Pro-Dex, Inc. Announces Changes To Senior Management

Jan 13, 2015, 16:05 ET from Pro-Dex, Inc.

IRVINE, Calif., Jan. 13, 2015 /PRNewswire/ -- PRO-DEX, INC. (NasdaqCM: PDEX) announced that its Board of Directors voted to appoint Richard L. ("Rick") Van Kirk to the position of Chief Executive Officer effective January 12, 2015. He succeeds Harold A. ("Hal") Hurwitz, who had served as the Company's Chief Executive Officer since February 2013 and CFO since October 2010. In addition, Alisha Charlton has been appointed Chief Financial Officer, also effective January 12, 2015.

Mr. Van Kirk, 54, joined the company as Director of Manufacturing in 2006, and was subsequently promoted to Vice President of Operations and then Chief Operating Officer in April, 2013. Mr. Van Kirk previously served as Manufacturing Manager and Manager of Product Development for the ChargeSource division of Comarco, Inc. a provider of power and charging functionality for popular electronic devices and wireless accessories, and as General Manager at Dynacast, a leader in precision die casting.

Ms. Charlton, 45, joined the company in January 2014 as Senior Director of Finance. Prior to joining Pro-Dex, Ms. Charlton held various accounting positions at Comarco, Inc. from 2000 culminating in her appointment as Chief Accounting Officer in April 2011. Prior to her 13 year tenure at Comarco, Ms. Charlton held various accounting and finance positions with CKE Restaurants, Inc. from 1995 to 2000. Ms. Charlton began her career in 1991 with KPMG Peat Marwick (now KPMG LLP) and was formerly a certified public accountant. 

Nick Swenson, Chairman of the Company's Board of Directors, commented, "The board has confidence that Rick's leadership style will drive growth and profitability at Pro-Dex. Rick is an experienced leader and his knowledge of Pro-Dex gives him the know-how to rapidly move the business forward. The management team at Pro-Dex are veterans in their fields. They are motivated to return Pro-Dex to solid growth and profitability."

Mr. Swenson continued, "We thank Hal Hurwitz for his four years of service, including two as CEO. Hal's leadership brought stability to the company during a time of significant change and challenge.  His thoughtful leadership contributed importantly to our new product development processes, which we expect to bear fruit in coming quarters.  We wish Hal well in his future pursuits."

Mr. Van Kirk commented, "I am grateful and excited by the opportunity to lead the Pro-Dex organization, its dedicated management team and employees; I have been fortunate to work with them for nine years. Together, with the support of our Board, I am looking forward to launching our new products, integrating our acquisitions and driving profitable growth."

Mr. Van Kirk added, "We are also very pleased to have Alisha in the role of CFO. In her time here she has demonstrated an attention to detail, business savvy and commitment that will serve her well in the role of CFO."

About Pro-Dex, Inc.:

Pro-Dex, Inc., with operations in California and Oregon, specializes in the design, development and manufacture of powered rotary drive surgical and dental instruments used primarily in the orthopedic, spine, maxocranial facial and dental markets.  Its OMS division designs and manufactures embedded motion control systems serving the medical, factory automation, semi-conductor and scientific research markets. Pro-Dex's products are found in hospitals, dental offices, medical engineering labs, scientific research facilities and high tech manufacturing operations around the world.

Pro-Dex also provides quality and regulatory consulting services, as well as engineering consulting and placement services through its Engineering Services Division.  For more information, visit the Company's website at www.pro-dex.com.

Statements herein concerning the Company's plans, growth and strategies may include 'forward-looking statements' within the context of the federal securities laws. Statements regarding the Company's future events, developments and future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future, are forward-looking statements within the meaning of these laws. The Company's actual results may differ materially from those suggested as a result of various factors. Interested parties should refer to the disclosure concerning the operational and business concerns of the Company set forth in the Company's filings with the Securities and Exchange Commission.

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SOURCE Pro-Dex, Inc.



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