Here are five key points:
1. In his new role, Mr. Black will oversee the finance, investor relations and accounting organizations, creating the optimal capital structure.
2. Equipped with more than 25 years of financial and operations management experience, Mr. Black has worked for six publicly traded companies.
3. Mr. Black most recently worked as CFO of Los Angeles-based Applied Proteomics, a company developing non-invasive diagnostics with a proteomics-based platform.
4. He is a certified public accountant.
5. Alphatec offered these inducement awards to Mr. Black: 75,000 restricted stock units as well as the option to purchase 75,000 shares of common stock.
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