Steven G. Anderson, a founder of CryoLife Inc., has stepped down from leadership positions he has held at the medical device and tissue processing company.since its creation in 1984.
Anderson, 76, most recently had been executive chairman of the board of directors. The role of chairman now will be assumed by Pat Mackin, who was named president and chief executive officer effective last September, succeeding Anderson in those two roles.
CryoLife said Anderson stepped down from all positions with the company and its subsidiaries. He remained the company’s largest individual shareholder with 5.27 percent of shares outstanding as of March 2014, according to the company.
Mackin called Anderson “ a rare entrepreneur who started the company on his kitchen table in 1984.”
“Steve’s biggest contribution is the impact the company’s technologies have had on millions of cardiac and vascular patients around the world whose lives have been improved by the company he started,” Mackin said in a statement.
Anderson recently received the 2015 Georgia Bio Industry Growth Award, which honors public and private contributions to the life sciences industry.
CryoLife, which has 500 employees, is a provider of preserved human cardiac and vascular tissues, surgical adhesives and sealants, cardiac lasers and implantable grafts for cardiac and vascular reconstruction surgeries.
Mackin joined the company last year from Medtronic Inc., another medical device company, where he was president of cardiac rhythm disease management, the company’s largest operating division.
About the Author
Keep Reading
The Latest
Featured