Obalon Appoints Bob MacDonald as Chief Retail Officer
“Bob’s outstanding experience in developing a successful national chain of aesthetic retail medical clinics for
“I am delighted to join the Obalon team, and to begin pursuing the strong consumer interest in the Obalon Balloon System, to more efficiently convert patient interest into actively treated patients,” said Mr. MacDonald. “The Company’s initiative on the retail medicine segment is an exciting proposition, and I am looking forward to executing on our mission to help obese individuals lose weight, look great, feel great and improve their overall health with our novel
With over 25 years of corporate development and management experience, Mr. MacDonald has been helping retailers and consumer services companies develop and execute strategies to acquire new customers, expand into new markets, and drive profitable growth. In his most recent role, Mr. MacDonald was VP of Growth for
As part of the transition to a revised, more focused commercial strategy, Obalon continues to improve the efficiency of its operations and reduce operating expenses. The Company has offered voluntary separation packages to approximately 15 employees, including several senior executives. No assurances can be given that all employees offered these packages will accept.
To the extent that statements contained in this press release are not descriptions of historical facts regarding
President and Chief Financial Officer
Office: +1 760 607 5103
Source: Obalon Therapeutics, Inc.