A Medical Device Daily

Advanced Medical Optics (AMO; Santa Ana, California), a developer of ophthalmic surgical devices and eye care products, has named James Mazzo, its president and CEO, as chairman of its board. He was also previously a director.

Mazzo's appointment follows the decision by the company's former chairman, William Grant, to step down. Grant, the company's chairman since its spin-off from Allergan in June 2002, will remain an AMO director.

“During the past four years, AMO has proven its dedication to enhancing shareholder value through disciplined execution of a strategy to help the world achieve better vision,” said Grant. “Today, the company has a seasoned management team, a strong global organization and leading positions in its industry. I believe this is an ideal time for me to step aside and transition the chairmanship to Jim Mazzo. I am confident in his ability to guide the board and AMO to an even brighter future.”

Mazzo has served as AMO's president and CEO since June 2002. Under his leadership, the company has nearly doubled its annual revenue to about $1 billion and improved earnings through a series of strategic acquisitions.