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Tag archive for ‘Hansen Medical’

Hansen Medical extends guaranteed bonus to SVP a second time(0)

hansen-logoHansen Medical extended for a second month the guaranteed monthly bonus of $16,667 it pays to its senior vice president of commercial operations, Christopher Sells, in addition to his $275,000 annual salary.

When Sells was first hired in June 2008, the company offered Read the rest of this entry »

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Director on Hansen’s board resigns two days after annual meeting(0)

hansen-logoTwo days after holding its annual meeting, Hansen Medical had one of its directors resign, the company reported in a filing today with the SEC.

Thomas McConnell was not up for re-election to Hansen’s board, whose members serve staggered terms, and his was not set to expire until  Read the rest of this entry »

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Hansen’s board volunteers a stock kiss on departing COO(1)

hansen-logo1One Sunday earlier this month, Hansen Medical, the Mountain Mountain View maker of robotic medical devices, and Gary Restani, its chief operating officer, agreed that his employment would be coming to an end.

Restani, who joined Hansen’s board in September 2006 and was named COO a month later, was to remain on the company’s board of directors after his employment ends March 1, according to the company’s SEC filing Feb. 12 announcing the agreement reached Feb. 8.

His departure was somewhat surprising, given that Read the rest of this entry »

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Hansen Medical COO stepping down(0)

hansen-logoOn Sunday, Hansen Medical and its chief operating officer, Gay Restani, agreed that his “employment with the company would end” on March 1. He will remain as a director on the board.

The news was released Thursday in a filing with the SEC, the same day the company reported Read the rest of this entry »

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Hansen Medical retains executives by increasing severance(2)

Hansen Medical sweetened its severance agreements with several top executives last week as part of its efforts to retain them. That’s right, in order to keep them around, Hansen increased how much cash it would pay “in the  event of a covered termination of employment”, lengthened the period after their termination during which it would pay for their COBRA medical benefits and significantly increased the accelerated vesting of their equity.

Under its previous agreement with its top brass, Hansen Medical agreed to Read the rest of this entry »

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Hansen Medical retracts CEO’s use of the ‘P’ word(0)

hansen-medical-logo.gif Hansen Medical, the Mountain View medical device company, filed a disclaimer with the SEC early Tuesday about a “May 4, 2008 New York Times article” in which “a statement concerning when (Hansen Medical) should become profitable” was attributed to “an officer” at the company. Read the rest of this entry »

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