Zavation Medical Products Announces Brian K. Hutchison as Newest Member of its Board of Directors
Jackson, MS (June 20, 2018) - Zavation Medical Products (“Zavation” or “the Company”), a LongueVue Capital Partners (“LVC”) portfolio company that designs and manufacturers high-quality spinal implants, instruments, and biologics, announced today that Brian K. Hutchison has joined its Board of Directors.
Zavation Chairman and LVC Managing Partner Rick Rees stated, “My colleagues and I are excited to welcome Brian to the Zavation family. His extensive relationships and leadership experience building orthopedic and spine businesses, first at Stryker and then as CEO of RTI Surgical, will be an invaluable resource to our team. Ultimately, his relationships are a testament to his character, which makes him a great addition to the Board of Directors. We look forward to benefiting from his accomplished career within the orthopedics and spine industry.”
“Brian has been in our shoes before and will serve as a valuable strategic resource as Zavation continues to grow,” said Jeffrey Johnson, Founder and CEO of Zavation. “But, more importantly, Brian is a cultural fit who shares our vision and understands that our priority is providing excellent customer service and quality products.”
Hutchison added, “I am delighted to join Zavation, a high growth and innovative spine company with a full-bag of products. I’ve admired Jeffrey and his team for many years, as they’ve managed remarkable growth without sacrificing customer service. I look forward to supplementing the team to further accelerate the Company’s growth trajectory.”
Hutchison brings 30 years of healthcare industry experience with him to Zavation. Most recently, Hutchison retired after serving 15 years as the Chief Executive Officer of RTI Surgical, Inc. (NASDAQ: RTIX). At RTI Surgical, he grew annual revenue from $55 million to $300 million, positioning the company as a leader in advanced biologic products. As CEO, Hutchison successfully merged RTI Surgical with Tutogen Medical in 2013 and subsequently acquired Pioneer Surgical Technologies. From 2014 to 2016, RTI Surgical was recognized as one of the fastest-growing spine companies in the world, with nearly 20% quarter-over-quarter growth.
Before RTI Surgical, Hutchison held various positions at Stryker Corporation, including serving as President of its Medical Division and Vice President of Worldwide Product Development and Distribution.
Hutchison currently serves on the Board of Directors of the University of Florida Research Foundation. He received a BBA with a focus in Accounting from Grand Valley State University in 1981 and attended Harvard Business School’s Program for Management Development in 1995.
About LongueVue Capital:
Founded in 2001, LongueVue Capital is a New Orleans-based private equity firm that focuses on providing human capital, financial capital, and a skill set built upon a successful 18-year track record of partnering with entrepreneurs and management teams to drive value creation in middle market companies. Having managed over $500 million of capital spanning three funds coupled with 150 years of combined operating and investing experience, our team is the ideal partner for middle market companies at inflection points and seeking to maximize value.
Our opportunistic investment strategy provides the flexibility to partner with attractive businesses across a variety of industries and situations, and we tailor transaction structures to meet the company and stakeholders’ objectives. While we are selective with our investment strategy, we target growth-oriented companies with scalable, sustainable business models and exceptional leadership teams.
Our proactive, hands-on approach enables us to be thoughtful stewards of our portfolio companies and trusted and dependable strategic partners to all stakeholders. Together with our entrepreneur and management team partners, we help create superior value for our portfolio companies and investors.
To learn more about LongueVue Capital, please visit our website at www.lvcpartners.com.
For inquiries, please contact email@example.com or call 504.293.3600.