23/201706:03:00DaVita Appoints Chief Medical Officer for Integrated Kidney Care

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