Tivic Health Appoints Lisa Wolf as Interim Chief Financial Officer
September 13 2024 - 5:29PM
Business Wire
Kimberly Bambach, Ms. Wolf’s predecessor,
continues with Tivic as advisor focused on strategic transactions
and special projects
Tivic Health® Systems, Inc. (“Tivic Health”, Nasdaq: TIVC), a
health tech company that develops and commercializes bioelectronic
medicine, is pleased to announce the appointment of Lisa Wolf as
Interim Chief Financial Officer (CFO) of the company, effective
October 1, 2024. Ms. Wolf will take over from Kimberly Bambach, who
has served as the company’s interim CFO since April 2023. Ms.
Bambach will continue with Tivic in an advisory role for strategic
transactions and other special projects.
“Lisa has served as a senior member of Tivic’s finance team for
over two years, and I am delighted to have her taking on an even
more pivotal role. I look forward to working with her to lead the
company into our next phase of growth in bioelectronic
therapeutics,” said Jennifer Ernst, CEO of Tivic.
Ms. Wolf brings 30 years of financial leadership experience in
public and private companies, spanning multiple industries. She has
built a deep understanding of Tivic’s financial landscape during
her tenure serving the company and has a history of significant
contributions, including streamlining the company’s financial
operations. Ms. Wolf also currently serves as Vice President of
Murdock Martell and has previously held positions at Resonant, Inc.
and Arthur Andersen.
Ms. Bambach, Ms. Wolf’s predecessor, will continue to play an
active role with the company as an advisor, focusing on strategic
transactions and other special projects. Her continued involvement
will ensure a seamless transition and provide Tivic continued
access to her unique expertise in transactions and
integrations.
Ms. Ernst continued, “I am also deeply grateful for Kimberly
Bambach’s contributions over the past 18 months as we restructured
the company to better address current and future market
opportunities. I am very pleased she will continue with us in this
advisory capacity.”
About Tivic Health
Tivic Health is a commercial health tech company advancing the
field of bioelectronic medicine. Tivic Health’s technology
platforms leverage stimulation of the trigeminal, sympathetic, and
vagus nerve structures. Tivic Health’s non-invasive and targeted
approach to the treatment of inflammatory chronic health conditions
gives consumers and providers drug-free therapeutic solutions with
high safety profiles, low risk, and broad applications. Tivic
Health’s first commercial product ClearUP is an FDA approved,
award-winning, handheld bioelectronic sinus device. ClearUP is
clinically proven, doctor-recommended, and is available through
online retailers and commercial distributors. For more information
visit http://tivichealth.com @TivicHealth
Forward-Looking Statements
This press release may contain “forward-looking statements” that
are subject to substantial risks and uncertainties. All statements,
other than statements of historical fact, contained in this press
release are forward-looking statements. Forward-looking statements
contained in this press release may be identified by the use of
words such as “anticipate,” “believe,” “contemplate,” “could,”
“estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,”
“potential,” “predict,” “project,” “target,” “aim,” “should,”
“will” “would,” or the negative of these words or other similar
expressions, although not all forward-looking statements contain
these words. Forward-looking statements are based on Tivic Health
Systems, Inc.’s current expectations and are subject to inherent
uncertainties, risks, and assumptions that are difficult to
predict. Further, certain forward-looking statements are based on
assumptions as to future events that may not prove to be accurate,
including as a result of changes to the company’s business
strategy, consummation of any strategic transactions, and the
company’s need for, and ability to secure when needed, additional
working capital. Actual results could differ materially from those
contained in any forward-looking statement as a result of various
factors. Accordingly, you are cautioned not to place undue reliance
on such forward-looking statements. For a discussion of risks and
uncertainties relevant to the company, and other important factors,
see Tivic Health’s filings with the SEC, including its Annual
Report on Form 10-K for the year ended December 31, 2023, filed
with the SEC on March 29, 2024, under the heading “Risk Factors”;
as well as the company’s subsequent filings with the SEC.
Forward-looking statements contained in this press release are made
as of this date, and Tivic Health Systems, Inc. undertakes no duty
to update such information except as required by applicable
law.
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version on businesswire.com: https://www.businesswire.com/news/home/20240913113974/en/
Media Contact: Morgan Luke Morgan.Luke@tivichealth.com
Investor Contact: Hanover International, Inc.
ir@tivichealth.com
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