Attached files
file | filename |
---|---|
EX-10.1 - EMPLOYMENT AGREEMENT - DYNATRONICS CORP | dynt_ex101.htm |
8-K - CURRENT REPORT - DYNATRONICS CORP | dynt_8k.htm |
Exhibit
99.1
Dynatronics Announces Christopher von Jako, Ph.D. as
New Chief Executive Officer
COTTONWOOD HEIGHTS, UT (June 26, 2018) – Dynatronics
Corporation (NASDAQ:DYNT) announced today that the
Company’s Board of Directors has appointed Christopher R. von
Jako, Ph.D., as Chief Executive Officer effective immediately. He
assumes day-to-day leadership of the Company and also joins
Dynatronics’ Board of Directors. Dr. von Jako succeeds Kelvyn
H. Cullimore, Jr., the Company’s co-founder and previous CEO.
Mr. Cullimore
continues to serve on the Board of Directors as a non-employee
director.
“After
thorough succession planning and a comprehensive search process,
the Board is pleased to have found the best individual to assume
leadership of this organization,” said Erin S. Enright,
Chairman of the Board of Directors. “This was the culmination
of a rigorous succession process that the Board initiated several
months ago. Chris has a track record of proven leadership
across multiple organizations. His experience will help shape
important strategic decisions for the organization going forward.
Also, on behalf of the Board, I would like to thank Kelvyn
Cullimore, Jr. for his many years of service
to Dynatronics and the many contributions he has made in
positioning the Company for an exciting new chapter of
growth.”
Dr. von
Jako’s selection completes a search process facilitated by
KFA Search, Inc. a leading executive search firm dedicated
exclusively to the life science industry. A large prospect pool was
narrowed by stages to a group interviewed by the Board’s
search committee and corporate leadership.
“I’m
honored and grateful to the Board for the opportunity to lead this
organization,” said Dr. von Jako. “There is an
exceptionally talented team at Dynatronics that is focused on
growing the business and helping shape the Physical Therapy,
Athletic Training, and Orthopedic markets. I’m excited to
join Dynatronics at this pivotal point in the Company’s
history.”
Before
joining Dynatronics, Dr. von Jako served as President and CEO of
NinePoint Medical, Inc., a medical imaging company in Bedford,
Massachusetts, where he successfully secured a significant
strategic investment and long-term partnership with Merit Medical
Systems, Inc. Prior to that, Dr. von Jako served as President and
CEO of NeuroTherm, Inc., a pain management business, from 2013 to
2014 until its acquisition by St. Jude Medical Corporation. From
2010 to 2013, he served as President of ActiViews, Inc. Earlier in
his career, Dr. von Jako worked in senior executive roles of
progressive responsibility with other leading medical device
companies such as Integra LifeSciences, Covidien, Medtronic, and
Radionics.
Dr. von
Jako will continue to serve as an Independent Director on the
boards of NinePoint Medical, Inc. and nView medical Inc. He earned
a double B.S. degree from Bates College, a M.S. degree from the
Massachusetts Institute of Technology, and a Ph.D. degree from the
University of Pécs Medical School. A more complete biography
of Dr. von Jako has been posted on our website, www.dynatronics.com/investors.
About Dynatronics Corporation
Dynatronics
Corporation (NASDAQ:DYNT), through its Therapy Products, Hausmann
Industries, and Bird & Cronin Divisions, designs, manufactures,
markets, and distributes advanced-technology medical devices,
therapeutic and medical treatment tables, rehabilitation equipment,
custom athletic training treatment tables and equipment,
institutional cabinetry, orthopedic soft goods, as well as other
specialty patient, rehabilitation and therapy products and
supplies. Through its various distribution channels, the company
markets and sells its products to physical therapists,
chiropractors, athletic trainers, sports medicine practitioners,
orthopedists, hospitals, clinics, and other medical professionals,
and institutions. More information including earning releases and
other financial information are available at www.dynatronics.com/investors.
Information about the company’s products and services is
available at www.dynatronics.com,
www.hausmann.com,
www.proteamtables.com,
and www.birdcronin.com.
About KFA Search
KFA
Search is a boutique executive search firm with offices in
Jacksonville, FL and San Francisco, CA, solely serving the life
sciences industry. They accept a select number of search
engagements at the Vice President level and above, enabling
meticulous focus and effort for every client assignment at each
step in the search process.
Contact:
Dynatronics
Corporation
Investor
Relations
Jim
Ogilvie
(801)
727-1755
jim.ogilvie@dynatronics.com
For
additional information, please visit: www.dynatronics.com
Like
Dynatronics on Facebook
Connect
with Dynatronics on LinkedIn