GeoPharma CFO resigns


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  • | 4:43 p.m. November 16, 2010
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Carole Dore-Falcone resigned as chief financial officer of GeoPharma last week, a regulatory filing shows. Dore-Falcone is also ending her service as a senior vice president, and as a member of the board of directors.

GeoPharma made drastic changes in early August, selling assets and restructuring debt in a complicated series of moves. And on Aug. 9, President Kotha Sekharam resigned.

In 2009, GeoPharma lost $26 million in net income, with $22 million in revenues earned.

 

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