MOUNTAIN VIEW, Calif., April 11 Concentric Medical, Inc.,the global leader in devices for clot removal in ischemic stroke patients,today announced that Maria Sainz has been named President and Chief ExecutiveOfficer of the company. The new appointment was effective April 8, 2008.
Ms. Sainz brings to Concentric almost twenty years of experience in thecardiovascular medical technology area. Most recently she was President of theCardiac Surgery division of Guidant Corporation and led the transition andintegration of the Cardiac Surgery division into Boston Scientific followingthe merger of the two companies. Prior to that, Ms. Sainz served as VicePresident, Global Marketing of the Vascular Intervention division of Guidant,which followed her assumption of increasingly broad leadership roles forGuidant in both the United States and in Europe. Ms. Sainz also serves on theboard of two healthcare technology companies.
"We are excited to have an executive of Maria's caliber and experience asthe new CEO of Concentric," said Robert Thomas, Chairman of the company'sBoard of Directors. "She has the leadership and experience necessary toaccelerate Concentric's rate of growth and to take Concentric to a new levelof success."
Ms. Sainz succeeds Gary Curtis, who served as the Chief Executive Officerof the company since July 2002 and who recently decided to step down after 40years in the medical device industry. Mr. Curtis said, "I am deeply proud ofall that we have accomplished at Concentric Medical over the past five and ahalf years. Now is the appropriate time to transition to new leadership thatwill take the company to the next level."
About Concentric Medical
Concentric Medical is located in Mountain View, California, and wasfounded in August 1999. The company manufactures and markets the MerciRetrieval System(TM), which is available in over 250 leading stroke centersaround the world. Concentric Medical estimates that over 8,000 patients havebeen treated with its devices. For more information about Concentric Medical,please visit http://www.concentric-medical.com.
Media Contact: Andrew Gordon
SOURCE Concentric Medical, Inc.