Alphatiec Spine CEO Steps Down; Company Makes Other Management Changes (ODTMag)
Alphatec Spine Inc. has named James M. Corbett as the president and CEO effective May 1.Corbett, who has also been appointed to the board of directors, succeeds Leslie H. Cross, who has decided to retire. Cross will continue to serve as chairman of the board of directors. The company also announced the elimination of the position of senior vice president, U.S. commercial operations, which had been held by Thomas McLeer. In an effort to focus on growing U.S. revenue, the company said it would "optimize its organizational structure" byhaving the sales and marketing functions report directly to the president/CEO. In addition, Luke Faulstick will step down as a director."I am deeply honored to have had the opportunity to lead Alphatec on our transformational journey over the past couple of years," said Cross. "I am proud of all that we have accomplished in establishing a strong foundation for future sustainable growth and for successfully executing the plans we set forth. With this foundation and the momentum we have established, I believe that now is the right time for me to step back from day-to-day manag...
