Vermillion this week announced the appointment of Sandra Gardiner as vice president and chief financial officer.
Gardiner was previously at Bend Research where she was CFO and a member of its board. From 2004 to 2008, Gardiner was CFO and corporate secretary of Lipid Sciences.
In a document filed with the US Securities and Exchange Commission, Vermillion said her annual base salary will be at least $240,000. Gardiner will also be eligible for a bonus of up to 40 percent of her salary based on performance goals to be determined by the CEO or Vermillion's board.