• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Opinions
    • Top 30
    • Research
    • Supply Chain
    • Device Sectors
    • Directory
    • Events
    • Resources
    • Microsites
    • More
  • Magazine
  • News
  • Opinions
  • Top 30
  • Research
  • Supply Chain
  • Device Sectors
  • Directory
  • Events
  • Resources
  • Microsites
  • Current / Back Issues
    Features
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Reprints
    Subscribe Now
    Advertise Now
    Top Features
    20 Years: A Discussion on the Past & Future of Medical Product Outsourcing

    A Combined Effort for Drug Delivery & Combo Product Technology

    Examining Medical Packaging & Sterilization on Multiple Fronts

    Medical Molding Modernized

    Computer Concepts for Medical Device Design
    OEM News
    Supplier News
    Service / Press Releases
    Online Exclusives
    Press Releases
    People in the News
    Product & Service Releases
    Supplier News
    Medtech Makers
    Technical Features
    International News
    Videos
    Product & Service Releases
    Live From Shows
    Regulatory
    Financial/Business
    Top News
    Merit Medical Acquires AngioDynamics' Catheter Portfolio

    iCAD Strengthens Leadership Team

    HeartFlow's RoadMap Analysis Debuts in the U.S.

    Study Shows Medtronic's Sphere-9 Catheter Successfully Treats Afib

    Implicity Introduces New Algorithm to Address Alert Fatigue in AF Care
    From the Editor
    Blogs
    Guest Opinions
    Top Opinions
    20 Years: A Discussion on the Past & Future of Medical Product Outsourcing

    A Combined Effort for Drug Delivery & Combo Product Technology

    Examining Medical Packaging & Sterilization on Multiple Fronts

    Medical Molding Modernized

    Computer Concepts for Medical Device Design
    Top 30 Medical Device Companies
    Market Data
    White Papers
    Top Research
    Elizabeth Holmes’ Pre-Prison Public Persona

    Trending in Healthcare Dealmaking: Creativity, Diversification, and Distress

    How Human Factors Engineering Can Contribute to Medical Device Packaging

    How Companies Can Create a Unique Selling Proposition

    Updating Medical Device Software in the Field
    3D/Additive Manufacturing
    Contract Manufacturing
    Electronics
    Machining & Laser Processing
    Materials
    Molding
    Packaging & Sterilization
    R&D & Design
    Software & IT
    Testing
    Tubing & Extrusion
    Cardiovascular
    Diagnostics
    Digital Health
    Neurological
    Patient Monitoring
    Surgical
    Orthopedics
    All Companies
    Categories
    Company Capabilities
    Add New Company
    Outsourcing Directory
    Arthur G. Russell Co. Inc., The

    Medbio LLC

    NDH Medical Inc.

    Providence Enterprise USA Inc.

    Cirtec Medical
    MPO Summit
    Industry Events
    Webinars
    Live From Show Event
    Industry Associations
    Videos
    Career Central
    eBook
    Slideshows
    Top Resources
    Redefining Healthcare Spaces with Built-in Antimicrobial Product Protection

    How the CHIPS Act and R&D Tax Credits Will Shape the Medtech Manufacturing Landscape

    Solving the Skills Gap Stalling the March of UK Life Sciences

    5 Ways to Reduce Nearshoring & Reshoring Costs Using Automation

    The Future of Hearing Aids: xMEMS Develops All-Silicon, Solid-State Micro Speaker
    Companies
    News Releases
    Product Releases
    Press Releases
    Product Spec Sheets
    Service Releases
    Case Studies
    White Papers
    Brochures
    Videos
    Outsourcing Directory
    Arthur G. Russell Co. Inc., The

    Medbio LLC

    NDH Medical Inc.

    Providence Enterprise USA Inc.

    Cirtec Medical
    • Magazine
      • Current/Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Editions
      • Subscribe Now
      • Advertise Now
    • News
    • Directory
      • All Companies
      • ALL CATEGORIES
      • Industry Associations
      • Company Capabilities
      • Add Your Company
    • Supply Chain
      • 3D/Additive Manufacturing
      • Contract Manufacturing
      • Electronics
      • Machining & Laser Processing
      • Materials
      • Molding
      • Packaging & Sterilization
      • R&D & Design
      • Software & IT
      • Testing
      • Tubing & Extrusion
    • Device Sectors
      • Cardiovascular
      • Diagnostics
      • Digital Health
      • Neurological
      • Patient Monitoring
      • Surgical
      • Orthopedics
    • Top 30 Company Report
    • Expert Insights
    • Slideshows
    • Videos
    • eBook
    • Resources
    • Podcasts
    • Infographics
    • Whitepapers
    • Research
      • White Papers
      • Case Studies
      • Product Spec Sheets
      • Market Data
    • MPO Summit
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
    • Microsite
      • Companies
      • Product Releases
      • Product Spec Sheets
      • Services
      • White Papers / Tech Papers
      • Press Releases
      • Videos
      • Literature / Brochures
      • Case Studies
    • About Us
      • About Us
      • Contact Us
      • Advertise with Us
      • eNewsletter Archive
      • Privacy Policy
      • Terms of Use
    Breaking News

    PAVmed Names Chief Financial Officer

    New hire brings more than 30 years of corporate finance and executive experience to the company.

    Business Wire03.31.17
    PAVmed Inc., a highly differentiated, multi-product medical device company, has appointed Dennis M. McGrath as its new executive vice president and chief financial officer (CFO). McGrath brings more than 30 years of corporate finance and executive experience to PAVmed, spanning both entrepreneurial and public company settings. Since 2000, he has served in multiple executive leadership roles at PhotoMedex Inc., a global skin health medical device company, most recently as president and CFO.
     
    “I am thrilled to welcome Dennis to the PAVmed team as we enter an important phase in our company’s evolution. He is a seasoned medical device industry executive with extensive public company leadership experience, who brings a broad range of skills in corporate finance, business development, corporate strategy, operations and administration,” said Lishan Aklog, M.D., chairman and CEO of PAVmed. “Dennis also brings a proven track record of delivering results and driving shareholder value through numerous public and private financings, merger and acquisitions, joint ventures and licensing deals. We also expect PAVmed to benefit immensely from his strong relationships with members of the finance and investment communities.”
     
    Richard F. Fitzgerald, who has served as PAVmed’s CFO since 2015, will be pursuing new opportunities closer to his home state of Pennsylvania.
     
    “On behalf of our entire team, I would like express my deep gratitude to Rich for his tireless work and dedication to PAVmed’s mission. Rich helped shepherd the company through several key stages, including building our finance infrastructure, consummating our initial public offering and establishing our SEC reporting procedures and internal controls as a new public company. We wish him all the best in his future endeavors as he returns home to be closer to his family,” Aklog added.
     
    Prior to his most recent role as president and CFO of PhotoMedex, which he assumed after a corporate merger in 2011, McGrath served as CEO of PhotoMedex from 2009 to 2011 and as CFO/vice president of finance and administration from 2000 through 2009. Prior to PhotoMedex, he served as chief operating officer of Internet Practice, the largest division for AnswerThink Consulting Group Inc., a company specializing in business consulting and technology integration. Prior to that, he was CFO of Think New Ideas Inc., a company specializing in interactive marketing services and business solutions. McGrath also served as CFO/executive vice president of TriSpan Inc., an internet commerce solutions and technology consulting company, which was acquired by AnswerThink Consulting Group Inc.
     
    McGrath is a certified public accountant who began his career at Arthur Anderson and holds a bachelor of science in accounting from LaSalle University. He serves as a director on several boards including DarioHealth Corp., Noninvasive Medical Technologies Inc., and Cagent Vascular LLC.

    “I am excited to be joining this team. PAVmed has all of the necessary ingredients to accelerate its growth and create significant value for its shareholders over the coming years—a leadership team with a proven track record, a capital-efficient business model, an expanding pipeline of products and a team of directors and medical advisors,” McGrath said.
     
    In connection with his employment with PAVmed, the company granted McGrath an option to purchase up to 250,000 shares of common stock for $5.95 per share. The option vests in 12 equal quarterly installments on the last day of each fiscal quarter, commencing on June 30, 2017.
     
    PAVmed Inc. employs a business model designed to advance products from concept to commercialization more rapidly and with significantly less capital than the typical medical device company. This proprietary model enables PAVmed to pursue an expanding multi-product pipeline strategy with a view to enhancing and accelerating value creation. PAVmed’s pipeline of products address unmet clinical needs, have attractive regulatory pathways and market opportunities and encompass a broad clinical areas including carpal tunnel syndrome (CarpX), medical infusions (NextFlo and NextCath), interventional radiology (PortIO and NextCath), tissue ablation and cardiovascular intervention (Caldus,) and pediatric ear infections (DisappEAR). The company is based in New York, N.Y.
    Related Searches
    • development
    • radiology
    • medical
    • evolution
    Suggested For You
    RapidPulse Closes $15 Million Series A Financing RapidPulse Closes $15 Million Series A Financing
    Stryker Buys Gauss Surgical Stryker Buys Gauss Surgical
    Abbott Buys Walk Vascular, a Thrombectomy System Maker Abbott Buys Walk Vascular, a Thrombectomy System Maker
    CorWave Completes Preclinical Study on its Cardiac Pump CorWave Completes Preclinical Study on its Cardiac Pump
    First Clinical Use of SoundBite Medical First Clinical Use of SoundBite Medical's Active Wire Platform
    FDA OKs SpinTech FDA OKs SpinTech's STAGE MRI Software
    Abbott Fined $160M to Resolve Medicare Diabetes Lawsuit Abbott Fined $160M to Resolve Medicare Diabetes Lawsuit
    Nevro Corp Receives FDA Approval for Senza System Nevro Corp Receives FDA Approval for Senza System
    BD Acquires Velano Vascular BD Acquires Velano Vascular
    VistaMed, OneProjects and Tyndall Receive €5.1 million to Improve Treatment of Cardiac Arrhythmias VistaMed, OneProjects and Tyndall Receive €5.1 million to Improve Treatment of Cardiac Arrhythmias
    Endologix Launches ALTO Abdominal Stent Graft System in Canada, Argentina Endologix Launches ALTO Abdominal Stent Graft System in Canada, Argentina
    Xenter Appoints Four Healthcare Industry Leaders to its Board Xenter Appoints Four Healthcare Industry Leaders to its Board
    Contraline Expands Board of Directors Contraline Expands Board of Directors
    FineHeart Successfully Implants, Removes Cardiac Device in Trial FineHeart Successfully Implants, Removes Cardiac Device in Trial
    OnLume Surgical Completes $7 Million Series A Financing OnLume Surgical Completes $7 Million Series A Financing

    Related Breaking News

    • RapidPulse Closes $15 Million Series A Financing

      RapidPulse Closes $15 Million Series A Financing

      Two industry veterans join the team to support the development of a cyclic aspiration system for ischemic stroke.
      Globe Newswire 09.10.21

    • Surgical
      Stryker Buys Gauss Surgical

      Stryker Buys Gauss Surgical

      Gains Triton AI-enabled platform for real-time monitoring of blood loss during surgery.
      PR Newswire 09.07.21

    • Cardiovascular
      Abbott Buys Walk Vascular, a Thrombectomy System Maker

      Abbott Buys Walk Vascular, a Thrombectomy System Maker

      Adds mechanical thrombectomy devices for treating patients with peripheral blood clots.
      PR Newswire 09.02.21


    • Cardiovascular
      CorWave Completes Preclinical Study on its Cardiac Pump

      CorWave Completes Preclinical Study on its Cardiac Pump

      Data confirmed the ability of the CorWave pump to provide chronic circulatory support with exceptional hemocompatibility.
      Business Wire 08.27.21

    • First Clinical Use of SoundBite Medical

      First Clinical Use of SoundBite Medical's Active Wire Platform

      Doctors tout strong results with the company's Active Wire 0.014-inch platform in severely calcified peripheral lesions.
      Business Wire 08.13.21

    Loading, Please Wait..

    Trending
    • Olympus To Establish Digital Excellence Centers
    • Study Shows Medtronic's Sphere-9 Catheter Successfully Treats Afib
    • Philips Names New Supervisory Board Chairman
    • A New Approach To Post-Market Surveillance
    • Labcorp's Clinical Development Spinoff To Be Called Fortrea
    Breaking News
    • Merit Medical Acquires AngioDynamics' Catheter Portfolio
    • iCAD Strengthens Leadership Team
    • HeartFlow's RoadMap Analysis Debuts in the U.S.
    • Study Shows Medtronic's Sphere-9 Catheter Successfully Treats Afib
    • Implicity Introduces New Algorithm to Address Alert Fatigue in AF Care
    View Breaking News >
    CURRENT ISSUE

    June 2023

    • 20 Years: A Discussion on the Past & Future of Medical Product Outsourcing
    • A Combined Effort for Drug Delivery & Combo Product Technology
    • Examining Medical Packaging & Sterilization on Multiple Fronts
    • Medical Molding Modernized
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Women in Nutraceuticals Names Global Lead in India Ahead of Nutrify C-Suite Summit
    Batory Foods Acquires Tri-State Companies
    Blue Diamond, Brightseed Partner To Discover New Almond Bioactives
    Coatings World

    Latest Breaking News From Coatings World

    AkzoNobel to Supply Porsche China with Complete Water-Based Refinish Range
    Evonik Earns ACC’s Sustainability Leadership Award
    Sandrine Garnier Joins ChemQuest as a Director
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Merit Medical Acquires AngioDynamics' Catheter Portfolio
    iCAD Strengthens Leadership Team
    HeartFlow's RoadMap Analysis Debuts in the U.S.
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Quell Therapeutics, AstraZeneca Partner on Engineered Treg Cell Therapies
    Charles River, INADcure Collaborate on Gene Therapy Manufacturing
    Lotus Clinical Research, Trialogics Partner for Clinical Trial Software Services
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Guerlain's 'Secret' Archive—the World's 1st Lipstick, Perfume, & Nivea Jar
    Mary Kay Supports Ocean Conservation & Coral Reef Protection
    TerraCycle and Wrinkles Schminkles Announce Recycling Program
    Happi

    Latest Breaking News From Happi

    Sabinsa Wins 2023 Technology Innovation Award in China for LactoSpore
    Cepsa Química’s Sustainable Lab Slashes Carbon Footprint Up to 80%
    CPL Aromas Launches 2022 Sustainability and Impact Reports
    Ink World

    Latest Breaking News From Ink World

    ITMA 2023 Opens with Mega Showcase of Innovative Solutions
    Kornit Digital Shows Enhanced Presto MAX at ITMA 2023
    Kornit Digital Unveils Apollo Platform, Enhanced Atlas MAX PLUS at ITMA 2023
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    AWT Labels & Packaging acquires ASL Print FX
    Avery Dennison announces new cohort of startups for AD Stretch Accelerator Program
    Appvion unveils new film label facestock
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Rascal + Friends Expands Distribution with Walmart
    ITMA ASIA + CITME Announce Second Location
    Andritz Partnership with Pellenc ST and Nouvelles Fibres Enters New Phase
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    SurGenTec's TiLink-L SI Joint Implant Gains FDA Nod
    Orthopedic Prosthetic Market to Eclipse $3.39 Billion by 2030
    Osso VR Launches Virtual Reality Training Program
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Sensirion Air Quality Sensors Harmonized with RESET Air Standard
    Identiv Introduces Industry’s First Battery-Free Metal Sensor IoT Devices
    Heliatek Joins European Solar PV Industry Alliance (ESIA)

    Copyright © 2023 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login