MOUNTAIN VIEW, Calif., April 11 /PRNewswire/ -- 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 Executive Officer of the company. The new appointment was effective April 8, 2008.
Ms. Sainz brings to Concentric almost twenty years of experience in the cardiovascular medical technology area. Most recently she was President of the Cardiac Surgery division of Guidant Corporation and led the transition and integration of the Cardiac Surgery division into Boston Scientific following the merger of the two companies. Prior to that, Ms. Sainz served as Vice President, Global Marketing of the Vascular Intervention division of Guidant, which followed her assumption of increasingly broad leadership roles for Guidant in both the United States and in Europe. Ms. Sainz also serves on the board of two healthcare technology companies.
"We are excited to have an executive of Maria's caliber and experience as the new CEO of Concentric," said Robert Thomas, Chairman of the company's Board of Directors. "She has the leadership and experience necessary to accelerate Concentric's rate of growth and to take Concentric to a new level of success."
Ms. Sainz succeeds Gary Curtis, who served as the Chief Executive Officer of the company since July 2002 and who recently decided to step down after 40 years in the medical device industry. Mr. Curtis said, "I am deeply proud of all that we have accomplished at Concentric Medical over the past five and a half years. Now is the appropriate time to transition to new leadership that will take the company to the next level."
About Concentric Medical
Concentric Medical is located in Mountain View, California, and was founded in August 1999. The company manufactures and markets the Merci Retrieval System(TM), which is available in over 250 leading stroke centers around the world. Concentric Medical estimates that over 8,000 patients have been 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.