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IRM is transforming the treatment of cardiac arrhythmias and working to save thousands of lives each year.

CORPORATE OFFICERS

BOARD OF DIRECTORS

 

CORPORATE OFFICERS

Daniel A. Pelak
President and Chief Executive Officer

Dan Pelak has a long history as a senior executive in the medical device industry, compiling a successful track record in growing young companies and corporate operating divisions. Before joining IRM, he was the chief executive officer of Closure Medical Corporation, a global leader in the development and manufacture of biomaterial-based medical adhesives, until its acquisition by Johnson & Johnson in 2005. He began his industry career at Medtronic, Inc., where he spent more than two decades. His executive assignments there included vice president of cardiovascular marketing, as well as vice president and general manager of three operating divisions: Nortech, Cardiac Surgery Technology, and Perfusion Systems. Back to top.

Terry Ransbury
Vice President, Research and Development

Terry Ransbury joined IRM in 2003 as its first employee and has played a critical role in developing the company’s intellectual property, forging agreements with technology providers, and building the company’s technical team. He filed the patents for the platform technology and implantation techniques of the intravascular device.

Ransbury brings 20 years of management and product development experience in the medical device industry to his position, including assignments at early-stage as well as Fortune 500 companies. He was the principal designer of the medical instrumentation device for programming implantable defibrillators at Ventritex, Inc. As clinical manager at BioSense, he oversaw the field introduction of the industry-standard CARTO 3D electrophysiological mapping and ablation system. Each company was acquired for more than $350 million during his tenure. He also co-founded and served as chief technology officer of Resolution Medical, Inc., which developed a high-resolution, body surface mapping system to detect, localize, and quantify arrhythmic and ischemic cardiac events. Back to top.

Stephen C. Masson
Vice President and Chief Technology Officer

Steve Masson joined IRM in 2003, leading the company’s product development, product planning, operations, and early relationships with key technology and funding partners and consultants. He draws from more than 25 years experience in the design and manufacture of implantable medical devices, including pacemakers and defibrillators.

At Ventritex, Inc., Masson served as vice president of product development, overseeing the team that created a series of highly advanced implantable cardiac devices, resulting in the company attaining as much as a 35-percent U.S. market share and more than $125 million in annual revenue. During his more than 10 years at Ventritex, he directed hardware, software, and mechanical development for principal product lines and provided operations and engineering support for products in manufacturing. Previously, he was vice president of research and development at HeartWare, Inc., a cardiac-assist device company, and developed pacemakers at Cordis Corporation. Back to top.

Benny Ward
Vice President and Chief Financial Officer

With more than 15 years of financial operations and management experience, Benny Ward joined IRM in 2006. He most recently spent more than nine years at Closure Medical Corporation, a world-leading, publicly traded developer and manufacturer of biomaterial-based medical adhesives with end-user annual revenue of approximately $125 million. He joined Closure Medical in 1996 as controller and became chief financial officer in 2000, serving as a key member of the management team from the company’s successful initial public offering through its 2005 sale to Johnson & Johnson. Before joining Closure Medical, he spent three years as an auditor for Price Waterhouse. A Certified Public Accountant, he earned bachelor’s degrees in accounting and political science from East Carolina University. Back to top.

 

BOARD OF DIRECTORS

William N. Starling, Chairman
Chief Executive Officer, Synecor, LLC

William N. Starling is Chief Executive Officer of Synecor, LLC, (Synecor) a business generator of new Life Science companies based in Research Triangle Park (RTP), North Carolina, Santa Rosa, California, and Portola Valley, California. Synecor (www.synecor.com) has significant academic, scientific, physician, venture capital, corporate, and investment banking partnerships and is focusing its efforts on the identification and development of proprietary, disruptive technologies with extraordinary market potential in the life sciences field.

As CEO of Synecor, Mr. Starling is a cofounder of BaroSense, Inc., Bioerodible Vascular Solutions, Inc., (acquired by Guidant/Abbott in April 2004), InnerPulse, Inc. (formerly Interventional Rhythm Management, Inc.), and TransEnterix, Inc., the initial four companies founded and incubated by Synecor. Mr. Starling currently serves as Chairman of the Board for BaroSense, Inc., a Menlo Park, CA - based obesity company, InnerPulse Inc., a RTP, NC - based cardiac rhythm management company, and CEO of TransEnterix, Inc., a RTP, NC - based less invasive GI Surgery company.

William N. Starling received his BS degree from the University of North Carolina at Chapel Hill and his MBA degree from the University of Southern California. He began his 29 year career in the medical technology device industry at American Edwards Laboratories (Edwards LifeSciences). He was subsequently part of the founding management team and Director of Marketing for Advanced Cardiovascular Systems, Inc. (acquired by Guidant/Abbott), and was a cofounder, Vice President and Board member of Ventritex, Inc. (acquired by St. Jude Medical). In 1992, Mr. Starling was a cofounder and Chairman of the Board of Directors and President/CEO of Cardiac Pathways Corporation (acquired by Boston Scientific Corporation), and was responsible for raising significant capital from the early venture capital period through an initial public offering in 1996.

Mr. Starling has been primarily responsible for raising over $275 million in private and public capital for the companies that he has co-founded and the combined revenues of these companies exceeds $1 billion annually. In addition to the companies that he has co-founded, Mr. Starling has made private investments in the initial equity financings of over 40 startup companies and has served/is a Board member in over 20 early stage life science companies. Mr. Starling also serves as an independent, outside Director of AMI-Semiconductor, Inc. (NASDAQ:AMIS), a key vendor for InnerPulse, Inc.

Mr. Starling serves on the Kenan-Flagler Business School's Board of Visitors at the University of North Carolina at Chapel Hill and the External Advisory Board of the Stanford Stroke Center at the Stanford University Medical Center. Back to top.

Nathan Every, M.D., Director
General Partner, Frazier Healthcare Ventures

Dr. Nathan Every is a cardiologist who evaluates opportunities in biotechnology and medical devices for Frazier Healthcare Ventures. He joined the firm in 1999, became a partner in 2001, and was instrumental in the formation of incubator Synecor LLC. Previously, he was an associate professor of medicine and the director of the Cardiovascular Outcomes Research Center (CORC) at the University of Washington.

Every has served on the executive committees of multiple randomized clinical trials in cardiovascular medicine, including the COURAGE trial funded by Merck & Co., Inc., and the OPUS trial funded by Johnson & Johnson. His findings have been published in more than 50 scientific publications, including The New England Journal of Medicine, JAMA, and The Lancet. He serves on national committees for the American College of Cardiology, American Heart Association, and U.S. Department of Veterans Affairs. Board certified in internal medicine and cardiovascular medicine, he earned his medical degree from Emory University and master’s degree from the University of Washington’s School of Public Health. Back to top.

John Maroney, Director
General Partner, Delphi Ventures

John Maroney focuses on medical device and diagnostic investments for Delphi Ventures. Before joining the firm in 2003, he was president and chief executive officer of EndoTex Interventional Systems, Inc. He previously held a variety of senior management positions, including president and general manager of EP Technologies, and vice president of operations at both Boston Scientific Corporation and Cardiovascular Imaging Systems (CVIS). While at CVIS, he was a key member of the senior management team during the company’s initial public offering and eventual acquisition by Boston Scientific. In addition to his IRM duties, he serves on the board of directors of TriVascular, Inc., and as chairman of the board of EndoTex. He earned a bachelor’s degree in mechanical engineering from the University of California, Davis. Back to top.

John Onopchenko, Director
Vice President, Johnson & Johnson Development Corporation

John Onopchenko oversees Johnson & Johnson Development Corporation’s cardiovascular portfolio across all healthcare categories, currently managing investments in 20 companies located primarily in the Western United States. Over the last 20 years, he has progressively increased his responsibilities through the successful development and commercialization of six new-to-the-world technologies, including surgical stapling, endoscopic surgery, medical lasers, and magnetic resonance imaging/spectroscopy. His global leadership experience includes general management, business and product development, operations and supply chain management, and marketing and sales management. He received a master’s degree in business from the University of Chicago and completed the Advanced Management Program at the University of Oxford. He is a member of the Licensing Executive Society and a registered representative with the National Association of Securities Dealers. Back to top.

Daniel A. Pelak, Director
President and Chief Executive Officer, IRM, Inc.
See above.

Thomas Prescott, Director
President and Chief Executive Officer, Align Technologies, Inc.

Before joining Align Technologies in 2002, Thomas Prescott was president and chief executive officer of Cardiac Pathways, Inc., and a consultant to Boston Scientific Corporation after its 2001 acquisition of the company. He previously held various sales, general management, and executive positions with Nellcor Puritan Bennett, Inc., management positions at GE Medical Systems, and sales, marketing, and management positions at Siemens. He also serves as a director of privately held R2 Technologies, Inc. He earned a master’s degree from Northwestern University’s Kellogg Graduate School of Management and a bachelor’s degree in civil engineering from Arizona State University. Back to top.

Richard S. Stack, M.D., Director
Founder and President, Synecor LLC

In addition to founding Synecor, Dr. Richard Stack has been a prolific educator, researcher, and inventor for more than 20 years. Since 2003, he has been a professor emeritus of medicine in cardiology at Duke University Medical Center, where he completed his fellowship training in cardiology in 1982 and spent his entire academic career. He has authored 360 manuscripts, book chapters, and abstracts, been a principal or co-principal investigator for three National Institutes of Health grants, and received multiple research awards, including the International Award for Best Experimental Researcher in 1995 from Thoraxcenter, the Netherlands. He holds 25 current worldwide patents, with 35 more currently pending for a variety of vascular and therapeutic devices. Back to top.

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