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Precipio Inc. Announces the Resignation of its Chief Financial Officer and Appointment of Interim CFO

NEW HAVEN, Conn., March 21, 2022 (GLOBE NEWSWIRE) -- Specialty cancer diagnostics company Precipio, Inc. (NASDAQ: PRPO), today announced that Mr. Carl

articlePrecipio, Inc.March 21, 20223/company/precipio-inc/news/precipio-inc-announces-the-resignation-of-its-chief-financial-officer-and-appointment-of-interim-cfo
Precipio Inc. Announces the Resignation of its Chief Financial Officer and Appointment of Interim CFO

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[{"type":"text","content":"NEW HAVEN, Conn., March 21, 2022 (GLOBE NEWSWIRE) -- Specialty cancer diagnostics company Precipio, Inc. (NASDAQ: PRPO), today announced that Mr. Carl Iberger, Precipio’s CFO for the past five years, is resigning as the Chief Financial Officer effective as of today, March 21st, 2022. Mr. Iberger wishes to spend more time with his family and therefore has made the decision to step down from his role as CFO. Matt Gage, who currently serves as Director of Financial Reporting and Analysis has been promoted to Interim Chief Financial Officer of the Company effective immediately. Mr. Gage joined Precipio following its acquisition of Transgenomic in July of 2017. He has worked closely with Mr. Iberger, and managed the Company’s accounting functions as well as the public filings. Matt brings with him over 30 years of experience in company finance, 25 of them within publicly traded companies. His experience and knowledge of the company’s business, finances, and internal controls and procedures makes him the ideal candidate for this role. Precipio and its board of directors welcome Mr. Gage to his new role and will support him during the transition and going forward. “It has been an incredible 6 years and I truly am proud to have been part of such an amazing team of people. It was an honor to work closely with Ilan and the Board, and I have no doubt that Matt will do exceptionally well as the Interim CFO. At the age of 69, I am looking forward to the next chapter of my life as I spend more time with my family,” stated Carl Iberger, former CFO of Precipio. “We are so pleased to have Matt take over as Interim CFO. His knowledge of the processes and procedures will allow him to transition into his new role well,” stated Ilan Danieli, Precipio’s CEO. Danieli continues “Carl has been a pillar of stability, guidance, and support to the Company, and to me personally, and has enabled me the privilege of focusing on growing the business, knowing that the Company’s financial matters are in his extremely capable hands. His managerial, organizational and interpersonal skills are outstanding; he has been a mentor to me, and a friend. Carl’s impact on our company and our people has been invaluable over these years. His departure is a bittersweet moment for us all.” About Precipio Precipio has built a platform designed to eradicate the problem of misdia...

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