Conceptus (CPTS) Appoints D. K. Grossman as CEO

December 8, 2011 7:41 AM EST
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Conceptus, Inc. (Nasdaq: CPTS), reports D. Keith Grossman has been appointed President and Chief Executive Officer, effective immediately. Mr. Grossman succeeds Mark M. Sieczkarek who has resigned as the Company's President, Chief Executive Officer and as a member of the Board of Directors. Mr. Grossman has also been appointed to the Company's Board of Directors.

Grossman previously served as a Managing Director at TPG, one of the world's largest private equity firms, where he initiated and led the medical device venture investing effort, and also served as a Senior Advisor to the firm's buyout fund. During his time at TPG, Mr. Grossman led or participated in a broad range of investments, from early stage companies to large acquisitions.

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