Mr. Ferro controls about 29 percent of the company.
“As (Merge's) largest shareholder, I have a lot riding on its future success. I remain very confident in the company, its products and its new leadership team, and my decision does not reflect any disagreement with Merge's management or board,” Mr. Ferro said in a statement this morning.
“Over time, I intend to explore a variety of ways to increase shareholder value, including, possibly, a going-privatetransaction,” Mr. Ferro said in the statement.
Merge replaced its CEO earlier this month as Mr. Ferro called second-quarter results "very disappointing."
Ferro resigns as Merge Healthcare chairman originally appeared on Crain's Chicago Business' website.