CAREVIEW COMMUNICATIONS, INC. (OTCMKTS:CRVW) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As CareView Communications, Inc. (the “Company”) previously reported in its Form 8-K filed with the Securities and Exchange Commission on January4, 2018, the Company accepted the resignation of Jon E. Freeman as its Chief Financial Officer, Secretary and Treasurer effective December31, 2017.
The Company is actively pursuing a qualified candidate to serve as Chief Financial Officer, Treasurer and Secretary. Effective January24, 2018, Steven G. Johnson, the Company’s President and Chief Executive Officer, was appointed to serve as the Company’s Secretary and Treasurer as well until those positions are filled.
In addition, effective January24, 2018, Jason T. Thompson, one of the Company’s directors and the chairman of the Audit Committee, was appointed serve as the Company’s Principal Financial Officer and Chief Accounting Officer as well until those positions are filled.
Mr.Thompson, 43, was elected as a director of the Company effective as of January 1, 2014. Mr. Thompson is a partner and a member of the transactional group of Michael Best & Friedrich LLP where he focuses on mergers and acquisitions and general corporate matters, having joined Michael Best in September 2006. Mr. Thompson assists his clients with negotiating and structuring many types of transactions and agreements, including those related to corporate reorganizations, buyout transactions and venture capital investment transactions. In addition, he is President of Thompson Family Holdings, LLC, which invests in, and consults for, a number of healthcare companies, having joined Thompson Holdings in 2010. From 1999 to 2004, Mr. Thompson served as Vice President of Development and Planning for Bulk Petroleum Corporation, where he oversaw sales, operations, client maintenance, scheduling accounting and workforce management for its construction projects. Prior to joining Bulk Petroleum, Mr. Thompson was a senior auditor with Arthur Andersen. He is a certified public accountant. Mr. Thompson received a BBA in Accounting from the University of Wisconsin – Madison in 1996, and in 2006 received his JD from the University of Wisconsin, where he was a member of the Wisconsin Law Review.
There is no family relationship between Mr. Thompson and any of the Company’s executive officers or directors. There is no arrangement or understanding between Mr. Thompson and any other person to which he was selected as a director or officer. Mr. Thompson receives compensation for his service as a director, but he will not receive additional compensation for his service as Principal Financial Officer and Chief Accounting Officer.
About CAREVIEW COMMUNICATIONS, INC. (OTCMKTS:CRVW)
CareView Communications, Inc. is a developer of a suite of products and hardware to help connect patients, families and healthcare providers through a data and patient monitoring system (the CareView System). The Company’s CareView System runs on each hospital’s coaxial cable television network that provides television signals to patient room. Its CareView System suite of video monitoring, guest services and related applications connect patients, families and healthcare providers. The CareView System offers service packages, such as primary package, which includes NurseView, PhysicianView, Virtual Bed Rails, Virtual Chair Rails, Fall Management Program, Rounding and SecureView; additional Careview products, which include Sitter Management Program, BedView, Patient Education, FacilityView, Nurse Alerts and Reminders, Ulcer Management, CareView Connect, NICUVie and The CareView Broadcast System, and guest services package, which includes PatientView, NetView, MovieView and BabyView.