Stereotaxis Inc. has announced that Sam Duggan, Chief Financial Officer, will resign from the company, effective February 22, 2013. Serving as Stereotaxis CFO since October 2011, Mr. Duggan is leaving to accept a CFO position with a large, privately held company headquartered in St. Louis.

Martin Stammer, Vice President and Controller, will assume the role of Interim CFO. Upon Mr. Duggan's departure, Mr. Stammer will be promoted to Principal Accounting Officer and Interim CFO. Since joining the company in October 2009, he has assumed increasing levels of responsibility.

Promoted to Corporate Controller in August 2011, he was then named Vice President and Controller in August 2012.