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news.BSD Medical Corporation (BSD Medical) has appointed Timothy McQuay, an outside director, was appointed chairman of the board at a board meeting held May 13, 2009. McQuay has served as a director of the company since February 2008. He is a managing director with B Riley & Co (B Riley). McQuay replaces Paul Turner, who previously served as chairman of the board. Turner will continue as a member of the board.
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Before joining B Riley in September 2008, McQuay employed for 10 years as managing director investment banking at A. G. Edwards & Sons, Inc., where he specialized in healthcare, including medical technology, biotechnology and specialty pharmaceuticals. He earlier served as partner and managing director investment banking at Crowell, Weedon & Company, as vice president corporate development at Kerr Group, Inc, as managing director merchant banking at Union Bank of California, as senior vice-president corporate finance at Wedbush Morgan Securities and as vice-president brokerage services at Alexander & Alexander, Inc. McQuay holds an AB in Economics from Princeton University and an MBA from UCLA.
BSD Medical develops, manufactures, markets and services systems to treat cancer and benign diseases using heat therapy as provided by focused radio frequency and microwave energy.