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Home » Ventec Life Systems taps Philips exec as new CEO

Ventec Life Systems taps Philips exec as new CEO

March 9, 2021 By Sean Whooley

Ventec Life SystemsVentec Life Systems announced that its board of directors appointed Jim Alwan as its president & CEO.

Bothell, Wash.-based Ventec said in a news release that Alwan will assume the role effective March 15, 2021, while also joining as a member of Ventec’s board of directors.

A veteran of more than 25 years in the healthcare space, Alwan most recently served as SVP & GM for Philips’s hospital respiratory care business. He also served as VP of innovation and business development at Becton Dickinson.

“Jim brings a track record of industry accomplishment and effective leadership to Ventec,” Ventec Life Systems board of directors chairman Jim Hickey said in the release. “He has a unique blend of market knowledge, general management, and engineering skills. We are pleased that Jim has joined Ventec and look forward to significant company growth under his guidance.”

Ventec experienced a busy 2020, multiplying its manufacturing production by 80 times in response to the demand for its VOCSN multi-function critical care ventilator amid the COVID-19 pandemic. In September, the company announced that it completed a government contract to produce 30,000 ventilators worth $489.4 million in collaboration with General Motors.

The company has allocated revenue to enhance the VOCSN system and release the VOCSN Multi-View cellular system for providing complete patient trending and monitoring for ventilator-dependent patients across multiple respiratory therapies.

“I am delighted to join Ventec Life Systems to expand upon the unprecedented growth and remarkable progress of this team,” Alwan said. “By re-imagining respiratory therapy delivery in a uniquely integrated and connected solution, they have unlocked value that is now reshaping the respiratory care market and improving the lives of patients and caregivers.”

Filed Under: Business/Financial News, Featured, Respiratory Tagged With: Personnel Moves, Ventec Life Systems

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About Sean Whooley

Sean Whooley is an associate editor who mainly produces work for MassDevice, Medical Design & Outsourcing and Drug Delivery Business News. He received a bachelor's degree in multiplatform journalism from the University of Maryland, College Park. You can connect with him on LinkedIn or email him at [email protected].

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