SUNNYVALE, Calif., Nov. 19, 2018 /PRNewswire/ -- Accuray
Incorporated (NASDAQ: ARAY) announced today that its Board of
Directors has named Shig Hamamatsu
as senior vice president, chief financial officer effective
immediately. Mr. Hamamatsu joined Accuray as its vice president of
finance and chief accounting officer in September 2017 before
assuming the role of interim chief financial officer on
October 1, 2018.
"Shig has a proven track record of more than 15 years building
and leading public company global finance organizations that drive
results," said Joshua H. Levine,
president and chief executive officer. "I look forward to working
with Shig as strategic financial partners to execute Accuray's
growth agenda."
Prior to joining Accuray, Mr. Hamamatsu served as Vice
President, Corporate Controller at Cepheid, a publicly traded
molecular diagnostics company acquired by Danaher Corporation in
2016. He also served as Vice President, Finance and Corporate
Controller at Cypress Semiconductor Corporation, a publicly traded
global semiconductor company. Mr. Hamamatsu began his career
at PricewaterhouseCoopers LLP.
"I am excited about my role and appreciate the opportunity to
serve as Accuray's chief financial officer during this
transformative time in the Company's history," said Mr. Hamamatsu.
"I look forward to working with our entire executive team and
leading the company's finance organization as we execute our growth
and earnings expansion initiatives."
About Accuray
Accuray Incorporated (NASDAQ: ARAY) is a radiation oncology company
that develops, manufactures, and sells precise, innovative tumor
treatment solutions that set the standard of care with the aim of
helping patients live longer, better lives. The company's
leading-edge technologies deliver the full range of radiation
therapy and radiosurgery treatments. For more information, please
visit www.accuray.com.
Safe Harbor Statement
Statements made in this press release that are not statements of
historical fact are forward-looking statements and are subject to
the "safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements in this press
release relate, but are not limited, to expectations regarding the
company's ability to execute its strategic growth and earnings
expansion initiatives. These forward-looking statements involve
risks and uncertainties. If any of these risks or
uncertainties materialize, or if any of the company's assumptions
prove incorrect, actual results could differ materially from the
results expressed or implied by these forward-looking
statements. These risks and uncertainties include, but are
not limited to, the company's ability to achieve widespread market
acceptance of its products, the company's ability to achieve
profitability by maintaining or increasing gross margins on its
products sales and services, the company's ability to anticipate or
keep pace with changes in the marketplace and the direction of
technological innovation and customer demands and such other risks
identified under the heading "Risk Factors" in the company's annual
report on Form 10-K, filed with the Securities and Exchange
Commission (the "SEC") on August 24,
2018, the company's quarterly report on Form 10-Q, filed
with the SEC on November 6, 2018 and
as updated periodically with the company's other filings with the
SEC.
Forward-looking statements speak only as of the date the
statements are made and are based on information available to the
company at the time those statements are made and/or management's
good faith belief as of that time with respect to future events.
The company assumes no obligation to update forward-looking
statements to reflect actual performance or results, changes in
assumptions or changes in other factors affecting forward-looking
information, except to the extent required by applicable securities
laws. Accordingly, investors should not put undue reliance on any
forward-looking statements.
Investor Contact:
Brian Moore
EVC Group
+1 (310) 579-6199
bmoore@evcgroup.com
Michael Polyviou
EVC Group
+1 (732) 933-2754
mpolyviou@evcgroup.com
Media Contact:
Beth Kaplan
Accuray
+1 (408) 789-4426
bkaplan@accuray.com
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SOURCE Accuray Incorporated