February 25, 2010 (FinancialWire) — Richard Falcone has been named as Aquamer Medical Corp.’s (OTCBB: AQUM) president and chief executive officer, as well as a member of its board of directors. Falcone will replace current CEO Marshall Sterman as part of a wider corporate restructuring. Sterman will continue to serve as chairman of the board.

Falcone was formerly the CFO of Bed, Bath & Beyond Inc., where he took the company public with public offerings in excess of $275 million. He also headed Tiffany & Co. global expansion as the director of Internal Finance and Operations and also played a role in Tiffany’s IPO.

Massachusetts-based Aquamer is a holding company for early stage technology development. The technologies which the company seeks are at the stage of pre-market or right after market entry.

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