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Responsible for Sales and Clinical Services
ST. LOUIS, June 20 /PRNewswire-FirstCall/ -- Stereotaxis, Inc. (Nasdaq: STXS) announced today that it has enhanced its senior management team for North American sales and clinical services with the appointment of Louis Ruggiero as Senior Vice President, North America. Mr. Ruggiero was most recently Chief Sales & Marketing Officer at DJ Orthopedics, formerly was President and CEO of Titan Scan Technologies Corporation, and is a 10-year veteran at General Electric Medical Systems. Mr. Ruggiero will report to Michael P. Kaminski, President and Chief Operating Officer of Stereotaxis.
"Lou brings to Stereotaxis 25 years of progressive sales, marketing and general management experience in the healthcare industry," said Bevil J. Hogg, Chief Executive Officer of Stereotaxis. "His background includes sales leadership positions at both emerging and well-established medical device companies. We anticipate that Lou will play a key role, strengthening our sales effort and driving operational efficiencies. He has a track record for generating strong revenue growth and driving profits, and we believe that Lou will quickly become an important asset to our company."
Mr. Ruggiero, 48, joins Stereotaxis from DJ Orthopedics (DJO), where he served as Chief Sales and Marketing Officer and Corporate Officer from 2003 until the Company was acquired by The Blackstone Group in 2007. During his four-year tenure at DJO, Mr. Ruggiero helped the Company double sales growth to $375 million. Prior to joining DJO, Mr. Ruggiero spent four years at Titan Scan Technologies Corporation as President and Chief Executive Officer. In that time he led Titan to more than $50 million in sales, from $7 million.
Mr. Ruggiero earned his M.B.A. in General Management and Marketing at
the J.L. Kellogg Graduate School of Management at Northwestern University,
and his B.A. in Political Science and Interpersonal Communication at
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| SOURCE Stereotaxis, Inc. Copyright©2008 PR Newswire. All rights reserved |
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