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Ilan Daskal, Dan Madden

Cepheid has announced the appointment of Dan Madden to fill the position of executive vice president, CFO following the departure of Ilan Daskal, who had been in that post since only April.

Madden previously served as Cepheid's vice president and corporate controller. Daskal's departure, meanwhile, is not related to financial disclosure, accounting or legal matters, the company said in a statement.