VaxGen CFO succession
Executive Summary
VaxGen promotes Finance Senior Director Kevin Lee to chief financial officer after resignation of James Cunha. VaxGen is restating its financial statements for 2001 through 2003; the company has not yet filed its statements with the Securities & Exchange Commission for 2004, resulting in the company's delisting from the NASDAQ exchange. The company said Cunha's resignation was due to personal reasons and not related to the restatement process...