OMNI announces Richard D. Randall has been appointed Chief Executive Officer, effective immediately. George Cipolletti will remain intimately involved in the OMNI business, transition into the role of Chief Technology Officer, and remain on the Board of Directors.
Mr. Randall brings more than 25 years of broad chief executive experience running emerging medical device firms. Businesses under his direct leadership have achieved $1.5 billion in value creation from initial public offerings of stock or mergers and acquisitions.
George B. Cipolletti commented, "I am thrilled to be able to transition my CEO responsibilities to Rick and am confident that he is the right choice at this critical time to continue our efforts in creating products and technologies that deliver the best possible outcomes for patients. The OMNI family and our Board of Directors have expressed their complete support for Rick and his ability to lead OMNI into a bright future."