In Brief: Gum Tech
This article was originally published in The Tan Sheet
Executive Summary
Gum Tech: Chief Operating Officer Gary Kehoe to interim president following the resignation of Chairman, CEO and President Gerald Kern, the company announces Feb. 11. Bruce Jorgenson, MD, joins the company as chairman from a pediatrics practice in Utah. Kern says "the past few months have been difficult ones for me as I found myself more and more in disagreement with the will of the board and with the direction certain shareholders would like to see the company take." Kehoe has been with Gum Tech since 1995 and is "largely responsible for developing the company's state-of-the-art OTC manufacturing plant," the company says. The resignation of two directors, Jack Kessler and Paul Peckman, and election to the board of William Arthur Yuan also are announced...