AdvaMed Enters Healthcare Debate; Reaches Tentative Agreement Changing of the Guard at Boston Scientific,
Wright Medical Group and Vision-Sciences
They’re seasoned. They’re determined. And they’re about to assume the top spot at some of the world’s largest
medical device companies.
Meet the Chief Executive Class of 2011,
now starting their freshman year at the
helms of Boston Scientific Inc., Wright
Medical Group Inc., Biomedical Structures
LLC and Vision-Sciences Inc., among other
firms. This group follows a larger class of
new leaders who began their reign earlier
this year at such companies as Smith &
Nephew plc, Medtronic Inc., Beckman
Coulter Inc., DePuy Orthopaedics, DJO
Global Inc. and Spectranetics Corporation.
The newest class of CEOs was named
over a six-week period in late summer,
with three of the appointments announced
within eight days of each other. Leading
the pack was Vision-Sciences Inc., an
Orangeburg, N. Y.-based manufacturer of
infection control solutions for flexible endoscopy. The company appointed Cynthia
F. Ansari as CEO on Aug. 10 and elected
her to the board.
Ansari replaced interim CEO Warren
Bielke, who is now director of strategic
initiatives. Ansari has nearly 20 years of
experience in the medical device industry.
She held a number of executive positions
at Stryker Corp., most recently serving as
vice president of global marketing.
The next Chief Executive class inductee
was Dean Tulumaris, a former Memry
Corporation CEO who is now the new
leader of Biomedical Structures, a Warwick,
R.I.-based provider of biomedical textiles
for medical devices. Company officials for-
mally announced the appointment on Sept.
12, with board chairman Randy Spencer
boasting that Tulumaris will help“acceler-
ate Biomedical Structures’s expansion of
capabilities and services for customers.”
Tulumaris seems to have a knack for ex-
panding corporate capabilities. As Memry’s
CEO, he orchestrated a“systematic”expan-
sion of the company’s production capabili-
ties, both organically and through strategic
acquisitions. His efforts, according to
Biomedical executives, helped Memry’s
revenues to nearly double in three years.
Tulumaris spent seven years as CEO of
Memry, an independent Nitinol manufacturer based in Bethel, Conn. He held two
other positions simultaneously, according
to his LinkedIn profile: chief operations officer and vice president/general manager.
Tulumaris left Memry in December 2009 to
become president of Newington, Conn.-based Aero Tube Technologies LLC, a
startup purchased earlier this year by aerospace parts maker C&P Machine Company Inc. in South Windsor, Conn. After
leaving Aero Tube in February, Tulumaris
accepted a position at Draka Cableteq USA
Inc., a North Dighton, Mass.-based manufacturer of standard and specialty cables.
The company—a division of Draka Holding N.V. in Amsterdam (the Netherlands)—operates facilities in Taunton,
Mass. (a mere three miles from its headquarters), Schuylkill Haven, Pa., and Hickory, N.C. Earlier in his career, Tulumaris
worked at MedSource Technologies Inc.
(before its June 2004 acquisition by Wilmington, Mass.-headquartered Accellent)
and Rubbermaid Home Products.
Just 24 hours after Tulumaris made his
debut at Biomedical Structures, Boston Sci-
entific bigwigs went public on Sept. 13 with
their choice for a successor to CEO J. Ray-
mond Elliott, who is set to retire on Dec. 31.
The management team named Johnson &
Johnson executive Michael Mahoney as
president, effective Oct. 17, to align with
Elliott’s departure from his day-to-day job
(he still will remain on Boston Scientific’s
board of directors as a non-executive
director, according to the company).