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Abaxis management shuffle

This article was originally published in The Gray Sheet

Executive Summary

Firm names President and CEO Clint Severson as chairman of the board, replacing Abaxis co-founder Gary Stroy. Severson has been key to increasing revenue while reducing operational costs for the past seven quarters, the company says. Jim Canfield, former VP-marketing and sales at competitor Idexx Laboratories, joins Abaxis as VP-domestic marketing. Canfield replaces Vladimir Ostoich, who returns to his original position as VP-engineering. Chief Financial Officer and VP-finance Ting Lu is stepping down at the end of the month and will be replaced in the interim by Controller Reba Witwer. Other new appointments include Robert Milder as VP-operations; Larry Reynolds (VP-marketing and sales, Pacific Rim and Latin America) and Diane Oates (VP-regulatory affairs/quality systems)...

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