SonoSite, a specialist in bedside and point-of-care ultrasound, has announced that Marcus Smith will resign as senior vice president (SVP), chief financial officer (CFO) and treasurer, and will be leaving the company on 5 January 2012. Anil Amlani, current president and chief executive officer (CFO) of SonoSite’s VisualSonics subsidiary, has been appointed the new CFO of SonoSite, effective 2 January 2012.
Amlani joined the VisualSonics team in 2005. Prior to this, he was chief operating officer (COO) and CFO at MDS Proteomics, where he successfully restructured and refocused the organisation, obtaining new financing, adding new products and revenue, and achieving significant cost reductions. Previously, he was senior vice president and CFO at Cancom (Canadian Satellite Communications/Star Choice), where his accomplishments included raising more than $600 million in financing.
Other past experience includes head of finance, commercial and retail banking at TD Bank, and nearly 20 years in senior positions at AT&T Canada long distance services, serving as CFO, senior vice president of strategic planning and new business development and SVP of the wholesale division unit. Amlani obtained his chartered accountancy designation in London, England and in Canada.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.