Amid Company Growth, ConforMIS Names New CFO
Bedford, Mass.-based ConforMIS Inc. has named 30-year business and financial management veteran Peter Traynor the company’s new chief financial officer (CFO). Traynor replaces Judith Huber, who has held the office since 2008.
Prior to joining ConforMIS, Traynor spent 10 years at Genzyme Corporation where he served as chief accounting officer, and most recently as senior vice president of the company’s business and finance unit. In this role he was responsible for Securities and Exchange Commission filings, controllership functions, and financial planning and forecasting for Genzyme’s eight global business units. He also was a member of Genzyme’s global operating team and involved in many of the company’s acquisitions. Genzyme primarily is known for products that treat rare genetic diseases categorized under lysosomal storage disorders. Before joining Genzyme, Traynor served as CFO of software company Trellix Corp. (now web.com), and controller of the European operations for Lotus Development (now Lotus Software, which is owned by IBM).
“We are very pleased to welcome Peter as our CFO at a time when the company is experiencing substantial growth,” said Philipp Lang, M.D., CEO of ConforMIS. “We are at a very important and exciting point in the company’s history, and Peter’s past experience is very well suited to helping us achieve our goals of sustained growth and disciplined operating execution.”
ConforMIS recently announced the launch of its iTotal G2 total knee replacement system, a personalized implant and instrument system designed to match a patient’s natural articulating shape. The iTotal allows ConforMIS to address the largest segment of the knee replacement market. The company also recently moved its corporate offices to a substantially larger facility in Bedford to support the recent and projected growth of the company.
“It’s very exciting to join a company that combines such an innovative and broad ranging technology with an exceptionally fast growing product offering,” said Traynor. “I look forward to joining a leadership team and working with them to support the continued growth of the company’s image-based technology platform.”
Traynor earned an M.S. in finance from Bentley College Graduate School in Waltham, Mass., and a B.A. in accounting from the University of Massachusetts. He currently is completing a professional degree in international relations from the Fletcher School of Law and Diplomacy at Tufts University, outside Boston, Mass.
ConforMIS Inc. develops and commercializes medical devices that treat osteoarthritis and joint damage.