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Stock Market & Financial Investment News

News Breaks
July 2, 2014
17:43 EDTECTEEcho Therapeutics appoints Kimberly Burke as interim CEO
Echo Therapeutics disclosed in a regulatory filing, that on June 30, the Board of Directors of Echo Therapeutics appointed Kimberly A. Burke to serve as Interim CEO of Echo, effective July 1 and continuing for the sixty-day period expiring on August 30 or, if earlier, such date as a candidate is identified and appointed by the Board to serve as Echo’s CEO. Ms. Burke will also serve as Echo’s principal executive officer. The Board is currently working with a retained executive search firm to identify qualified candidates to serve as Echo’s CEO. In addition to serving as Interim CEO, Ms. Burke will also continue to serve as the General Counsel and Chief Compliance Officer of Echo. Effective at midnight on June 30, Robert F. Doman’s consulting contract with Echo expired in accordance with its terms and, accordingly, he no longer serves as the Interim CEO of Echo .On July 1, Christopher P. Schnittker resigned as SVP and CFO of Echo to accept another opportunity. Mr. Schnittker’s resignation is effective as of July 15. Echo has initiated a search for a new CFO.
News For ECTE From The Last 14 Days
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October 2, 2014
07:54 EDTECTEEcho comments on unauthorized public statements by Michael, Shepard Goldberg
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September 29, 2014
15:52 EDTECTEEcho Therapeutics holder calls for special meeting, seeks board member removal
Platinum Management, the largest stockholder of Echo Therapeutics, together with its affiliates owning approximately 30% of Echo's outstanding common stock on a fully converted basis, announced that it intends to file the documents required to demand a special meeting of stockholders of Echo to remove, for cause, directors William Grieco, Vincent Enright and James Smith. Platinum is not seeking control of the board.
September 24, 2014
17:34 EDTECTEEcho cut 70% of workforce, may see added cost from job cuts, bankruptcy possible
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09:28 EDTECTEPlatinum Management say financing deal for Echo Therapeutics negotiated
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September 23, 2014
19:34 EDTECTEEcho Therapeutics down 47% after hours following suspension of operations
18:42 EDTECTEEcho Therapeutics suspends operations to conserve liquidity
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September 21, 2014
13:26 EDTECTEEcho Therapeutics to host business news update conference call
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September 18, 2014
14:57 EDTECTEEcho Therapeutics Chief Compliance Officer Kimberly Burke to resign
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12:44 EDTECTEEcho Therapeutics trading halted, pending news
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