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AdvanSource Biomaterials’s CFO resigns

AdvanSource Biomaterials, a developer of advanced polymer materials for a range of medical devices, has announced that Eric Walters, the company's CFO, has offered his resignation to pursue other personal interests. The company has appointed David Volpe as its interim CFO.

Michael Adams, president and CEO of AdvanSource Biomaterials, said: “We sincerely appreciate Eric’s contributions since he joined the company in October 2005 as a seasoned financial executive, including his role in leading the sale of two divisions and transitioning the company to its strategic goal of becoming a preeminent and innovative biomaterials provider to the medical device industry.”

Mr Walters said: “I have enjoyed my three and one half years working at the company, an exciting period in which the company has positioned itself to leverage its materials technology to address the needs of medical device companies worldwide.”