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  • Effective Nov. 1, Geisenheimer will relinquish his top executive spot, though he will continue serving the company on its board of directors.

  • Geisenheimer said he believes the Colorado Springs-based company is "well positioned" to continue growing and developing its vascular intervention and lead management businesses.

  • Spectranetics Corp. also paid two CEOs last year - Emile Geisenheimer replaced John Schulte in October, a month after investigators from two federal agencies executed search warrants as part of a probe into the marketing of the company's lasers and parts used in them. :

  • Rationale: Schulte received no bonus or stock options before his resignation; Geisenheimer received options on Nov. 21 to buy 800,000 shares of stock during the next three years, but they are not included in his 2008 compensation because they cannot be exercised unless they are approved by stockholders at the June 10 meeting. :

  • $536,658 Geisenheimer and Schulte together made last year was still down 11 percent from the :

  • Tim Geisenheimer joins the show today along with our favorite former intern, Mark Licea.

    Original Signal - Transmitting Gadgets

  • "We appreciate John Schulte's contributions in helping our technology gain acceptance" in treating patients with blocked leg arteries and infected pacemaker leads, Geisenheimer said. :

  • Geisenheimer served as acting president and chief executive of the company from May 2002 until Schulte assumed those posts in January 2003. :

  • Emile Geisenheimer, 61, a Spectranetics director since 1990 and chairman since 1996, replaces John Schulte, who resigned Tuesday as president, chief executive and a director of the Colorado Springs-based medical laser manufacturer. :

  • Geisenheimer added that "as we continue to cooperate fully with the appropriate regulatory authorities, we are committed to ensuring the highest standards of business ethics and regulatory compliance at Spectranetics both now and into the future." :


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