EYE » Topics » G. MASON MORFIT TO BOARD OF DIRECTORS

This excerpt taken from the EYE 8-K filed Dec 5, 2007.

G. MASON MORFIT TO BOARD OF DIRECTORS

SANTA ANA, CA (December 5, 2007) – Advanced Medical Optics, Inc. (AMO) [NYSE: EYE], a global leader in ophthalmic surgical devices and eye care products, today announced the election of Daniel J. Heinrich and G. Mason Morfit to its board of directors, increasing the company’s board to 10 members.

Since 2003, Mr. Heinrich, 51, has been senior vice president and chief financial officer of The Clorox Company [NYSE: CLX], the global consumer packaged goods company with approximately $4.8 billion in annual sales and more than 7,800 employees worldwide. Mr. Morfit, 32, is a partner at San Francisco-based ValueAct Capital Partners, a private investment partnership with more than $6 billion in assets under management on behalf of some of the world’s most respected institutional and high-net worth investors. ValueAct Capital is AMO’s largest stockholder.

“Dan and Mason each bring distinct experiences that will broaden and enrich our board,” said Jim Mazzo, chairman and chief executive officer. “Dan’s extensive financial expertise and understanding of the global consumer market will be immensely valuable as we execute our complete refractive solution strategy. Mason brings the perspective of a major stockholder with demonstrated governance and capital markets expertise. We are pleased to welcome both gentlemen as new directors and look forward to their contributions.”

In his current position, Mr. Heinrich serves as a key member of Clorox’s executive committee, working closely with that company’s board and its committees in establishing financial strategies and targets, reviewing financial and operating performance, ensuring appropriate corporate governance, working closely with the investment community and ensuring strong financial discipline and internal controls. From 2001 to 2003, he served as controller and chief accounting officer for Clorox. His prior experience includes senior-level financial positions with Transamerica Corp., Ford Motor Company’s Financial Services Group and Ernst & Young. A certified public accountant, Mr. Heinrich holds an MBA from St. Mary’s College and a bachelor’s degree from the University of California, Berkeley. Mr. Heinrich’s term on AMO’s board will expire at the 2010 Annual Stockholders Meeting. He will serve on the AMO board’s audit and finance committee.

Mr. Morfit currently serves on the boards of directors of MSD Performance, Inc. and Valeant Pharmaceuticals International, Inc. [NYSE: VRX], and he is a former director of Solexa, Inc. A chartered financial analyst, he holds a bachelor’s degree from Princeton University. Mr. Morfit’s term on AMO’s board will expire at the 2009 Annual Stockholders Meeting and he will serve on the board’s science and technology committee.


Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki