Wright Medical Group Executive Joins Vapotherm Board

Vapotherm Inc., a global medical technology company focused on the development and commercialization of its proprietary Hi-VNI Technology products that are used to treat patients of all ages suffering from respiratory distress, has appointed Lance Berry to its Board of Directors, and as a member and chair of the Audit Committee. Berry replaces Neal Armstrong, whose retirement was effective upon Berry’s appointment.
 
“We are delighted that Lance is joining our Board of Directors and will be serving as the chair of the Audit Committee. Lance’s significant experience in successfully growing a publicly traded medical device company will be a highly valuable addition to our board,” said Joe Army, Vapotherm’s president and CEO. “We welcome him to the Vapotherm Board of Directors and look forward to working with him in the years to come.”
 
Berry has nearly two decades of financial leadership experience in the medical device industry. He currently serves as the executive vice president, chief financial and operations officer of Wright Medical Group N.V. after serving in a number of financial leadership positions dating back to 2002. Prior to Wright Medical, he was an accountant in the auditing division of Arthur Andersen LLP, from 1995 to 2002, where he held various positions of increasing responsibility, most recently as audit manager.

Berry is a certified public accountant and earned both a bachelor’s degree in accounting and a master’s degree in accounting from the University of Mississippi.
 
Armstrong has served on the board since 2007 and chaired the Audit Committee. He is retiring from his professional career, highlighted by his time spent as chief financial officer at Aspect Medical from 1996 to 2005 and in 2009, and at Haemonetics from 1990 to 1996.
 
“Neal’s guidance has been invaluable to Vapotherm, and we want to thank him for all that he has done for Vapotherm during his service. Neal has brought a strong financial management perspective plus a wealth of executive experience into every board meeting and has provided leadership and guidance to the Vapotherm team as we continue to grow our business and drive towards profitability,” said James Liken, chairman of the Vapotherm Board of Directors. “We wish him the very best in his retirement.”