Wednesday, June 7, 2006

Spectranetics director hangs it up

Cornelius C. Bond Jr., the second-longest serving member of Spectranetics Corp.'s board of directors, retired Tuesday as a director after the company's annual stockholder meeting and subsequent board meeting.

Bond, 72, joined the Spectranetics board after the company's 1994 merger with Advanced Interventional Systems, where he had served as a director since 1986. He also was general partner of New Enterprise Associates, a venture capital firm that invested in Advanced Internventional Systems before the Spectranetics merger. Only Spectranetics Chairman Emile Geisenheimer has served on the board longer.

Spectranetics said Wednesday that directors voted not to replace Bond, leaving the company with seven board members. More on Bond

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