Salkin joins former colleague Tom Daulton to provide strategic leadership as Devicor looks to make its first major acquisition
PLEASANT PRAIRIE, Wis., May 5 /PRNewswire/ -- Devicor Medical Products, LLC, today named Jonathan Salkin to serve as Executive Vice President, Corporate Development & Strategy. Salkin's most recent experience as a Managing Director at the Royal Bank of Scotland plc is highlighted by his successful launch of that Bank's first healthcare investment banking group globally. Prior to that, as Vice President of Corporate Development for Cardinal Health, Salkin was instrumental in strategic planning, mergers and acquisitions for Cardinal's $10 billion Medical Products & Services group.
It was at Cardinal that Salkin first connected with Tom Daulton, Devicor's CEO. "Jon brings the perfect blend of disciplines to Devicor," said Daulton. "His combined experience in the worlds of finance, strategy and healthcare will drive us forward as we work to build a market-leading medical device company."
Based in the New York City area, one of Salkin's primary responsibilities will be to work with Daulton to secure Devicor's initial platform acquisition as the company looks to acquire established interventional medical device businesses that manufacture and sell products to clinicians in settings such as hospitals, surgery centers, or physician offices. Beyond that, Salkin will work on strategic initiatives including subsequent mergers, acquisitions, and other collaborative endeavors; he is expected to take a leadership role in running certain segments of the day-to-day operations; and he'll serve on Devicor's Board of Directors.
"Having previously worked with Tom to successfully build a fast-growing, profitable business, I am thrilled to once again be his partner as Devicor deploys its substantial funding into products and companies that are advancing the field of interventional
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