Promotion Fills CFO Spot at Vicor Technologies The new year is barely three months old, but it a

Promotion Fills CFO Spot at Vicor Technologies

The new year is barely three months old, but it already has been good to Thomas J. Bohannon. The chief accounting officer at Vicor Technologies Inc. has been promoted to chief financial officer.

Bohannon succeeds David H. Fater, Vicor’s CEO who also served as CFO since joining the Boca Raton, Fla.-based biotechnology firm in 2002. Bohannon’s appointment will not affect Fater’s roles as CEO and board chairman.

In his new position, Bohannon will work with Fater, Vicor board members and investment bankers in structuring and managing the company’s capital funding requirements. He also will continue to perform the duties of chief accounting officer, a position he has held since December 2008.

“Tom has been a tremendous benefit to Vicor during its evolution from a development-stage company to a revenue-generating public entity. We are fortunate to have him continuing with the company as CFO and confident that his extensive experience and diligence will continue to be a valuable asset to Vicor as we continue our transition to a commercial enterprise,” Fater said.

Bohannon has more than 40 years of experience as an accountant and financial officer. Before joining Vicor in 2002, he was an independent consultant, serving as the financial officer for various companies in the southeastern United States. For 10 years he was a senior manager at Ernst & Young’s Atlanta, Ga., office, where he specialized in financial and SEC reporting.

Bohannon has a master’s degree in business administration (with a concentration in accounting) as well as a Bachelor of Science degree in economics from Auburn University in Auburn, Ala. He is a certified public accountant licensed in Georgia.

Vicor develops non-invasive medical devices using its PD21 nonlinear algorithm and software.