Merge Appoints Interim CEO

Posted on May 17th, 2006

Bill Mortimore, the founder and former chief executive of [tag]Merge Technologies[/tag] Inc., has been named interim chief executive officer. This follows the resignation of CEO Richard Linden, who resigned after problems with the company’s financial statements were found and the company’s stock value dropped significantly.

Merge is seeking a permanent [tag]replacement CEO[/tag], and also is conducting a search to replace the current chief financial officer Scott Veech.

The company is currently conducting an [tag]investigation[/tag] into its accounting and financial matters. Merge found errors in its second and third quarter [tag]financial statements[/tag] from 2005. The company is also in violation of National Association of Securities Dealers ([tag]NASD[/tag]) rules because it has not yet filed its 2005 [tag]annual report[/tag].

Related posts:

  1. Merge Executives Resign and Stock Price Plummets
  2. Update on Merge Technologies
  3. Merge Discloses Accounting Errors and Irregularities
  4. Losses and Changes at Merge Technologies
  5. Should Internal Audit Report to the CFO?

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