– USA, MN – SubioMed, Inc., a pioneer in the invention and development of disruptive Suspension Biomechanics technology addressing critical elements of gait and balance, today announced the appointment of veteran MedTech industry leader Gary Peterson as CEO, effective, July 1, 2020.
“We are very pleased to make this announcement as part of our strategic plan of continuously increasing our management team’s leadership and experience capabilities. Gary Peterson has served the company in an outstanding fashion as a board member and outside consultant and he will continue to serve very well in this new and additional role as its CEO.” said Chairman and Co-founder, Patrick Kullmann.
Kullmann continued, “Mr. Peterson has the highest level of experience in the industry in both the funding and operating spaces. We could not be happier with this latest appointment coming on the heels of our completed initial raise of $1,500,000.”
This appointment follows the planned retirement of Patrick Kullmann as CEO on June 30, 2020. He will remain the Board Chairman.
About Gary Peterson
Mr. Peterson has 45+ years of experience in the medical device, health services and finance business. Over the last six years, he held top executive positions in the orthopedic and regenerative medicine fields with world-famous The Steadman Clinic, the Steadman Philippon Research Institute, and associated ventures in Vail, Colorado. Gary has served on numerous public and private company boards, founded and managed several venture funding organizations, and held top operating roles in companies including Angiomedics as its co-founder, along with significant marketing roles at Cardiac Pacemakers, Inc.
Physical issues surrounding biomechanics of the lower extremities are a leading cause of morbidity and mortality affecting millions of patients worldwide. SubioMed intends to address this problem by commercializing technology invented by Barry Butler DPM. Dr. Butler has been in practice 28 years and is board-certified by the American Board of Podiatric Surgery and a Fellow of the American College of Foot and Ankle Surgeons.
SubioMed is pioneering the invention and development of Suspension Biomechanics technology aimed at improving lower extremity biomechanics and its effect on the skeletal structure during human locomotion.
For more information: https://www.subiomed.com
- Disclaimer - News, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.