Michael P. Simpson Joins Small Bone Innovations as President and CEO (press release)
Small Bone Innovations, Inc. (SBi), a leading, privately held orthopedics company focused exclusively on arthroplasty and joint-related trauma technologies and treatments for the small bones and joints, has appointed Michael P. Simpson as President and Chief Executive Officer, effective February 21, 2012.
Mr. Simpson's appointment enables Anthony G. Viscogliosi, SBi's Founder, Chairman and CEO since 2005, to step up to the new position of Executive Chairman. Mr. Simpson held several senior executive positions during his nine year career at Orthofix, Inc., a unit of Orthofix International NV.
Mr. Viscogliosi said: "SBi's revenues, excluding discontinued products, have been growing at a compound average annual growth rate of 27 percent during the period 2006-2011, achieving critical mass in terms of balance sheet, revenues, product portfolio and a distribution network serving 41 countries. Having established and secured this platform for continuing growth and profitability, SBi's Board of Directors and I decided that we had reached the point where an executive seasoned in growing a critical mass plat...
