Shawn McCormick - Independent Medical Devices Executive and Board Director

Professional Overview

Shawn McCormick is an experienced medical devices executive and board director with a strong track record of driving strategic growth and operational excellence. He currently serves on the advisory board of Vensana Capital and as a board member for several innovative medical technology companies, including Inspire Medical Systems and Nevro. With his deep industry expertise and proven leadership capabilities, McCormick provides valuable insights and guidance to help guide these organizations through critical stages of development and expansion.

Current Roles

Advisory Board Member, Vensana Capital (2019 - Present)

• Provides strategic counsel and industry expertise to the Vensana Capital investment team

• Advises on investment opportunities and portfolio company performance in the medical technology sector

• Leverages extensive executive and board-level experience to support value creation initiatives

Board Member, Inspire Medical Systems (2017 - Present)

• Serves on the board of directors of this innovative medical device company, focused on the treatment of sleep apnea

• Contributes to the strategic direction and oversight of the company's growth and commercialization efforts

• Draws upon his financial and operational expertise to help guide the company's decision-making

Independent Medical Devices Executive and Board Director, ST McC, LLC (2016 - Present)

• Operates as an independent consultant and board director, leveraging his extensive industry knowledge and leadership skills

• Advises medical technology companies on strategic initiatives, operational improvements, and corporate governance

Board Member, Nevro (2014 - Present)

• Serves on the board of directors of this pioneering medical device company, focused on the development of innovative spinal cord stimulation solutions

• Provides guidance on the company's long-term strategy, commercialization efforts, and financial management

Career Progression

Prior to his current roles, McCormick held several executive positions within the medical technology industry, including:

• Chief Financial Officer, Aldevron (2020 - 2022)

• Chief Financial Officer, Tornier USA (2012 - 2015)

• Chief Operating Officer, Lutonix, Inc. (2011 - 2012)

• Executive Vice President and Chief Financial Officer, ev3 (2009 - 2010)

• Vice President, Corporate Development, Medtronic (2008 - 2009)

• Vice President, Finance Medtronic Spine & Biologics, Medtronic (2002 - 2007)

Throughout his career, McCormick has demonstrated his ability to drive growth, improve operational efficiency, and navigate complex regulatory environments. He has played a key role in the success of several medical technology companies, contributing to their strategic direction, financial management, and operational transformation.

Academic Background

McCormick holds a Bachelor of Science degree in Accounting from the University of North Dakota. He is a certified public accountant (CPA) and has honed his financial expertise through his early career experience as an auditor at KPMG Peat Marwick.

Areas of Expertise

• Medical device industry strategy and operations

• Financial management and capital allocation

• Regulatory compliance and quality assurance

• Mergers, acquisitions, and corporate development

• Board-level governance and strategic oversight

Professional Impact

Throughout his career, McCormick has made significant contributions to the medical technology industry. He has been instrumental in driving the growth and success of various medical device companies, helping them navigate complex market dynamics, regulatory environments, and operational challenges. His deep industry knowledge, strong financial acumen, and strategic leadership have been invaluable in guiding these organizations towards their goals and delivering positive outcomes for shareholders and patients.

Conclusion

Shawn McCormick is a seasoned medical devices executive and board director with a proven track record of driving strategic growth and operational excellence. His diverse experience, industry expertise, and strong leadership capabilities make him a valuable asset to the companies he serves. As he continues to lend his expertise to advisory and board roles, McCormick remains committed to advancing the medical technology industry and creating lasting value for his stakeholders.