Healthcare Industry News: ETEX Corp
News Release - October 20, 2009
Ascension Orthopedics Appoints Guy L. Mayer as New CEOAUSTIN, TX - (HSMN NewsFeed) - Ascension Orthopedics, Inc., a leader in orthopedic extremity implants, announced today that Guy L. Mayer has been appointed President and Chief Executive Officer, effective October 12, 2009. Mayer joins Ascension Orthopedics after serving more than 30 years in leadership roles in the medical device industry.
"I am excited to join Ascension Orthopedics at this critical stage in the Company's growth," said Mayer. "I look forward to working with the talented, passionate and committed team at Ascension to expand market share and increase overall awareness of the benefits of pyrolytic carbon joint implants in the improvement of patient care."
"We are delighted to welcome Guy to Ascension Orthopedics to lead the company at this exciting time in the company's development," said Trevor Moody, Chairman of Ascension Orthopedics. "He brings a proven track record of growing companies and building value for shareholders. We expect that Guy will provide outstanding leadership, enabling Ascension to realize expanding opportunities in the extremity implant market."
Mayer most recently served as President of RTI Biologics, Inc., where he completed the integration of Tutogen Medical, Inc. with RTI Biologics. Preceding his position at RTI Biologics, Mayer was President and CEO of Tutogen Medical, Inc., where he doubled sales for the Company from $27 million to $60 million over a three-year period and later completed a $260 million sale of Tutogen. Mayer has also served as an executive with a number of public and private medical device companies including Picker International, Visen Medical, Inc., ETEX Corporation and Zimmer Inc. He began his career at American Hospital Supply Corporation. He then spent 14 years with Zimmer Inc., where he served in areas with increasing responsibility for both the international and domestic markets. He held positions of President, Zimmer Canada; Managing Director, UK; Sr. VP Strategic Planning and Business Development; President, Zimmer Japan; President, Orthopedic Implant Division; and President, Global Products Group. Mayer holds a bachelor of arts in history and political science from the University of Ottawa. He currently serves on the Board of Directors for Spire Corporation (spir).
About Ascension Orthopedics, Inc.
Ascension Orthopedics was founded in Austin, Texas in 1996. The company's first product was an innovative pyrolytic carbon total joint replacement for the MCP joint of the hand. Its joint replacement product line has since expanded to include implants for the shoulder, elbow, wrist, hand, foot and ankle. Ascension's mission is to transform extremities by developing state-of-the-art orthopedic products for the upper and lower limbs to help patients suffering from pain and dysfunction. Ascension Orthopedics sells products in the United States and in more than 23 countries worldwide. For further information, please visit http://www.ascensionortho.com/.
Source: Ascension Orthopedics
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