CryoPort Board Accepts Larry Stambaugh's Resignation

4/6/2012 2:01 PM ET

CryoPort Inc. (CYRX.OB) announced that its Board has accepted Larry Stambaugh's resignation as Chairman, Director and Chief Executive Officer, effective immediately.

CryoPort also announced the appointment of Director Stephen Wasserman as Chairman. The company's Board has formed an Office of the Chief Executive comprised of independent Directors to assume day-to-day management responsibilities of the company on an interim basis.

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by RTT Staff Writer

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