FRANKLIN, Mass., May 17, 2012 /PRNewswire/ -- Tegra Medical is pleased to announce that Robert E. Pietrafesa has joined the company as President and Chief Executive Officer.
"We're thrilled to have Rob join the organization to lead the Tegra team," said David Belluck, Chairman of the Board at Tegra and General Partner of Riverside Partners, the majority owner of Tegra Medical. "Tegra is well positioned to serve the growing medical device outsourcing market with a terrific set of manufacturing capabilities and a dedicated workforce. Attracting a seasoned leader with Rob's broad industry knowledge and operating experience is exactly what's needed to ensure that our strategy and execution are well aligned."
Rob brings more than 16 years of experience as a President and Chief Operating Officer in medical device manufacturing; he has also held executive leadership positions in the clothing manufacturing and wholesale book industries. Most recently, Rob served as President of the InterV Division of Angiotech Pharmaceuticals after the successful sale of American Medical Instruments (AMI) to Angiotech for $785 million. During the three prior years, while he was President at the InterV Division of AMI, the firm's revenues tripled and operating income increased by 500 percent.
Earlier, Rob was a Group Vice President of Medical for the $6.2 billion Marmon Group. There, he served as chief strategist of the medical business and led the acquisition of five companies in six years. He then orchestrated a successful spinoff of most of the medical assets to create a branded device company principally owned by the private equity firm Roundtable Healthcare Partners, with Marmon continuing as an investor. In 1992 Rob assumed the leadership of B.G. Sulzle as Executive Vice President and COO. In five years, Sulzle grew revenue by $28 million by improving quality, reducing lead times dramatically and increasing exports of surgical needles from 25 percen
|SOURCE Tegra Medical|
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