$8 billion Boston Scientific announced a series of management changes, designed to strengthen the medical device maker and position it for long-term success, the company announced in a press release.
Among the appointments, Jean Lance has been promoted to senior vice president and chief compliance officer and will become a member of the company's executive committee. Lance joined Boston Scientific in 1996 and was named chief compliance officer last year, charged with managing and enforcing Boston Scientific's global compliance program. Prior to that, she served as vice president and general counsel for the company's cardiovascular group.
In addition, the company announced the following other management changes:
- Jeff Capello will be promoted to executive vice president and chief financial officer, effective March 1. Capello joined the company in 2008 and has served as chief accounting officer and corporate controller.
- Tim Pratt has been promoted to executive vice president and chief administrative officer; he will continue to serve as general counsel and secretary. The company will consolidate legal, corporate communications, government affairs, human resources, and quality and regulatory affairs under Pratt, who joined the company in 2008.
- Dan Brennan has been promoted to senior vice president and corporate controller. Brennan joined Boston Scientific in 1996, and has served in a wide variety of finance roles supporting a number of the company's businesses.
- Sam Leno will be promoted to executive vice president and chief operations officer, effective March 1. He will oversee finance, information systems, manufacturing, and operations. Since joining Boston Scientific in 2007, Leno has served as CFO and executive vice president of finance and information systems.
- Andy Milani has recently been named senior vice president of human resources. Milani joined Boston Scientific in 2009 after a distinguished 28-year career as an officer in the U.S. Army, serving most recently as chief of staff for the Army's Special Operations Command.
In addition to these management changes, the company also announced a host of new restructuring initiatives, more details of which can be found here. In this capacity, Larry Neumann has been promoted to senior vice president of restructuring and integration, charged with overseeing and being accountable for all restructuring and integration activities. Neumann joined the company in 1996 and has served in a number of capacities, including head of corporate tax, business development, and investor relations.