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    Accuray Appoints Michael Murphy as VP, Corporate Controller

    10/21/24 4:05:00 PM ET
    $ARAY
    Medical/Dental Instruments
    Health Care
    Get the next $ARAY alert in real time by email

    MADISON, Wis., Oct. 21, 2024 /PRNewswire/ -- Accuray Incorporated (NASDAQ:ARAY) announced today that Michael Murphy, CPA has joined the company as Vice President, Corporate Controller. Mr. Murphy will be responsible for leading the global accounting function including corporate tax, regulatory reporting, accounting policies, and risk management, along with associated budgetary and administrative operations. He will report to Accuray Senior Vice President & Chief Financial Officer Ali Pervaiz. The company also expects to appoint Mr. Murphy to the position of principal accounting officer following the filing of the company's quarterly report on Form 10-Q for the period ended September 30, 2024.

    Accuray Incorporated (PRNewsFoto/Accuray Incorporated) (PRNewsFoto/Accuray Incorporated)

    Mr. Murphy brings more than 15 years of finance and accounting expertise to his new role at Accuray, most recently serving as Vice President, Chief Accounting Officer and Treasury at Duluth Holdings Inc. During his tenure with the organization, Mr. Murphy successfully led teams involved with accounting, controller and treasury functions, while introducing multiple corporate cost savings initiatives. Earlier in his career, Mr. Murphy held the roles of Chief Accounting Officer and Vice President - Assistant Controller, respectively, at financial institutions First Business Financial Services, Inc. and Banco Popular North America. He also has extensive public accounting experience having assumed positions of increasing responsibility while employed at KPMG, LLP.

    "I couldn't be more pleased to announce that Mike has joined the Accuray team. He is a highly experienced financial controller and accountant with a career spanning a diverse range of industries. Mike has delivered value in each role he's held and has the business acumen required to support the achievement of our company's revenue and profitability goals. I look forward to both his partnership and leadership in driving seamless execution that meets the strategic demands of the organization," said Ali Pervaiz, Senior Vice President & Chief Financial Officer at Accuray.

    "I was initially inspired and drawn to Accuray's vision and the company's focus on constant innovation to improve as many cancer patients' lives as possible. As I had the opportunity to meet people throughout the organization, the value placed on collaboration and continuous improvement resonated with me. It is a culture that I am excited to be a part of," said Michael Murphy, Vice President, Corporate Controller at Accuray.

    About Accuray

    Accuray is committed to expanding the powerful potential of radiation therapy to improve as many lives as possible. We invent unique, market-changing solutions that are designed to deliver radiation treatments for even the most complex cases—while making commonly treatable cases even easier—to meet the full spectrum of patient needs. We are dedicated to continuous innovation in radiation therapy for oncology, neuro-radiosurgery, and beyond, as we partner with clinicians and administrators, empowering them to help patients get back to their lives, faster. Accuray is headquartered in Sunnyvale, California, with facilities worldwide. To learn more, visit www.accuray.com or follow us on Facebook, LinkedIn, X, and YouTube.

    Media Contact

    Beth Kaplan   

    Accuray                                                          

    +1 (408) 789-4426

    [email protected]

    Investor Contact

    Aman Patel, CFA

    Investor Relations, ICR-Westwicke

    +1 (443) 450-4191

    [email protected] 

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/accuray-appoints-michael-murphy-as-vp-corporate-controller-302281787.html

    SOURCE Accuray Incorporated

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    Q&A

    New
    • Who has been appointed as the new Vice President, Corporate Controller at Accuray?

      Michael Murphy has joined Accuray as Vice President, Corporate Controller and will lead the global accounting function.

    • What is Michael Murphy's professional background prior to joining Accuray?

      Michael Murphy has over 15 years of finance and accounting expertise, previously serving as Vice President, Chief Accounting Officer and Treasury at Duluth Holdings Inc.

    • What is the next step for Michael Murphy in his role at Accuray?

      Michael Murphy is expected to be appointed as the principal accounting officer after the filing of Accuray's quarterly report on Form 10-Q for the period ended September 30, 2024.

    • What is Accuray's mission and main focus as a company?

      Accuray focuses on expanding radiation therapy technologies to improve outcomes for cancer patients, emphasizing continuous innovation.

    • How does the CFO of Accuray feel about Michael Murphy's appointment?

      Ali Pervaiz, Accuray's CFO, expressed his confidence in Michael Murphy's ability to deliver value and meet the company's strategic financial demands.

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