Explore the most recent editions of MPO Magazine, featuring expert commentary, industry trends, and breakthrough technologies.
Access the full digital version of MPO Magazine anytime, anywhere, with interactive content and enhanced features.
Join our community of medical device professionals. Subscribe to MPO Magazine for the latest news and updates delivered straight to your mailbox.
Explore the transformative impact of additive manufacturing on medical devices, including design flexibility and materials.
Learn about outsourcing options in the medical device sector, focusing on quality, compliance, and operational excellence.
Stay updated on the latest electronic components and technologies driving innovation in medical devices.
Discover precision machining and laser processing solutions that enhance the quality and performance of medical devices.
Explore the latest materials and their applications in medical devices, focusing on performance, biocompatibility, and regulatory compliance.
Learn about advanced molding techniques for producing high-quality, complex medical device components.
Stay informed on best practices for packaging and sterilization methods that ensure product safety and compliance.
Explore the latest trends in research and development, as well as design innovations that drive the medical device industry forward.
Discover the role of software and IT solutions in enhancing the design, functionality, and security of medical devices.
Learn about the essential testing methods and standards that ensure the safety and effectiveness of medical devices.
Stay updated on innovations in tubing and extrusion processes for medical applications, focusing on precision and reliability.
Stay ahead with real-time updates on critical news affecting the medical device industry.
Access unique content and insights not available in the print edition of the MPO Magazine.
Explore feature articles that delve into specific topics within the medical device industry, providing in-depth analysis and insights.
Gain perspective from industry experts through regular columns addressing key challenges and innovations in medical devices.
Read the editor’s thoughts on the current state of the medical device industry.
Discover the leading companies in the medical device sector, showcasing their innovations and contributions to the industry.
Explore detailed profiles of medical device contract manufacturing and service provider companies, highlighting their capabilities and offerings.
Learn about the capabilities of medical device contract manufacturing and service provider companies, showcasing their expertise and resources.
Watch informative videos featuring industry leaders discussing trends, technologies, and insights in medical devices.
Short, engaging videos providing quick insights and updates on key topics within the medical device industry.
Tune in to discussions with industry experts sharing their insights on trends, challenges, and innovations in the medical device sector.
Participate in informative webinars led by industry experts, covering various topics relevant to the medical device sector.
Stay informed on the latest press releases and announcements from leading companies in the medical device manufacturing industry.
Access comprehensive eBooks covering a range of topics on medical device manufacturing, design, and innovation.
Highlighting the innovators and entrepreneurs who are shaping the future of medical technology.
Explore sponsored articles and insights from leading companies in the medical device manufacturing sector.
Read in-depth whitepapers that explore key issues, trends, and research findings for the medical device industry.
Discover major industry events, trade shows, and conferences focused on medical devices and technology.
Get real-time updates and insights live from the CompaMed/Medica conference floor.
Join discussions and networking opportunities at the MPO Medtech Forum, focusing on the latest trends and challenges in the industry.
Attend the MPO Summit for insights and strategies from industry leaders shaping the future of medical devices.
Participate in the ODT Forum, focusing on orthopedic device trends and innovations.
Discover advertising opportunities with MPO to reach a targeted audience of medical device professionals.
Review our editorial guidelines for submissions and contributions to MPO.
Read about our commitment to protecting your privacy and personal information.
Familiarize yourself with the terms and conditions governing the use of MPOmag.com.
What are you searching for?
Defendant released on bond, given October court date in Minnesota.
September 17, 2015
By: Michael Barbella
Managing Editor
A former St. Jude Medical Inc. vice president accused of stealing company trade secrets and cash soon will have the chance to defend his honor. Bryan C. Szweda, 39, surrendered to Ramsey County, Minn., authorities on Sept. 16 and was released on $100,000 bond, Sgt. John Eastham, spokesman for the Ramsey County Sheriff’s Office, told Medical Product Outsourcing. Szweda’s next court date currently is scheduled for Oct. 14, he added. Authorities have charged Szweda with five counts of theft by swindle and a sixth charge of theft of trade secrets, all of which are felonies. He allegedly stole more than $117,000 from St. Jude Medical through expenses like basketball tickets and strip clubs and then absconding with sensitive company trade secrets when he was fired last year.
Szweda, formerly of Plymouth, Minn., now works for one of St. Jude’s rivals, Irvine, Calif.-based Edwards Lifesciences, which makes artificial heart valves. Though the company is aware of the allegations, officials would not specify whether Szweda is still employed there as senior director of global engineering. “Edwards Lifesciences learned of this matter as it was reported in the media yesterday (Sept. 16). We take these reports very seriously, and are taking urgent action to investigate this matter,” spokeswoman Sarah Huoh told MPO in an email. Szweda has been a member of MPO’s editorial advisory board, but has been suspended pending the outcome of the criminal investigation. Szweda worked at St. Jude for five years, most recently as vice president of operations for the company’s global manufacturing of structural heart devices. Before that, he worked for another competitor, Boston Scientific Corp., which had asked him to leave for making “bad purchases,” according to a longtime friend of Szweda’s known by the initials JDE in the criminal complaint. The complaint claims St. Jude executives were unaware of Szweda’s past bad purchases when he was hired in August 2009 and gave him a company credit card. The complaint — obtained by the Pulitzer Prize-winning newspaper — describes a series of thefts dating back to 2010, though some of the allegations are barred by the statutes of limitations. The charged conduct covers a period from March 2012 to July 2014, two months before he was fired from St. Jude Medical.
In the 12-page probable cause statement filed with the charges, Ramsey County Sheriff’s Office investigator Tony Samec said Szweda schemed to make St. Jude pay for expenses ranging from $17,228 in Timberwolves season tickets for 2014-15 to $570 for a Maple Grove go-cart racetrack, the Star Tribune reported. Thousands of dollars in concert tickets and food expenses to see Lady Antebellum, Luke Bryan and Jason Aldean also were allegedly billed to the company, as were $1,259 in charges at Rick’s Cabaret.
“During an interview with SJM management, they were emphatic that there would be no legitimate business reason for going to a strip club,” Samec’s filing states. “Had [St. Jude Medical] known the true nature of the expenses, they would not have approved the payments,” Other expenses like costly personal meals and rental car use were allegedly mixed in with common workplace thefts like double-billing for travel expenses and phony invoices from contractors, the newspaper claims.
When Szweda was placed on administrative leave in September 2014, the company discovered that he had placed 4,649 files related to his work on an external hard drive, including St. Jude’s 2014-18 strategic plan, “which provides a road map of SJM’s key research and marketing initiatives and is considered one of the company’s most restricted documents,” the complaint alleges. Those files also were copied to Szweda’s home computer and a second external drive. Although the computer and the first drive eventually were given to St. Jude for examination, Samec wrote that he ultimately found the second drive — which was never voluntarily provided to investigators — at his former home in Plymouth, the Star Tribune noted.
By the time investigators executed the search warrant on the home, Szweda had already moved out of state.
Enter your account email.
A verification code was sent to your email, Enter the 6-digit code sent to your mail.
Didn't get the code? Check your spam folder or resend code
Set a new password for signing in and accessing your data.
Your Password has been Updated !