Accuray CFO Derek Bertocci Resigns; Successor Named - Quick Facts

(RTTNews) - Accuray Inc. (ARAY), a radiation oncology company, announced the resignation of Derek Bertocci as Senior Vice President and Chief Financial Officer of the company, effective September 2, 2013. Further, Accuray has named Gregory Lichtwardt, executive vice president, chief financial officer, effective immediately. Bertocci is expected to continue in a consulting role with the company.

Lichtwardt joins Accuray after spending over nine years with Conceptus Inc., where he served as Executive Vice President, Chief Financial Officer. During his time at Conceptus Inc., its sales jumped to $141 million, from $8 million, and adjusted EBITDA reached 20 percent of sales.

Lichtwardt brings to Accuray thirty-three years of financial and operational leadership experience in building technology companies. Prior to joining Conceptus Inc., he served as Executive Vice President, Chief Financial Officer and Corporate Secretary of Innoventry, Inc., a financial services company.