SpineGuard Expands U.S. Sales Reach, Appoints Four New Sales Managers
St. Mande, France-based SpineGuard has been busy in the United States, expanding its U.S. sales force while also establishing four geographical areas to support rising demand from independent distributers. These distributors market the company’s PediGuard line of products, used for pedicle screw placement.
The four identified areas are Northeast, Central, West and Southeast, served by new area sales managers Andy Fogarty, Chuck Chester, Paul Stephan and Tony Nichols, respectively. Nichols also serves as the director of training. As a team, the new hires represent years—in some cases decades—of experience in medtech sales with companies such as Medtronic Inc., Sofamor-Danek, Synthes Spine, Aesculap Inc., Abbott Spine, Orthofix Holdings Inc., St. Francis Medical Technologies and Zimmer Holdings Inc.
SpineGuard acquired the PediGuard business unit from SpineVision in 2009, and has been focusing on establishing the pedicle device worldwide ever since. It has a strong presence in Europe, having signed an agreement with Gijon, Spain-based device company MBA for distribution in Italy, Portugal, Spain and the United Kingdom. The PediGuard product line has been has been adopted by nearly 250 spine surgeons for more than 19,000 procedures across 35 countries, the company claims. With an expanded sales team, SpineGuard hopes to establish a stronger foothold in the United States.
LDR Holding Corporation, a spine company based in Austin, Texas, has appointed Robert E. McNamara as chief financial officer (CFO). McNamara has two decades of technology and medical device industry experience, specifically in corporate finance; and in past CFO roles has managed two successful initial public offerings (IPOs), many capital raises and multiple merger and acquisition transactions in global market environments.
McNamara holds a bachelor’s degree in accounting from the University of San Francisco in California, and a master’s in business administration from the Wharton School of Business at the University of Pennsylvania. Before joining LDR, he served as interim CFO at Purfresh Inc. Prior to that, he was senior vice president and CFO at Accuray Inc. During his four-year tenure at Accuray, revenues grew from $22 million to $210 million, and he oversaw a $330 million IPO.
Exiting CFO Dennis Hynson will remain with the company as senior vice president of global finance, and will lead the worldwide finance team and manage the reporting of LDR’s global direct entities.
“We are happy that Bob is joining us during this period in the growth of our company,” said Christophe Lavigne, LDR Holding president and CEO. “He brings extensive private and public company experience which will be valuable to us as we manage our ongoing global expansion and position LDR for the next step in the evolution of the company.”
Millstone Medical Outsourcing in Fall River, Mass., has hired Victoria Hughes as vice president of quality systems. As a seasoned quality specialist with 18 years of experience, she will manage the quality systems for all of Millstone Medical’s facilities, directing all quality associates, and working closely with customers to ensure the highest quality standards. Millstone, outsource partner to orthopedic companies including DePuy, Covidien plc, Stryker Corp. and Synthes, provides advanced inspection, clean room packaging, loaner kit processing, and distribution services to medical and dental device manufacturers worldwide. The company has two facilities in Fall River, and one in Memphis, Tenn.
Prior to joining Millstone in April, Hughes was senior manager of quality assurance at Olympus Biotech Corporation. She also served in senior quality management positions at Alexion Pharmaceuticals Inc., Amgen, Dow Biopharmaceutical Contract Manufacturing Services, and Copley Pharmaceuticals Inc. Hughes began her career in quality assurance at Springborn Laboratories Inc. after earning her bachelor’s degree from Bridgewater State College in Bridgewater, Mass. Over the years, she has developed expertise in the establishment and management of quality assurance programs, validations, training, internal auditing, regulatory compliance training and procedures, as well as documentation and reporting protocols.
“Quality is of critical importance to Millstone Medical Outsourcing because it is of critical importance to our customers,” said Chris Ramsden, Millstone’s CEO. “We are excited to welcome Victoria and have great confidence that she will ensure the continuation of Millstone’s outstanding quality assurance and will work to enhance our systems as we add new customers and programs.”