Avner Raz Resigns as Lumenis Director

Laser medical equipment firm Lumenis announced that company President and CEO Avner Raz had resigned from its board of directors. "Under Israeli law, all actions regarding directors, including routine compensation matters, must be submitted for approval by shareholders," the statement read. "In light of the forgoing and as the company is not convening shareholder meetings pending the completion of audited financial statements for distribution to shareholders, Mr. Raz has decided to step down as a director."

Ha'aretz (http://www.haaretzdaily.com/hasen/spages/541868.html)