BIOLASE Names Senior Vice President, Chief Financial Officer

BIOLASE Inc., a global developer of dental lasers, has hired veteran financial executive John R. Beaver as senior vice president and chief financial officer (CFO). He reports directly to President and CEO Harold C. Flynn Jr.
 
Beaver, 56, brings proven leadership and technical experience in finance and business management in both public and private companies.
 
“John’s business expertise, particularly in terms of building, implementing and managing effective financial and commercial processes in turnaround and growth companies is a natural fit for BIOLASE,” Flynn said. “He has proven abilities in the various financial challenges facing both private and public companies. We are all very excited to welcome John to the BIOLASE team.”
 
Prior to joining BIOLASE, Beaver served as CFO of San Jose, Calif.-based Silicor Materials Inc., a global producer of solar silicon, from 2009 to 2013 and from 2015 to 2017. He also served on Silicor’s Board of Directors from 2013 to 2015.
 
While at Silicor, he led debt and equity fundraising efforts to finance the company’s transition from startup to commercial production. He also supported annual revenue growth from zero to approximately $100 million in less than one year, and he developed and implemented many of the company’s business processes.
 
Previously, from 2013-2015, Beaver was CFO for Seattle, Wash.-based Modumetal Inc., a nano-laminated alloy coatings company focused on oil and gas applications. At Modumetal, he led efforts to raise more than $50 million in debt and equity to fund the transition from startup to commercial production.
 
From 2001 to 2007, Beaver was at Houston, Texas-based Sterling Chemicals Inc., a mid-sized, publicly-traded commodity chemical manufacturer, where he served as senior vice president of finance and CFO, and prior to that position he was the company’s vice president, corporate controller.
 
Beaver has also held senior financial management positions at Pioneer Companies Inc., and Borden Chemicals and Plastics. He has a bachelor’s degree in business administration accounting from the University of Texas at Austin and is a certified public accountant.
 
BIOLASE Inc. is a medical device company that develops, manufactures, markets, and sells laser systems in dentistry and medicine and also markets, sells, and distributes dental imaging equipment, including digital X-rays and CAD/CAM scanners. BIOLASE’s products are focused on technologies that advance the practice of dentistry to both dentists and their patients. BIOLASE’s proprietary laser products incorporate approximately 210 patented and 90 patent-pending technologies designed to provide biologically clinically superior performance with less pain and faster recovery times. BIOLASE’s principal products are dental laser systems that perform a broad range of dental procedures, including cosmetic and complex surgical applications, and a full line of dental imaging equipment. BIOLASE has sold approximately 34,900 laser systems to date in over 90 countries around the world. Laser products under development address BIOLASE’s core dental market and other adjacent medical and consumer markets.