Tivity Health Announces Organizational Structure

NASHVILLE, Tenn./PRNewswire—Tivity Health®, Inc. (Nasdaq: TVTY), a leading provider of nutrition, fitness and social engagement solutions, announced today its organizational structure for the Nutrition Business Unit. Keira Krausz, President, Nutrition Business Unit, will continue to lead the Nutrition division, focused on growing the Nutrisystem® and South Beach Diet® programs for 2020. Krausz was the Chief Marketing Officer of Nutrisystem from 2013 to 2019 and was part of the leadership team who drove the growth and turnaround of the company.
Krausz is supported by a tenured leadership team, including David Burton, Chief Operating Officer, Nutrition Business Unit, who has been working in operations and product development for Nutrisystem for more than a decade; Steve Mikulak, Senior Vice President, Marketing, a seasoned marketing and five-year Nutrisystem veteran who is credited with driving digital growth and revenue per customer; and Bill MacBride, Senior Vice President, Contact Center, who has led the award-winning call center operations for Nutrisystem for the past ten years.
“One year ago today, we announced our acquisition of Nutrisystem, and with it our vision to transform the company to focus on improving health and well-being through fitness, nutrition and social engagement solutions,” said Donato Tramuto, CEO of Tivity Health. “We are firmly committed to our OE strategy for nutrition – to optimize our core business to support 2020 growth and expand to launch new revenue channels to diversify the nutrition business unit to recognize the potential of our combined organization. Nutrition Business Unit President Keira Krausz is a proven leader committed to aggressively pursuing our mission and growth opportunities. She will now report to me, and I am confident that with her leadership, we will quickly return our profitable nutrition business to growth and ensure positive momentum in 2020.”
Krausz became President of the Nutrition Business Unit in March 2019, after the acquisition of Nutrisystem by Tivity Health. Krausz is a proven direct-to-consumer, data-driven, and digital marketer. While she was CMO of Nutrisystem, overseeing all aspects of sales and marketing, revenue grew by over 90% and EBITDA more than tripled. Under her leadership, Nutrisystem, Inc. revamped its ecommerce team, built a customer experience and retention team that increased revenue per customer by nearly 30%, revitalized creative and media, and introduced and grew the South Beach Diet program.
For 2020, the Nutrition Business Unit is executing against its previously announced “optimization” strategy by introducing science-backed, effective program innovation, evolving creative to increase brand appeal and response, and significantly expanding its digital reach.
“Our 2020 program for Nutrisystem is our most innovative and on-trend in the past six years,” said Krausz. “We returned to best practices for development and in-market testing, are introducing dozens of new foods, have seen positive results for our new creative, and are on track with our media expansion. We’re also excited to re-launch the new keto-friendly South Beach Diet with fully-integrated brand, direct response, and PR efforts. The Nutrition Business Unit is well-positioned to execute on Donato’s vision, return our brands to growth and deliver shareholder value in 2020.”

CSafe’s Opens New Service Center in Memphis to Meet Increasing Demand for CSafe Active Containers

Dayton, OH—CSafe Global announces the opening of a new service center in Memphis to enhance support and service levels for the growing demand for CSafe containers from life-science customers and partners transporting temperature-sensitive healthcare products from the Mid-South region of the US.
CSafe Global, the innovation leader in active temperature-controlled container solutions for the transport of life-enhancing pharmaceuticals, is pleased to announce the opening of a new technical service center at the Memphis International Airport (MEM).
The new MEM station is now operational, servicing inbound and outbound traffic of the company’s innovative CSafe RKN and CSafe RAP active container systems. Multiple technical professionals have already been deployed to the new service facility to meet the increasing demand for CSafe containers across the region, and to provide best-in-class maintenance, calibration services, and technical support for the large fleet of active systems.
“Continuing CSafe’s passion and commitment to best serve our customers, the new MEM service center is among an expanding roster of worldwide facilities dedicated to providing high quality technical support and effortless customer interaction to meet the ever-increasing demand for our active containers.” states Tom Weir, VP of Global Operations for CSafe Global. “We are certainly proud of the new site and our ability — to keep temperatures precisely where they need to be — for shipments of life-saving pharmaceutical products.”
To verify CSafe RKN and CSafe RAP systems are of highest quality and in peak condition, all containers entering CSafe service centers are put through an industry-unique Preventative Maintenance Rebuild (PMR) program to certify optimal operational performance. This goes a long way in providing customer peace of mind, while delivering on CSafe’s promise to protect what matters most to pharmaceutical companies, so patients can receive what matters most to them.

Clearwater Debuts Best-in-Class Business Associates Cyber Risk Management and HIPAA Compliance Program

The Clear Advantage Program for Business Associates Provides Customers with Expert Guidance and Purpose-Built Software Tools to Protect Patient Data.
NASHVILLE, TN—Clearwater today announced The Clear Advantage Program for Business Associates, a special offering from the healthcare cybersecurity solutions provider, enabling its customers to implement and mature a best-in-class cyber risk management and HIPAA compliance program. Clearwater developed The Clear Advantage Program for Business Associates in recognition of the need for the partner organizations that interact with the electronic protected health information (ePHI) maintained by healthcare providers to strengthen their ability to keep the information secure.
The spotlight recently shone bright on just how important such programs are to companies deemed “business associates” under the federal HIPAA law when news surfaced of the Google- Ascension Health collaboration dubbed “Project Nightingale”. When health systems and providers work with technology and other vendor partners, the first thing they want to know is what those partners are doing to protect the exchange of personal health data.
“Business Associates, as they are classified under HIPAA, play a vital role in the U.S. healthcare system, providing innovative solutions that advance the way care is accessed, delivered, managed, and paid for,” said Clearwater CEO Steve Cagle. “Through The Clear Advantage Program, we are helping ensure that concerns over the security of new solutions don’t stifle innovation. Our best-in-class offering provides a distinct competitive advantage to our customers, broadening their value propositions by instilling trust with existing and prospective partners and demonstrating they’re serious about being good stewards of patient information.”
Cyber attacks, projected to cost the U.S. economy more than $2 trillion in 2019 alone, have hit the healthcare industry especially hard over the past several years due to the increasing availability and high value of healthcare data. In addition to costs incurred from breach-related lawsuits, addressing vulnerabilities, and loss of patient trust, The Department of Health and Human Services Office for Civil Rights (OCR) has been actively issuing fines to organizations that have failed to take steps to prevent a breach. As providers are ultimately responsible for protecting patient data, they must ensure their partners’ information systems are adequately secured.
As the leading provider of enterprise cyber risk management software and consulting services for healthcare organizations, Clearwater drew on its intimate understanding of the information security needs and requirements of providers to develop The Clear Advantage Program for Business Associates. Uber Health is one of the non-health system customers to recognize the value of Clearwater’s expertise, engaging the company to help ensure its systems and infrastructure are secure and fully compliant with healthcare industry standards. Watch this video to see how Clearwater is helping Uber Health and another health tech innovator Digital Reasoning know and address their cybersecurity risks.
As an outgrowth of that work, Clearwater developed The Clear Advantage Program for Business Associates, which provides all the elements entities that serve provider organizations need to build and mature a strong cyber risk management and HIPAA compliance capability, including:

  • Leadership from an experienced Virtual Chief Information Security Officer and/or Chief Privacy Officer where needed
  • Subscription to Clearwater’s IRM|Pro® Enterprise Cyber Risk Management Software
  • Cyber risk management program development and governance
  • HIPAA policy and procedure development and workforce training
  • Annual security risk analyses and compliance assessments
  • Ongoing compliance gap and risk remediation
  • Quarterly vulnerability scans and monitoring
  • Annual penetration testing
  • Assistance responding to provider security assessments

To learn more about The Clear Advantage Program for Business Associates, visit www.clearwatercompliance.com/who-we-serve/business-associates/.

CSafe Expands Cold Chain Offerings for the Cell and Gene Therapy Market with Launch of AcuTemp Plus Series of Temperature-controlled Packaging

Dayton, OH—CSafe Global recently expanded its passive packaging portfolio by launching the new and innovative AcuTemp Plus Series of solutions to address the temperature-controlled shipping needs of commercial pharmaceuticals, clinical trials, and emerging cell and gene therapies.
CSafe Global understands temperature control, gained from 40 years of experience in developing innovative temperature-controlled packaging — from solutions designed to transport vital pediatric vaccines to crucial life-saving cancer drugs. CSafe is known for protecting what matters most to pharmaceutical companies, so that patients receive what matters most to them.
CSafe recognizes the importance of thermally protecting shipments of life-enhancing medications as they are shipped to patients in need around the world. The criticality of temperature protection within the emerging Cell and Gene Therapy (CGT) space is further amplified due to the value and uniqueness of CGT products and the complicated supply chain. The new AcuTemp Plus Series has been developed with this in mind, and will confidently meet the evolving and increasingly demanding customer expectations for temperature performance, solution quality, and system robustness required of packaging solutions to protect shipments of novel cell and gene therapies.
“We are proud to expand our cold chain packaging offerings for the Cell and Gene Therapy market, and have focused and invested significantly in R&D to develop best-in-class solutions to meet the demanding product requirements for this emerging class of medication.” stated Patrick Schafer, CEO of CSafe Global. “Test results of the new AcuTemp Plus Series have been very impressive with temperature performances outlasting other market available solutions by a large margin.”
The AcuTemp Plus Series of packaging solutions has been designed with proprietary, high-performance ThermoCor® Vacuum Insulated Panels (VIP) to guarantee precise end-to-end control of internal payload temperatures. In addition to industry-leading performance, the innovative range has been developed with simplicity in mind, benefiting from optimized system components and solution design. The new series is also available in multiple size configurations and temperature profiles, along with different integrated track and trace options to best meet specific customer needs. Furthermore, the AcuTemp Plus Series is supported with a fully managed, end-to-end service infrastructure leveraging CSafe’s industry-unique retest and reuse program — REPAQ®.
CSafe, as an indispensable cold chain partner, is committed to innovation, continuous improvement, and unparalleled customer service. With a market-leading portfolio of both active and passive temperature-management solutions, it is CSafe’s mission to bring peace of mind to the cold chain of every life-science customer.

CSafe Global Opens New Service Centers in Switzerland and Sweden

Dayton, OH—CSafe Global, the innovation leader in active temperature-controlled container solutions for the transport of life-enhancing pharmaceuticals, is pleased to announce the opening of two new service centers in Europe to meet the ever-increasing demand for CSafe’s best-in-class active containers.
CSafe Global has announced today that it has expanded its cold chain service offerings in Europe by opening two new technical service centers — one at the Zurich Airport (ZRH) in Switzerland and one at the Stockholm Arlanda Airport (ARN) in Sweden. The addition of these new European service centers will strengthen the existing CSafe service center network within the EU, ensuring that the organization is well positioned to optimally serve the higher volume of inbound and outbound traffic of the innovative CSafe RKN and CSafe RAP active temperature-controlled containers in the European region.
The new Swiss and Swedish service center facilities will ensure that CSafe’s active containers are operating at peak system performance, keeping temperatures precisely where they need to be for vital shipments of pharmaceuticals as they are transported to patients around the world.
“As part of our continuing commitment to deliver value, effective, and quality temperature-sensitive shipping solutions to our customers across Europe, we opened the ZRH and ARN service centers to support the increasing demand for CSafe containers. We are certainly proud of CSafe’s unprecedented growth and the expansion of our active container fleet by almost 100% over the past 24 months, states Tom Weir, VP of Global Operations at CSafe. “We have more than enough capacity with our active fleet to continue with our accelerated growth strategy to expand geographically and serve our global customers with the most innovative temperature-controlled containers available”.
CSafe service centers are key to ensuring that the company’s active temperature-controlled container systems maintain the high operational standards expected for meeting the critical needs of CSafe’s life-science customers and partners across the globe. The new Zurich and Stockholm service centers will further strengthen CSafe’s commitment to deliver on its promise of protecting what matters most to pharmaceutical companies, so patients can receive what matters most to them.
To upgrade to a higher level of performance and thermal protection when shipping crucial pharmaceuticals, please visit www.CSafeGlobal.com or contact the CSafe customer service team at leasing@CSafeGlobal.com for more information.

UnitedHealthcare Extends Partnership with Tivity Health to Provide SilverSneakers to MA Group Members Through 2022

Agreement Confirms Commitment to Improve the Physical and Social Health of Members
NASHVILLE, TN/PRNewswire—Tivity Health® (Nasdaq: TVTY), a leading provider of nutrition, fitness and social engagement solutions, will continue to provide UnitedHealthcare Medicare Advantage group members with SilverSneakers® through December 31, 2022, as a result of a new agreement to extend the relationship. This contract extension will ensure that approximately 1.1 million UnitedHealthcare Medicare Advantage group members will continue to have access to the physical health and social engagement benefits offered by SilverSneakers, the nation’s leading fitness program for older adults.
Tivity Health (PRNewsfoto/Tivity Health, Inc)
Tivity Health has a long-standing relationship with UnitedHealthcare and has offered SilverSneakers to its Medicare Advantage members for 20 years. This agreement reaffirms the joint commitment of both organizations to help seniors achieve their best health by engaging in physical activity, including proprietary classes designed specifically for older adults, and by supporting the social connections that are critical to a long and healthy life.
“UnitedHealthcare’s members have been enjoying the many benefits of SilverSneakers for two decades, and we are proud to continue to partner with them to improve the health and well-being of their Medicare Advantage population,” said Steve Janicak, President, Healthcare Business Unit, Tivity Health. “This relationship underscores the strength and longevity of the SilverSneakers brand. For almost 30 years, we’ve brought our unique programming to older adults, and the program has evolved from a fitness program to an ecosystem of resources to help seniors live their best lives.”
In addition to SilverSneakers classes led by trained instructors, the program offers access to more than 16,000 fitness locations nationwide as well as SilverSneakers On-Demand video workouts and a mobile app, SilverSneakers® GOTM, at no additional cost to the member. SilverSneakers also offers members opportunities for social connection, an important component of healthy aging.
“Social isolation and loneliness are associated with a higher risk of heart disease, stroke, disability and dementia — these conditions are as detrimental to your health as smoking 15 cigarettes per day1,” said Donato Tramuto, Chief Executive Officer, Tivity Health. “SilverSneakers is a proven platform to help seniors engage socially and mitigate these risks. We’ve seen the power of social connection in improving the health of our members and we are committed to continuing to be a leader in addressing these important issues.”
In a 2018 survey of SilverSneakers members, 60 percent said they had made valuable relationships with other SilverSneakers members and 88 percent said that SilverSneakers has improved their quality of life. A Tivity Health and MIT AgeLab study published in the Journal of Applied Gerontology found that 20 percent fewer SilverSneakers members suffered from social isolation while 25 percent fewer SilverSneakers members suffered from loneliness2.
Members can determine their eligibility for SilverSneakers, find their closest participating fitness location or learn more about the program by visiting www.silversneakers.com.
About SilverSneakers
SilverSneakers®, by Tivity Health, is the nation’s leading community fitness program for older Americans. The program was founded in 1992 and is available to more than 15 million Americans through many Medicare Advantage plans, Medicare Supplement carriers, and group retiree plans. For more information, to check eligibility or to enroll in the program or sign up for a SilverSneakers newsletter, go to www.silversneakers.com.
About Tivity Health, Inc.
Tivity Health is a leading provider of nutrition, fitness and social connection solutions. With its family of healthy life-changing solutions, including SilverSneakers®, Nutrisystem®, South Beach Diet®, Prime® Fitness, Wisely Well™ and WholeHealth Living™, Tivity Health is impacting the lives of millions. By working with a diverse set of partners, including payers, healthcare practitioners and employers, to provide more opportunities to empower people to feel, do and be better, Tivity Health is transforming the way we do health. Learn more at www.TivityHealth.com.
1 Holt-Lunstad, J., Smith, T. B., Baker, M., Harris, T., & Stephenson, D. (2015). Loneliness and social isolation as risk factors for mortality: a meta-analytic review. Perspectives on psychological science.
2 Brady, S., D’Ambrosio, L. A., Felts, A., Rula, E. Y., Kell, K. P., & Coughlin, J. F. (2018). Reducing Isolation and Loneliness Through Membership in a Fitness Program for Older Adults: Implications for Health. Journal of Applied Gerontology.

CSafe Global Expands Cold Chain Offerings in China

Dayton, OH—CSafe Global is pleased to announce the opening of a new service center in Shanghai. This facility allows CSafe to extend their best-in-class support and service levels to customers transporting temperature-sensitive life-enhancing products in CSafe’s active containers to and from Shanghai and surrounding areas of China.
CSafe has expanded its cold chain service offerings in China by opening a new service center at the Shanghai Pudong International Airport (PVG), serving a higher volume of inbound and outbound traffic of the innovative CSafe RAP and CSafe RKN active temperature-controlled containers. The Shanghai location is just one of numerous service centers, across the globe, that CSafe has established to ensure the highest level of quality and system performance is provided with their active container fleet, on every lease.
“As the industry’s innovation leader in active temperature-controlled air cargo containers, demand for our market-leading CSafe RKN and CSafe RAP containers continues to grow, and we are certainly proud to meet that increasing demand with greater support out of Shanghai,” said Tom Weir, VP of Global Operations at CSafe Global. “With greater support comes greater impact in protecting life-enhancing products while they are transported to those who need them most.”
CSafe’s best-in-class service centers are responsible for performing all three levels of service required as part of CSafe’s unique Preventative Maintenance Rebuild (PMR) program. The PMR program sets the industry expectation bar high for active container performance and operational consistency. Ensuring that CSafe RAP and CSafe RKN containers are thoroughly inspected after every use, that they pass an annual validation with flying colors, and that they complete an extensive component-level series of checks every three years for part replacement, goes a long way in imparting peace of mind to customers shipping vital pharmaceuticals to patients around the world within CSafe’s range of active containers.

CSafe AcuTemp Plus Series: A New Era in Temperature-controlled VIP Passive Packaging has Begun

Dayton, OH—CSafe Global, the only provider of both active and passive temperature-controlled packaging solutions for the transport of life-enhancing biopharmaceuticals, is pleased to announce the launch of its new CSafe AcuTemp Plus Series.
For the past 40 years, CSafe Global has supported life-science companies in keeping temperatures precisely where they need to be, delivering unmatched temperature protection for their vital life-enhancing products as they ship to patients around the world. Today, CSafe is expanding its passive packaging portfolio with the launch of the new AcuTemp Plus Series to address the cold chain needs of commercial pharma, clinical trials, and cell and gene therapies. With high-performing Vacuum Insulated Panels (VIP) and single temperature phase change material (PCM), this enhanced series is optimally designed for performance, simplicity and efficiency.
“The AcuTemp Plus Series has been developed with our customers in mind, offering them the level of performance and quality they expect, while delivering the peace of mind they deserve,” stated Patrick Schafer, CEO of CSafe Global. “The new AcuTemp Plus Series represents a new era in reusable VIP passive packaging, providing an end-to-end cold chain solution with an industry-leading level of temperature performance.”
With years of experience in the cold chain packaging industry, CSafe recognizes that not all thermal solutions are created equal. CSafe developed this next-generation, high-performance packaging solution from the ultimate combination of proprietary VIP and enhanced PCM technology. Test results of the new product range have been impressive with temperature performances outlasting other market available solutions by a large margin.
CSafe understands the importance of the user experience, investing in R&D efforts to more optimally meet customer needs. All AcuTemp Plus Series solutions are designed for simplicity with minimal solution components. Additionally, the AcuTemp Plus Series has been designed for efficiency, leveraging a fully managed end-to-end retest and reuse program — REPAQ®. With this industry-first reuse program, CSafe is uniquely dedicated to thermally re-qualifying VIP panels on every parcel shipper returned, to guarantee “like new” performance of the reusable packaging solution.
As an indispensable cold chain partner, CSafe is committed to innovation, continuous improvement, and unparalleled customer service. With its industry-leading portfolio of temperature-management solutions, it is CSafe’s mission to bring peace of mind to the cold chain of every life-science customer, protecting their vital shipments, so that patients can receive what matters most to them.
Customers seeking more information about CSafe’s portfolio of passive cold chain packaging solutions should fill out our Contact form or contact their CSafe representative.

Tivity Health Launches Wisely Well to Provide Meals to Seniors

Nutrition Program to Be Offered Through Health Plans and Direct to Consumer in 2020
NASHVILLE, TN/PRNewswire—Tivity Health® (Nasdaq: TVTY), a leading provider of nutrition, fitness and social engagement solutions, will launch a meal delivery program in 2020 that will offer fully prepared meals specially designed by nutritionists to meet the dietary needs of older adults. Wisely Well™ Nutrition Solutions will support individuals and caregivers who are seeking meal convenience as well as those recovering after a hospitalization, living with chronic conditions or experiencing food insecurity. Wisely Well will be offered directly to consumers and through health plans.
Wisely Well will initially offer 25 pre-packaged meal options made with the highest quality ingredients and frozen at the peak of freshness to retain their nutrients and flavor. Options include meals that are specially formulated for those with diabetes and cardiovascular disease. The new brand is the result of Tivity Health’s acquisition of Nutrisystem earlier this year and combines decades of food development and distribution experience with Tivity Health’s expertise providing products that support overall health and well-being.
“Tivity Health acquired Nutrisystem to expand our ability to address the social determinants of health, including access to healthy food,” said Donato Tramuto, Chief Executive Officer, Tivity Health. “Hospital readmission and chronic illness are both significant drivers of higher healthcare costs. We are proud that we were able to bring Wisely Well to market quickly to meet the needs of individuals for whom a few healthy, complete meals per day can dramatically improve their health.”
In addition to being available directly to consumers, Wisely Well will be provided to eligible members through health plan partners to support patients at risk of readmission to the hospital or who are chronically ill. Hospital readmissions costs Medicare $26 billion annually, with about $17 billion spent on avoidable hospital trips after discharge1. Evidence supports using food as medicine as an effective tool to reduce 30-day readmission rates2. With Wisely Well, meals can be ordered through discharge planning or care management teams coordinating with the patients’ health plan.
Health plan members who wish to continue receiving the meals can transition to a direct pay relationship with special promotional pricing. All Wisely Well meals are designed to support the nutrition needs of seniors, with flexible program options that can also help address food insecurity in the older adult population.
“Our demographics are shifting dramatically; approximately 11,000 people turn 65 every day and Americans are living longer, creating a demand for new and innovative products to support not only older adults, but also their caregivers,” said Joe Coughlin, Ph.D., Founder and Director, MIT AgeLab. “At the AgeLab we are exploring the kinds of services needed by older adults as well as their families and caregivers to enable them to age in place. Proper nutrition and convenient access to healthy meals is fundamental, particularly for those who may be recovering from a recent hospitalization or chronically ill.”
Tivity Health serves more than 15 million eligible Medicare Advantage members through SilverSneakers, the nation’s leading fitness program for older adults, and expanded its capabilities to include nutrition when it acquired Nutrisystem in March. With the acquisition, the company broadened its focus on improving health and quality of life through physical activity, social connection, and nutrition by providing healthy, balanced food to those who need it due to food insecurity, chronic illness or short-term support after hospital discharge.
About Tivity Health, Inc.
Tivity Health is a leading provider of nutrition, fitness and social connection solutions. With its family of healthy life-changing solutions, including SilverSneakers®, Nutrisystem®, South Beach Diet®, Prime® Fitness, Wisely Well™ and WholeHealth Living™, Tivity Health is impacting the lives of millions. By working with a diverse set of partners, including payers, healthcare practitioners and employers, to provide more opportunities to empower people to feel, do and be better, Tivity Health is transforming the way we do health. Learn more at www.TivityHealth.com.
About SilverSneakers
SilverSneakers®, by Tivity Health, is the nation’s leading community fitness program for older Americans. The program was founded in 1992 and is available to more than 15 million Americans through many Medicare Advantage plans, Medicare Supplement carriers, and group retiree plans. For more information, to check eligibility or to enroll in the program or sign up for a SilverSneakers newsletter, go to www.silversneakers.com.
1 Lim, Su Lin et al. “Malnutrition and Its Impact on Cost of Hospitalization, Length of Stay, Readmission and 3-Year Mortality.” Clinical Nutrition (Edinburgh, Scotland), U.S. National Library of Medicine, June 2012, www.ncbi.nlm.nih.gov/pubmed/22122869.
2 Sriram et al. A Comprehensive Nutrition-Focused Quality Improvement Program Reduces 30-Day Readmissions and Length of Stay in Hospitalized Patients. Journal of Parenteral and Enteral Nutrition.2017; 41(3):384–391.

Minnetronix Medical Names Jeremy Maniak President and CEO

SAINT PAUL, MN—Minnetronix Medical, Inc., a leading medical technology company, today announced that the company’s President, Jeremy Maniak, will succeed founder Richard Nazarian as CEO on February 1, 2020. Maniak has held several positions at Minnetronix since joining the firm in 2010 and will continue Minnetronix’ mission to positively impact the lives of patients through medical technology.
Nazarian founded Minnetronix in 1996 along with fellow 3M veterans Dirk Smith and Jon Pierce and the company has since grown to employ over 300 people and generate annual revenues of over $100M. “I’m proud of what we’ve achieved over the past 23 years, but we’ve only scratched the surface of what this company is capable of,” said Nazarian. “Jeremy is just the right person at just the right time to build an enduring Minnetronix for years to come. I’m excited to see him take Minnetronix to even greater success.”
Maniak is a nine-year veteran of Minnetronix and was named COO in 2013. He is an experienced innovator and strategist with a background from Guidant (Boston Scientific) and Leptos Medical. Maniak has helped advance Minnetronix’ product, technology and service solutions in support of consistent double-digit growth and a rapidly evolving neuro interventional product portfolio. “Minnetronix has come a long way since its founding and Rich has positioned us really well for growth and innovation long into the future. I am excited and honored to work with this exceptional Minnetronix team that is so dedicated to positively impacting our customers and patients,” said Maniak.
Maniak will report to and join the company’s board of directors with Nazarian continuing as its Chairman.
About Minnetronix Medical
Minnetronix Medical develops technology, service and product solutions for medical device companies and patients across the globe. The company focuses on four key vertical markets: patient centered devices, fluidics, energy-based instruments and treatments, and optical systems. www.minnetronixmedical.com