InspireMD lifts COO Barry to the corner office

InspireMD (OTC:NSPR) said yesterday it promoted COO Dr. James Barry to the office of CEO and president, effectively immediately. Former CEO Alan Milinazzo announced he would step down from the position in January.

“We are extremely pleased to name Dr. Barry as President and CEO. Jim brings an invaluable set of capabilities, relationships, and experience in line with our efforts to pioneer and commercialize new device technologies that leverage our proprietary MicroNet platform. Jim is well-versed in the company, as a board member and in his previous role as the company’s chief operating officer, where he led initiatives to realign the organization around corporate strategic objectives, such as the transition into the carotid and neuro interventional markets, and also to design, develop, obtain regulatory clearances, and begin commercial activities for CGuard EPS,” chairman Sol Barer said in a press release.

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