The board of directors at Milestone Scientific has appointed former chief executive officer Leonard Osser as its interim CEO, effective immediately. Osser replaces Leslie Bernhard, who will remain chair of the board. Milestone produces the Wand computer-assisted system for delivering single-tooth anesthesia.
“As founder of the company, Leonard Osser has been instrumental in both the growth and strategic vision for the company. While we are continuing our search for a new CEO, this process has been slower than expected because the company has been focused on several ongoing strategic initiatives that Leonard is spearheading,” said Bernhard.
“For this reason, he has graciously agreed to resume the role as CEO pending completion of these major projects and selection of a new long-term CEO. We greatly appreciate his support and believe his continued involvement both at the executive and board level will be invaluable to our long-term success,” Bernhard said.
“I am more excited than ever about the long-term outlook for Milestone given the recent FDA approval of our epidural instrument on the heels of our successful clinical trial, the planned launch of our cosmetic instrument, and the success of our distribution partnership with Henry Schein for the dental instrument,” Bernhard said.
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