By staff writers

July 2, 2013 -- Digirad President Matthew Molchan has assumed the role of CEO as part of the nuclear medicine firm's restructuring efforts.

Molchan has also been named a director of the company, Digirad said. Molchan was formerly president of the Digirad Imaging Solutions (DIS) division, and he came to the firm in 2007 when it acquired Ultrascan. Molchan has also held various executive positions at Somera and Equifax.

Molchan understands Digirad and shares its goal of maximizing shareholder value by increasing cash flow and repurchasing shares, Digirad said.

Copyright © 2013

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