The Board of Directors of device manufacturer Cynosure has promoted executive vice president, chief operating officer and chief financial officer Timothy W. Baker, MBA, to president of the company, effective August 1, 2014. Baker, 53, will continue to serve as CFO and will take the title of president from Michael Davin, who remains chairman and CEO.
"Tim has been a valued member of Cynosure's leadership team since joining the company as executive vice president and CFO in 2004," Davin said. "He is focused on continuously improving our financial and operating performance and committed to delivering value for our shareholders. Tim played a key strategic role in our June 2013 acquisition of Palomar Medical Technologies; his operational skills and business expertise were keys to successfully completing the integration in just 12 months. We congratulate Tim on this well-deserved promotion."
Before joining Cynosure, Baker—a certified public accountant with an MBA in operations management—worked with Stryker Biotech, Photoelectron Corporation, and surgical device provider Radionics.
Image courtesy of Cynosure