PR Newswire08.15.17
NuVasive Inc., a medical device company focused on transforming spine surgery with minimally disruptive, procedurally-integrated solutions, announced today the appointment of Rajesh (Raj) J. Asarpota as the company's new executive vice president and chief financial officer (CFO), effective September 1, 2017.
As a member of NuVasive's global executive team, Asarpota will be responsible for the company's global finance functions including accounting, FP&A, treasury and tax. He joins NuVasive with nearly 25 years of experience in financial and executive leadership roles across the healthcare industry.
Asarpota began his career at General Electric (GE) in the GE Financial Management program, including finance roles in commercial operations, plant and manufacturing analysis, sourcing and R&D analysis. He then joined the GE Corporate Audit Staff program and from there moved to GE Healthcare where he held a variety of key finance operating roles. In the last 15 years, he has accumulated critical experience in both public and private enterprises, highlighted by his decade-long tenure at Life Technologies where he helped drive the growth from a small biotech company to a $4 billion life sciences leader. More recently, Asarpota was the CFO of publicly-traded Questcor Pharmaceuticals and supported the sale of that company, and then worked in private equity-backed healthcare companies for the last several years in executive financial and operational roles.
"Raj brings a strong financial and operational background to the NuVasive leadership team as we continue to focus on driving revenue growth and expanding profitability," said Gregory T. Lucier, NuVasive's chairman and chief executive officer. "I have worked closely with Raj at multiple companies where we were successful at expanding market share and transforming operations. He's a proven leader who will drive significant shareholder value."
Asarpota earned a bachelor's degree from the University of Bombay in Bombay, India and an MBA from Marquette University in Milwaukee, Wis.
As a member of NuVasive's global executive team, Asarpota will be responsible for the company's global finance functions including accounting, FP&A, treasury and tax. He joins NuVasive with nearly 25 years of experience in financial and executive leadership roles across the healthcare industry.
Asarpota began his career at General Electric (GE) in the GE Financial Management program, including finance roles in commercial operations, plant and manufacturing analysis, sourcing and R&D analysis. He then joined the GE Corporate Audit Staff program and from there moved to GE Healthcare where he held a variety of key finance operating roles. In the last 15 years, he has accumulated critical experience in both public and private enterprises, highlighted by his decade-long tenure at Life Technologies where he helped drive the growth from a small biotech company to a $4 billion life sciences leader. More recently, Asarpota was the CFO of publicly-traded Questcor Pharmaceuticals and supported the sale of that company, and then worked in private equity-backed healthcare companies for the last several years in executive financial and operational roles.
"Raj brings a strong financial and operational background to the NuVasive leadership team as we continue to focus on driving revenue growth and expanding profitability," said Gregory T. Lucier, NuVasive's chairman and chief executive officer. "I have worked closely with Raj at multiple companies where we were successful at expanding market share and transforming operations. He's a proven leader who will drive significant shareholder value."
Asarpota earned a bachelor's degree from the University of Bombay in Bombay, India and an MBA from Marquette University in Milwaukee, Wis.