People: Vermillion Inc (VRML.W)
VRML.W on CBOE When Trading NASDAQ Global Select Market
2.70USD
17 May 2013
2.70USD
17 May 2013
Price Change (% chg)
$0.09 (+3.45%)
$0.09 (+3.45%)
Prev Close
$2.61
$2.61
Open
$2.63
$2.63
Day's High
$2.70
$2.70
Day's Low
$2.63
$2.63
Volume
400
400
Avg. Vol
71
71
52-wk High
$2.70
$2.70
52-wk Low
$1.09
$1.09
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Bruce Huebner |
62 | 2013 | Chairman of the Board |
Thomas McLain |
55 | 2013 | President, Chief Executive Officer |
Eric Schoen |
44 | 2011 | Chief Accounting Officer |
William Creech |
60 | 2010 | Vice President - Sales and Marketing |
Donald Munroe |
55 | 2011 | Vice President - Research & Development, Chief Scientific Officer |
James Burns |
66 | 2013 | Director |
John Hamilton |
67 | 2008 | Independent Director |
Peter Roddy |
53 | 2010 | Independent Director |
Carl Severinghaus |
60 | 2010 | Independent Director |
William Wallen |
69 | 2010 | Independent Director |
Ron Both |
IR Contact Officer |
Biographies
| Name | Description |
|---|---|
Bruce Huebner |
Mr. Bruce A. Huebner has been appointed as Chairman of the Board of Vermillion Inc. He is no longer Interim President and Chief Executive Officer effective March 18, 2013. Mr. Huebner served as a managing director for LynxCom Partners, LLC, a healthcare consulting firm, from July 2010 through November 2012 and from July 2008 through September 2009. From October 2009 to June 2010, Mr. Huebner served as President and Chief Executive Officer of TrovaGene, Inc., a developer of molecular diagnostics products based on the detection of transrenal genetic markers. From May 2005 to July 2008, Mr. Huebner served as President of Osmetech Molecular Diagnostics, where he established Osmetech as a fully integrated business, obtaining FDA clearance for four molecular diagnostic microarray products and introducing them to the marketplace. From 2002 to 2004, Mr. Huebner was President and Chief Operating Officer of Nanogen, Inc., a publicly held nanotechnology/microarray company. From 1996 to 2002, Mr. Huebner was Executive Vice President and Chief Operating Officer of Gen-Probe, Inc. which today is one of the world leaders in the development of nucleic acid tests, including a focus on diagnostic tests for infectious disease that affect women’s health. Mr. Huebner’s other experience includes Vice President of Marketing and Sales at Quidel, Director of Marketing for the U.S. and Director of Marketing and Market Development in Europe for Hybritech, Inc., and various sales and marketing positions at Roche Diagnostics. He currently serves as a director on the board of directors of Pasadena Bioscience Collaborative and Corgenix Medical Corporation. Mr. Huebner received his Bachelor of Science degree in Chemistry from the University of Wisconsin-La Crosse and completed a graduate school senior executive program at Columbia University. |
Thomas McLain |
Mr. Thomas H. McLain has been appointed as the President, Chief Executive Officer of Vermillion, Inc., effective as of March 18, 2013. He most recently served as Chief Executive Officer and Chief Financial Officer of Claro Scientific, LLC, an early-stage diagnostic company. Before Claro, from 1998 to 2007 he held various senior management positions at Nabi Biopharmaceuticals (now Biota Pharmaceuticals, Inc.), a biotechnology company addressing immune system conditions. Prior to Nabi, McLain held several senior management positions of increasing responsibility over 10 years at Bausch & Lomb Incorporated, a global eye care company. McLain also previously served Eastman Chemical Company as a member of its board of directors, the audit and finance committees, and as chairman of the health, safety, environment and security committee. McLain previously served as a member of the board of the biotechnology industry association (BIO), as well as several community and business development boards. Earlier in his career, McLain served as Audit Manager at Ernst & Young, LLP. He holds an MBA in Accounting and Information Systems from the University of Rochester, Simon Graduate School of Business and a BA in economics from the College of the Holy Cross. |
Eric Schoen |
Mr. Eric J. Schoen is Chief Accounting Officer of Vermillion, Inc. Mr. Schoen joined the Company in July 2010 as Corporate Controller. Prior to joining the Company, Mr. Schoen served as Revenue Controller for Borland Software from 2007 to 2010. From 2000 to 2007, he served in Corporate Controller and Director of Finance roles for Trilogy Enterprises, Momentum Software and Alticast, Inc. Mr. Schoen also spent nine years with PricewaterhouseCoopers, most recently as a Manager in the audit and assurance, transaction services and global capital markets practices. Mr. Schoen received his Bachelor of Science in Finance from Santa Clara University. |
William Creech |
Mr. William Creech is Vice President - Sales and Marketing of Vermillion Inc. Prior to joining the Company, Mr. Creech served as Principal of WBC Consulting, where he provided strategic and tactical consulting services to clients in the medical devices and diagnostics industry from 2008 until March 2010. Mr. Creech has over 30 years of experience in the diagnostics industry, serving as Vice President of Sales and Marketing at Capitol Vial, Inc. from 2005-2008 where he was responsible for creating a sales organization and initiating a scalable pricing program that increased gross margin 500 basis points. He also launched a key new product, “Snappies”™, increasing volume 400% year over year while increasing pricing by 30%. Mr Creech was Vice President of Corporate Accounts at Apogent Technologies from 1998-2005 where he negotiated multi subsidiary contracts with key customers such as Quest Diagnostics and IDEXX. Prior to that, Mr. Creech was Director of Corporate Accounts at Ciba Corning/Chiron Diagnostics from 1995 to 1998. At Abbott Diagnostics, he served in various sales, sales training and sales management and corporate roles for 14 years from 1981 to 1995, receiving awards such as Presidents Club for 4 straight years and was sales representative of the year for the Diagnostics Division. Mr. Creech served as an Armor officer in the United States Army from 1975 to 1981 and graduated with a B.S. from Florida Southern College. |
Donald Munroe |
Dr. Donald G. Munroe, Ph.D., is Vice President - Research & Development, Chief Scientific Officer of Vermillion, Inc. Dr. Munroe has experience in the diagnostic industry, and has been a key member of upper management in a number of prominent diagnostic and life science companies. He served as Vice President, Immunoassay Research and Development from 2009 to 2011 at Beckman Coulter, a preeminent manufacturer of automated diagnostic tests and biomedical instruments. In this role, Dr. Munroe was responsible for launching key Immunoassay menu additions and re-standardizing existing assays. He also initiated manufacturing science investigations and product improvement projects. Previously, Dr. Munroe worked at Invitrogen Corporation in several roles including Vice President, Research and Development (Transplant Diagnostics) from 2006 to 2008, Vice President, Global Program and Portfolio Management (Corporate) from 2004 to 2005, and Director, Research and Development (GIBCO™) from 2002 to 2003. Dr. Munroe was Director of Technology Commercialization with Corning (Microarray Technologies) from 2000 to 2002, and has 10 years of pharmaceutical discovery research experience at R.W. Johnson Pharmaceutical Research Institute (1990 to 1995) and Allelix Biopharmaceuticals (1996 to 2000). Dr. Munroe received his Bachelor of Science in Biology from the University of Guelph, Master of Science in Medical Sciences at McMaster University and Ph.D. in Medical Biophysics at University of Toronto. Dr. Munroe has served as a member of the Scientific Advisory Board of Minneapolis Community & Technical College and is a member of the American Association for Clinical Chemistry and the American Association for the Advancement of Science. Dr. Munroe is an inventor in seven granted U.S. patents, and has authored peer-reviewed publications on the molecular basis of cancer, gastrointestinal disorders, inflammation and other topics. |
James Burns |
Mr. James S. Burns is Director of Vermillion Inc. He resigned as Independent Chairman of the Board of the company effective March 18, 2013. Mr. Burns is currently President, Chief Executive Officer and director of AssureRx, Health, Inc., a personalized medicine company which specializes in pharmacogenetics for neuropsychiatric disorders. Prior to joining AssureRx, Health, Inc., Mr. Burns was the President and Chief Executive Officer of EntreMed, Inc. from June 2004 to December 2008, and a director from September 2004 to December 2008. Mr. Burns was a co-founder and, from 2001 to 2003, served as President and as Executive Vice President of MedPointe, Inc., a specialty pharmaceutical company that develops, markets and sells branded prescription pharmaceuticals. From 2000 to 2001, Mr. Burns served as a founder and Managing Director of MedPointe Capital Partners, a private equity firm that led a leveraged buyout to form MedPointe Pharmaceuticals. Previously, Mr. Burns was a founder, Chairman, President and Chief Executive Officer of Osiris Therapeutics, Inc., a biotech company developing therapeutic stem cell products for the regeneration of damaged or diseased tissue. Mr. Burns has also been Vice Chairman of HealthCare Investment Corporation and a founding General Partner of Healthcare Ventures L.P., a venture capital partnership specializing in forming companies building around new pharmaceutical and biotechnology products; Group President at Becton Dickinson and Company, a multidivisional biomedical products company; and Vice President and Partner at Booz & Company, Inc., a multinational consulting firm. Mr. Burns is a director of Symmetry Medical Inc. (NYSE: SMA), a supplier of products and services to orthopedic and other medical device companies, and a director of the International BioResources Group and the American Type Culture Collection (ATCC). Mr. Burns received his B.S. and M.S. in Biological Sciences from the University of Illinois, and M.B.A. from DePaul University. |
John Hamilton |
Mr. John F. Hamilton will no longer serve as Independent Director of Vermillion Inc., effective March 21, 2013. From 1997 until his retirement in 2007, Mr. Hamilton served as Vice President and Chief Financial Officer of Depomed, Inc., a specialty pharmaceutical company focused on enhancing pharmaceutical products. Mr. Hamilton began his career in international banking with The Philadelphia National Bank and Crocker National Bank, and went on to hold senior financial positions at several bio-pharmaceutical companies including Glyko, Inc., which is now BioMarin Pharmaceuticals, and Chiron Corporation. Mr. Hamilton sits on the regional Board of Directors of the Association of Bioscience Financial Officers, and is past-president of the Treasurers Club of San Francisco. Mr. Hamilton received his M.B.A. from the University of Chicago and B.A. in International Relations from the University of Pennsylvania. |
Peter Roddy |
Mr. Peter S. Roddy is Independent Director of Vermillion Inc. Mr. Roddy has served as Vice President and Chief Financial Officer of Pain Therapeutics, Inc. since July 2004, and as its Chief Financial Officer since November 2002. From 1990 to 2002, Mr. Roddy held a variety of senior management positions at COR Therapeutics, Inc. (now part of Takeda Pharmaceutical Company Limited), a biopharmaceutical company, including Senior Vice President, Finance and Chief Financial Officer between 2000 and 2002. Prior to 1990, Mr. Roddy held a variety of positions at Price Waterhouse & Company, Hewlett Packard Company and MCM Laboratories, Inc. Mr. Roddy received his B.S. in Business Administration from the University of California, Berkeley. |
Carl Severinghaus |
Mr. Carl Severinghaus is Independent Director of Vermillion Inc. Since January 1,2011, Mr. Severinghaus is Vice President, Head Global Sales OEM Components of the Tecan Group. Previously from 2009 until 2011 he was President of Tecan Americas, responsible for Sales and Commercial Operations for the Americas Region, including US, Canada, Central and South America. From 2007 until 2009, he lived in Zurich and was Senior Vice President for International Sales, responsible for Worldwide Sales and Operations. From 1999 to 2007 Mr. Severinghaus was President and General Manager of Tecan US. Prior to becoming President and General Manager, he was Vice President of Sales from 1991 to 1998. Before he joined Tecan he was National Sales Manager for American Monitor Corporation. Mr. Severinghaus received his Bachelor of Fine Arts Degree from Drake University in 1974. Mr Severinghaus is or has been a member of the Analytical & Life Science System Association, Society for Laboratory Automation and Screening (SLAS) and also the American Association of Clinical Chemistry (AACC). |
William Wallen |
Dr. William C. Wallen, Ph.D., is Independent Director of Vermillion Inc. He served on Scientific Advisory Board from April 2006 until February 2010 when he joined the Board of Directors. Dr. Wallen served as the Senior Vice President and Chief Scientific Officer of IDEXX Laboratories, Inc. beginning September 2003, and retired from IDEXX on March 3, 2010. Dr. Wallen led IDEXX’s pharmaceutical products business from September 2003 until IDEXX sold certain product lines and restructured that business in 2008. Prior to joining IDEXX, Dr. Wallen held various positions with Bayer Corporation, most recently as Senior Vice President, Research and Development, and Head, Office of Technology for the Diagnostics Division of Bayer Healthcare. From 2001 to 2003, Dr. Wallen served as Senior Vice President and Head of Research, Nucleic Acid Diagnostics Segment; from 1999 to 2001, as Senior Vice President of Research and Development Laboratory Testing Segment; and from 1993 to 1999, as Vice President of Research and Development, Immunodiagnostic and Clinical Chemistry Business Units. Before joining Bayer Corporation, from 1990 to 1993, Dr. Wallen was Vice President, Research and Development at Becton Dickinson Advanced Diagnostics. Dr. Wallen is a member of the American Association of Clinical Chemistry, the American Society for Microbiology, American Association for Cancer Research, The Leukemia Society of America, and the New York Academy of Science. Dr. Wallen has authored or co-authored 55 scientific papers and articles covering topics in immunology, virology, oncology and detection methodologies. Dr. Wallen received his B.S. in Zoology and M.S. in Microbiology from Michigan State University, and Ph.D. in Molecular Biology from University of Arizona College of Medicine. |
Ron Both |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Bruce Huebner |
-- |
Thomas McLain |
-- |
Eric Schoen |
-- |
William Creech |
327,027 |
Donald Munroe |
-- |
James Burns |
-- |
John Hamilton |
-- |
Peter Roddy |
-- |
Carl Severinghaus |
-- |
William Wallen |
-- |
Ron Both |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Bruce Huebner |
0 | 0 |
Thomas McLain |
0 | 0 |
Eric Schoen |
0 | 0 |
William Creech |
0 | 0 |
Donald Munroe |
0 | 0 |
James Burns |
0 | 0 |
John Hamilton |
0 | 0 |
Peter Roddy |
0 | 0 |
Carl Severinghaus |
0 | 0 |
William Wallen |
0 | 0 |
Ron Both |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
HAMILTON JOHN F |
11,500 | $0.00 |
HAMILTON JOHN F |
15,000 | $0.00 |
WALLEN WILLIAM C |
38,000 | $0.00 |
RODDY PETER STUART |
36,000 | $0.00 |
HAMILTON JOHN F |
15,000 | $0.00 |
SEVERINGHAUS CARL |
39,500 | $0.00 |
HUEBNER BRUCE A |
34,000 | $0.00 |
BURNS JAMES S |
35,000 | $0.00 |
CREECH WILLIAM B |
200 | $1.74 |
CREECH WILLIAM B |
2,800 | $1.75 |
HUEBNER BRUCE A |
26,580 | $1.77 |
HUEBNER BRUCE A |
4,352 | $1.26 |
SCHOEN ERIC |
9,525 | $1.17 |
SCHOEN ERIC |
10,000 | $1.19 |
CREECH WILLIAM B |
957 | $1.98 |
CREECH WILLIAM B |
767 | $2.81 |
HUEBNER BRUCE A |
9,495 | $0.00 |
KOHLI ASHISH |
200 | $2.99 |
KOHLI ASHISH |
1,800 | $3.01 |
CREECH WILLIAM B |
717 | $2.81 |
CREECH WILLIAM B |
1,000 | $2.75 |
CREECH WILLIAM B |
500 | $4.16 |
CREECH WILLIAM B |
489 | $4.04 |
FUNG ERIC T |
1,000 | $4.72 |
SEVERINGHAUS CARL |
4,000 | $4.98 |

