KNOXVILLE, Tenn., January 18, 2024–(BUSINESS WIRE)–ChoiceSpine LLC, a medical machine firm in Knoxville, Tennessee, and privately held by Altus Capital Companions, proclaims that Marty Altshuler and Rick Henson, founders and Co-Presidents of ChoiceSpine, transitioned to Government Advisor roles following 18 years of main the corporate. Conjointly, efficient January 01, 2024, the Board of Administrators for ChoiceSpine, LLC chosen Stephen Ainsworth, Government Vice President of Technique and Expertise, and Andy Broyles, Chief Monetary Oﬃcer, to succeed Mr. Altshuler and Mr. Henson as Co-Presidents of ChoiceSpine. Mr. Altshuler and Mr. Henson will stay with ChoiceSpine, serving on the Board of Administrators and as advisors to the Government Crew. This strategic transfer is poised to reinforce the corporate’s revolutionary edge and continued development within the spine market.
“It has been nice to work with and recruit such a proficient and passionate group of staff all through ChoiceSpine, who proceed to advance the ﬁeld of spinal fusion surgical instrumentation expertise so considerably because the firm’s inception,” mentioned Mr. Altshuler.
“Since 2006, now we have continued to strengthen our place because the innovation chief within the spine business whereas increasing our product and expertise platforms by way of vital product launches,” Henson mentioned.
Mr. Ainsworth, Co-President, joined ChoiceSpine as Vice President of R&D in 2015 after which served as Government Vice President of Technique and Expertise, liable for R&D, Medical, Regulatory, Operations, and Worldwide Enterprise. Having over 25 years of expertise in medical machine design, technique, and commercialization, Steve is a seasoned govt who continues to drive innovation. He acquired a BS in Mechanical Engineering from Rensselaer and an MS and PhD in Bioengineering from Clemson College.
Mr. Broyles, Co-President, beforehand served as the corporate’s Chief Monetary Oﬃcer from 2019 by way of 2023. Earlier than becoming a member of ChoiceSpine, Andy gained 22 years of expertise in ﬁnance, operational, and strategic roles throughout a various set of industries and firms, together with healthcare accounting and consultancy ﬁrm – PYA, Ruby Tuesday, Scripps Networks, and most not too long ago as Senior Vice President of International Enterprise Companies for Discovery Inc. Andy holds an MBA and a BS in Accountancy diploma from East Tennessee State College.
“ChoiceSpine is in a superb place because of Rick and Marty’s exhausting work and dedication. We simply had our greatest yr in firm historical past. Andy and I look ahead to working with the unimaginable ChoiceSpine workforce as we proceed to develop and increase our enterprise,” explains Stephen Ainsworth, Ph.D.
Andy Broyles commented, “It’s a true privilege to companion with Steve and construct on the legacy that Marty and Rick established because the founding of ChoiceSpine of offering revolutionary expertise options and superior service to our distributor and surgeon companions in order that they will, in flip, present optimum affected person care of their communities.”
ChoiceSpine presents a wide range of surgeon-focused product strains designed to be protected, eﬃcient, and simple to make use of. The corporate’s latest diﬀerentiating applied sciences embrace a household of titanium spinal implants utilizing 3D printing or additive manufacturing course of that includes ChoiceSpine’s proprietary porous BioBond® constructions, a number of cervical fusion choices together with a pre-assembled deployable anchor system, lumbar units together with a stand-alone, screw-based anterior lumbar interbody fusion (ALIF), sacroiliac (SI) joint ﬁxation system, and a corpectomy machine which is one among only some out there vertebral physique substitute (VBR) units which can be FDA 510(okay) cleared for on-label use within the cervical spine.
For extra data, please go to www.choicespine.com.
Altus Capital Companions is a personal fairness ﬁrm that controls investments in middle-market manufacturing companies. An unique deal with manufacturing offers Altus Capital Companions a novel understanding of the alternatives and challenges firms face within the sector, because the ﬁrm makes use of a affected person, considerate funding method and seeks to companion with working firms’ administration groups to attain development.
For extra data, please go to www.altuscapitalpartners.com.
Ron Moore, Senior Director of Advertising