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NEWSBRIEF: Caliper CEO Kisner Steps Down, Replaced by Company Co-founder

SAN FRANCISCO, May 13 - Caliper Technologies named Michael Knapp to replace Daniel Kisner as CEO, the company said today.

 

Knapp, a Caliper founder and vice president of corporate development, will step into the CEO position as of July 1, when Kisner will become chairman of the board, according the company.

 

Kisner also will relinquish his responsibilities as president, which will be filled by James Knighton, who will also serve in his current role as chief financial officer of the company.

 

A company spokesperson said the moves did not signal a change in Caliper's business plan and was intended to allow Kisner to "balance professional and family needs."

 

Kisner will be on site at the company's Mountain View, Calif.headquarters one or two days per week as chairman, according to the spokesperson.

 

David Milligan, Caliper's current chairman, will become vice chairman.

 

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