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Accuray Names Chief Financial Officer

Medical radiation equipment maker named Derek Bertocci chief financial officer, filling the position left open when Robert E. McNamara resigned in September.

SUNNYVALE, Calif. (AP) -- Medical radiation equipment maker Accuray Inc. said Thursday it named Derek Bertocci chief financial officer, filling the position left open when Robert E. McNamara resigned in September.

Holly Grey, Accuray's senior vice president of finance, has been working as interim chief financial officer.

Bertocci has served as the chief financial officer of San Mateo, Calif.-based BioForm Medical Inc. since October of 2006. He will start at Accuray on Jan. 1.

In a filing with the Securities and Exchange Commission, BioForm said its CEO, Steven L. Basta, will handle the chief financial officer responsibilities until a replacement can be found. Bertocci's resignation does not trigger any severance payments, the company added.

Shares of Accuray fell 1 cent to $4.46 and shares of BioForm lost 4 cents to 93 cents in morning trading.