Profound Medical moves Plymale to COO, taps ex-Novadaq CEO Menawat
Profound Medical said yesterday it is transitioning its current CEO Steven Plymale to the position of chief operating officer and picking up former Novadaq CEO Arun Menawat to take over the corner office.
Menawat has held a position as a board member with Profound Medical since October 2014, the company said. He joined Novadaq in 2003, and held positions at Cedara Software Corp., Tenneco, Inc. and Hercules, Inc. prior to that.
“I had the privilege of working with Arun at Cedara Software and have continued to benefit from his mentorship in the years since. I was pleased to have personally recruited him to join Profound’s board in 2014 and believe that he is exceptionally well qualified to help us accelerate our growth as CEO. Arun is a seasoned leader with an exceptional track record and reputation, who has helped nurture and build great medical device businesses,” Plymale said in prepared remarks.
“Steve possesses a unique combination of management skills and experience that spans multiple corporate functions, including operations, quality control, regulatory affairs and strategic planning, and I am very excited to be working closely with him once again. Together, I believe that we will be able to help Profound realize its enormous potential, establishing the Company as a valuable leader in prostate cancer care,” Dr. Menawat said in a press release.