Medin Technologies taps Donaldson as CEO | Personnel Moves – April 25, 2017

April 25, 2018 By Fink Densford Leave a Comment

Medin Technologies said last week it tapped Bill Donaldson as its new chief executive officer, replacing Andy Novotny who is resigning from his position at the head of the company.

Prior to joining Medin Technologies, Donaldson served as president of Jeld-Wen Canada, leading the business unit during its parent company’s initial public offering, Totowa, N.J.-based Medin Technologies said.

Donaldson has also held positions with Circor’s KF Industries, Sagebrush Pipeline, Spence Engineering and Danaher’s Kollmorgen.

“I cannot imagine a more important and exciting time to join Medin Technologies. With an outstanding set of world-class customers who are demanding more and more of the company, Medin is well-positioned to grow and diversify its product offering. This is the perfect opportunity for me to combine my operating experience with my passion for working with customers. I look forward to working with this great team and leading Medin Technologies through its next exciting phase of growth,” Donaldson said in a prepared statement.

Novotny, who saw Medin Technologies through its acquisition by Seven Point Equity Partners, will stay on to assist with the transition, Medin said.

“We are thrilled to have Bill join us as CEO and as a member of the board. He brings outstanding leadership qualities, deep manufacturing experience, and a passion for delivering exceptional value to customers. Medin is growing quickly, and we are absolutely confident Bill is the right leader to maximize the company’s market opportunity in medical contract manufacturing and at the same time build on the company’s existing reputation for world-class quality and customer responsiveness,” Seven Point managing partner and Medin board member Tom Burchill said in a prepared release.

“Our medical device and orthopedic implant OEM customers have extremely high quality, design, and delivery expectations, and we believe Bill, with his strong track record of operational excellence, will enhance these already strong capabilities,” Seven Point partner and Medin board member Mark Kammert said in a press release.

Ra Medical appoints Jackson as CFO

Ra Medical said late last week it named Andrew Jackson as its CFO, effective immediately.

Immediately prior to joining Carlsbad, Calif.-based Ra Medical, Jackson served as chief financial officer at AltheaDx. Before joining AltheaDx, Jackson held CFO positions at Celladon Corp., Ra Medical said.

“Andrew is a perfect fit for Ra Medical, as he brings his broad financial experience in the life sciences industry to our rapidly growing team. His proven leadership and deep expertise will strengthen our company moving forward,” CEO Dean Irwin said in a prepared statement.

“I’m eager to hit the ground running and join Ra Medical at such an exciting time in the company’s lifecycle, especially given the recent FDA market clearance of our DABRA System as a treatment for peripheral artery disease. I’m delighted to join this dynamic team and hope to be a key asset to the Company’s strategic and financial initiatives,” Jackson said in a press release.

Wound Management Technologies (OTC:WNDM) said earlier this month it named Michael McNeil as its new chief financial officer, replacing former CFO J. Carmena, who was promoted to CEO in February.

Prior to joining the Fort Worth, Texas-based company, McNeil served as controller for Smith & Nephew‘s (NYSE:SNN) US advanced wound management division, holding the position from between 2012 and 2018.

McNeil has also held positions with Healthpoint Biotherapeutics, Burlington Resources, Snyder Oil Corporation and Union Pacific, Wound Management Tech said.

Becton Dickinson (NYSE:BDX) said yesterday it elected Charles Bodner as its new corporate finance SVP and chief accounting officer, effective July 1.

The company added that Bodner will replace former principal accounting officer John Gallagher, who has moved to a different position within the company.

Bodner had operated as BD’s medical segment CFO since 2013, and international CFO since 2017, the Franklin Lakes, N.J.-based company said.

GI Dynamics (ASX:GID) said earlier this month that it terminated both its chief compliance officer Brian Callahan and secretary and financing and accounting VP Houry Youssoufian, effective May 15.

Both terminations were the “result of a streamlining of operating functions as part of the company’s ongoing efforts to reduce expenses,” the Lexington, Mass.-based company said.

GI Dynamics said that just before the terminations, it lifted former finance director and general accounting manager Dave Bruce to the position of principal accounting and financing officer.

Read more

DeviceTalks Weekly Podcast: Deconstructing medtech’s alphabet soup – DPA, MDR, FDA are all in the news
In this week’s DeviceTalks Weekly, we’ll examine how governmental effort, both foreign and domestic, are hitting the medtech industry. Our guests include Tracy Eberly, CEO of Fang Consulting, a regulatory advisory group. Eberly will update listeners on what pushing back the MDR deadline could mean for medtech companies and why some companies may be less than… […]
AdvaMed: Invoking Defense Production Act could hinder U.S. medtech imports
Forcing manufacturers to repurpose their production lines to make equipment to fight the coronavirus epidemic might actually hurt the U.S. supply of those items, the head of medtech trade group AdvaMed said today. AdvaMed officials have talked with U.S. secretary of Health and Human Services Alex Azar and FDA commissioner Dr. Stephen Hahn about medtech… […]
March 2020 Issue: Is software key to medical 3D printing innovation?
What’s the word on ethylene oxide? The coronavirus pandemic has pushed a lot of news out of people’s minds, but medtech has other big issues to deal with. For instance, 8 months have passed since the FDA issued a public challenge for alternatives to ethylene oxide (EtO) as a sterilant for medical devices. As I… […]
GE Healthcare quadruples ventilator production at Wisconsin plant
General Electric Healthcare (NYSE:GE) this week announced that it is doubling its production capacity for ventilators and expanding its Madison, Wisconsin, production line to 24-hour operation. In a report on GE’s website, the company shared that it has doubled its capacity of ventilator production with plans to double it again by the end of the second… […]
FDA issues FAQ on 3D-printed equipment against coronavirus
Intrepid 3D printing companies and individuals who want to print masks, gowns and other personal protective equipment (PPE) to fight the coronavirus pandemic might want to take a look at the FDA’s new frequently asked questions page on the topic. While it says it welcomes coronavirus-fighting efforts, the agency said that 3D-printed masks are unlikely… […]
Software is enabling medical 3D printing innovation: Here’s how
The 3D printers themselves get a lot of attention, but for 3D-printing to become ubiquitous in the medtech space, software will have to play a key role. A 3D printer without software to tell it where to place the material is a really nice, expensive coffee table, according to Scott Rader, a former Stratasys GM… […]
This open source ventilator hackathon could help fight the coronavirus
Infineon engineers developed a 3D printed lung ventilator to help address the shortage of ventilators due to the COVID-19 pandemic. The German federal government held a hackathon called #WirvsVirus (“We against the virus”) where 42,000 people met to find solutions to challenges from the coronavirus. Infineon engineers, led by Mahmoud Ismail who has a doctorate… […]
Could these DIY ventilators stop coronavirus from killing people?
Amid the global crisis caused by the coronavirus pandemic, hospitals and healthcare facilities are reporting shortages of vital equipment that not only keeps the patients safe, but the staffers, too. One important device for which demand has ramped up is ventilators for patients who need assistance with their breathing due to the respiratory effects of… […]
DIY ventilators? Not unless there’s a zombie apocalypse.
News reports of the COVID-19 virus have given a lot of space to the shortage of respiratory ventilators. The Society of Critical Care Medicine claims at least 950,000 U.S. patients could need ventilators but hospitals only have 160,000. One response to statistics like these has been a movement among open-source promoters to initiate community-designed ventilators… […]
FDA announces EUAs related to ventilators to treat coronavirus
Amid a shortage of ventilators for treating coronavirus, the FDA put out a statement confirming its stance on issuing emergency use authorizations for potential temporary fixes. The FDA said it is operating on the basis of a EUA determination that the U.S. Dept. of Health and Human Services issues on Feb. 4. Earlier this week, HHS declared… […]
Hack the Crisis: Life-saving pneumatics from Emerson’s ASCO and Aventics
As the United States continues to focus on social distancing to combat COVID-19, more companies are revealing how the move home for their workers is impacting their business. Despite this, companies like Emerson’s ASCO and Aventics divisions continue to step up production on key technologies used in life sciences and laboratories, including ventilators, respirators, hospital… […]