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Cutera to hold meeting on board member removals, amid CEO succession drama

Clyde Edgerton by Clyde Edgerton
April 13, 2023
in Markets
Cutera to hold meeting on board member removals, amid CEO succession drama
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Cutera Inc. CUTR, a maker of devices used for skincare and body-sculpting, on Thursday said it would hold a special shareholder meeting on June 9 to weigh whether to remove five directors — the latest in the drama over the company’s CEO succession plans. The proposals on those removals, following concerns the directors were acting too slowly on those plans, were offered by two higher-ups that the company fired on Wednesday — executive chair Daniel Plants and chief executive David Mowry. Their dismissals came amid allegations from Cutera’s management that the two waged “an apparent campaign to seize control of the Company,”…



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