Tactile Medical Appoints Chief Financial Officer

Tactile Systems Technology Inc., a developer of medical devices for the treatment of chronic diseases at home, has appointed Brent A. Moen as chief financial officer (CFO). Tactile Medical’s current CFO, Lynn L. Blake, has resigned from that role for personal reasons and not due to any disagreement with the company on any matter, including related to the company’s operations, policies, practices, financial reporting or controls. Blake will continue to advise the company in a consulting role until March 2019 in order to facilitate a smooth transition.
 
“I’m very pleased to announce Brent’s appointment and welcome him to Tactile Medical,” said Gerald R. Mattys, CEO of Tactile Medical. “Brent possesses a strong financial background, with over 20 years of management level experience including senior leadership roles as chief financial officer of two publicly traded companies, most recently in the medical device industry at Entellus Medical. I look forward to his strategic insight and future contributions as a member of the executive leadership team as we continue to scale our business.”
 
“I would also like to thank Lynn for the valuable contributions she has made since joining Tactile Medical in April 2016,” Mattys continued. “Her leadership and expertise helped Tactile Medical complete our IPO, successfully transition to the public markets and support Tactile Medical’s subsequent growth and expansion of our shareholder base.” 

Moen most recently served as CFO of Entellus Medical Inc., a publicly held medical device company, from May 2016 until the company’s acquisition by Stryker Corporation in February 2018. Prior to joining Entellus Medical, Moen served as executive vice president and CFO of ABRA Auto Body & Glass LP, an automotive collision repair company, from November 2013 to May 2015. Moen previously served as senior vice president and CFO of Regis Corporation, a publicly held owner, franchisor and operator of beauty salons, from January 2011 to December 2012. He held various financial roles of increasing responsibility with Regis Corporation, beginning in 2000.

Moen has a bachelor of arts degree in accounting from the University of North Dakota and is a certified public accountant (inactive). He started his professional career with Coopers and Lybrand.
 
“Tactile Medical is an impressive organization that has developed a clear leadership position in the treatment of lymphedema and established a consistent track record of growth and execution,” said Moen. “I am excited to join the team and am committed to leading the company through its next stage of growth.”
 
Tactile Medical develops and markets at-home therapy devices that treat chronic swelling conditions such as lymphedema and chronic venous insufficiency. Tactile Medical’s Mission is to help people suffering from chronic diseases live better and care for themselves at home. The company’s offering includes advanced, clinically proven pneumatic compression devices, as well as continuity of care services provided by a national network of product specialists and trainers, reimbursement experts, patient advocates and clinicians. This combination of products and services ensures that tens of thousands of patients annually receive the at-home treatment necessary to better manage their chronic conditions.