Cardinal Health names Jason Hollar as new chief financial officer
Cardinal Health (Dublin, OH) announced that its board of directors elected Jason Hollar as CFO, effective May 12. Hollar most recently was the CFO of Tenneco Inc., a global automotive products and services company, and previously was CFO of Sears Holding Corporation. As Cardinal Health CFO, Hollar will lead financial activities across the enterprise, including financial strategy, capital deployment, treasury, tax, investor relations, accounting and reporting. He will succeed Dave Evans, who has been serving as interim CFO.
Sri Trang USA hires Darren Zwick as director of distributor relations
Sri Trang USA announced it has hired Darren Zwick as its director of distributor relations. Zwick will be responsible for creating opportunity with national and regional distributor accounts for Sri Trang USA to extend the value of its infection prevention products to customers across all healthcare segments. Zwick has spent more than 20 years in the dental industry and has over 10 years of experience in both the distribution and manufacturing industry identifying market opportunities and establishing effective relationships. Throughout his career, Zwick has developed innovative sales and marketing strategies to accelerate revenue growth with end-users. On the manufacturing side, he has worked with distribution by training sales teams, providing end-user solutions, creating marketing resources and developing partner programs that resulted in increased sales opportunities. Zwick received a Bachelor of Arts from Olivet College in Business Administration with concentrations in management and marketing.
Masimo to acquire TNI medical AG
Masimo (Irvine, CA) entered into a definitive agreement to acquire TNI medical AG (Würzburg, Germany), an innovative ventilation company. This follows Masimo’s August 2019 disclosure of an investment in TNI that included an exclusive option to acquire the company. TNI’s novel softFlow technology is designed to provide high flow, warmed and humidified respiratory gases to spontaneously breathing patients suffering from serious pulmonary conditions. The softFlow technology provides efficient, quiet and comfortable respiratory support by generating a precisely regulated, stable high flow of room air or a mix of room air and oxygen. The system, comprised of an integrated flow generator, respiratory circuit, and patient interface, operates without the need of pneumatic systems (i.e. compressed air supplied from the hospital wall) and can be used both in the hospital and at home.
Midmark RTLS names new vice president
Midmark Corp. announced Susan Martin will join Midmark as vice president, Midmark RTLS in Traverse City, Mich. In this leadership position, Martin will be responsible for accelerating the Midmark RTLS business transformation and growth by developing best-in-class customer experiences through strategic focus, innovative product solutions and operational excellence. Martin previously was VP, commercial business at Medicines360, where she defined and executed the commercial business strategies that led to significant organizational growth each year. Prior to this, Martin held senior-level and management board positions with the healthcare companies Johnson & Johnson, Zimmer Biomet and Invuity.