SonoSite Appoints Mehran Mehrtash, Vice President, General Manager of Asia Pacific and the Middle East
August 11 2011 - 6:30AM
Business Wire
SonoSite, Inc. (Nasdaq:SONO), the world leader and
specialist in bedside and point-of-care ultrasound, today announced
the appointment of Mehran Mehrtash as Vice President and General
Manager of Asia Pacific and the Middle East. Mr. Mehrtash’s
appointment will aid in the further development of the Asia Pacific
region and the company’s plans to expand its footprint in China and
South Korea, two emerging markets with high growth potential.
“I am excited to welcome Mehran to the SonoSite team,” said Mr.
Kevin M. Goodwin, SonoSite’s President and CEO. “He has a
successful track record in the Asia Pacific region and his addition
is imperative as we sharpen our focus on expanding in China and
South Korea. With an existing appetite for new and innovative
technology in these markets, I am confident that Mehran’s
leadership will enable the company to hit our growth targets.”
“I am honored and excited to join the SonoSite team,” said
Mehran Mehrtash. “SonoSite is an impressive company with its strong
leadership and commitment to high quality patient care as well as
its innovative pipeline of new technology. The Asia Pacific and
Middle East regions offer countless opportunities for growth in the
healthcare sector. The combination of some of the world's fastest
growing economies and strong demand for high quality medical
products create an optimal environment for innovative companies to
further expand their presence and reach in these markets. I look
forward to working closely with the SonoSite team in this region to
capitalize on these attractive opportunities and enable accelerated
growth for our business.”
Mehran Mehrtash is an experienced international executive in the
healthcare industry. For the past decade, Mr. Mehrtash held
positions of increasing responsibility at ConvaTec, Inc., a leading
developer and marketer of innovative medical technologies focused
on Ostomy Care, Wound Therapeutics, Continence and Critical Care,
and Infusion Devices. He recently served as the General Manager of
the North Asia Pacific region and managed all commercial and
operational priorities for the Asia region, including: Greater
China, South Korea, India and the ASEAN markets. Among many
accomplishments, Mehran led the rapid expansion of the ConvaTec
China team, which grew from a total of 10 staff members in 2008 to
more than 100 in early 2011, resulting in a tripling of its annual
sales. The leadership team he established comprised of sales,
marketing, and functional support staff in HR, finance, regulatory,
and operations. Prior to ConvaTec, Mr. Mehrtash held managerial
positions at Goldwell/Aveda.
As part of his compensation package, Mr. Mehrtash will be
granted restricted stock units covering 22,000 shares of the
company’s stock. The restricted stock units will be granted
pursuant to the employment inducement exception to the NASDAQ rules
requiring shareholder approval of equity awards, and will be
subject to substantially similar terms and conditions that apply to
awards granted under the company’s Amended and Restated 2005 Stock
Incentive Plan. The grant of the restricted stock units will become
effective on the date that the company files an SEC Form S-8 for
the grant to Mr. Mehrtash.
About SonoSite
SonoSite, Inc. (www.sonosite.com) is the innovator and world
leader in bedside and point-of-care ultrasound and an industry
leader in ultra high-frequency micro-ultrasound technology and
impedance cardiography equipment. Headquartered near Seattle, the
company is represented by ten subsidiaries and a global
distribution network in over 100 countries. SonoSite’s small,
lightweight systems are expanding the use of ultrasound across the
clinical spectrum by cost-effectively bringing high-performance
ultrasound to the point of patient care.
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