August 23, 2014 3:47 AM ET

Healthcare Equipment and Supplies

Company Overview of Tenex Health, Inc.

Company Overview

Tenex Health, Inc. develops and markets therapies for the treatment of tendon pain due to trauma or repetitive motion injuries. It offers Focused Aspiration of Scar Tissue procedure and Tissue Removal System for the treatment of pathologic soft tissue and other musculoskeletal structures of the elbow, knee, ankle, foot, and shoulder; and tendon and soft tissue injuries. The company was founded in 2009 and is based in Lake Forest, California.

26902 Vista Terrace

Lake Forest, CA 92630

United States

Founded in 2009

Phone:

949-677-8010

Key Executives for Tenex Health, Inc.

Chief Executive Officer
Executive Chairman
Age: 56
Founder
Interim Chief Financial Officer and Director
Chief Medical Officer and Member of Medical Advisory Board
Compensation as of Fiscal Year 2014.

Tenex Health, Inc. Key Developments

Tenex Health Appoints Two New Board Members

Tenex Health announced that Al de Molina and Gary Holmes have been appointed to the company's board of directors. Mr. de Molina, Partner at VCI Partners, is former CEO of GMAC/Ally, and former CFO of Bank of America. Mr. Holmes is President and CEO of CSM Corporation.

Tenex Health, Inc. Announces Management Changes

Tenex Health, Inc. announced that Doug Kohrs, a current member of the Board of Directors, will assume the role of Executive Chairman effective immediately. Mr. Kohrs brings significant operating experience to his new role as Executive Chairman at Tenex Health. He has over 30 years experience in the medical device industry and has spent 15 of those years as a chief executive of public and private companies. Doug has formerly served as CEO of Tornier, CEO of American Medical Systems, and was a founding member of Spine-Tech. Over his successful career in medical devices he has also served on the Board of Directors of fifteen different medical device companies. Current Board Chairman Ivan Mijatovic will remain on the Board of Directors. In addition, Ivan will assume the role of Chief Financial Officer on an interim basis and will oversee the search for a permanent CFO.

Tenex Health Announces Executive Changes

Tenex Health announced that Jay Hallinan has been appointed as its new Chief Executive Officer effective October 21, 2013. Jay brings the global sales and marketing experience to aggressively expand its current commercial channels with a disciplined focus on execution. Prior to accepting the CEO role at Tenex Health, Mr. Hallinan served in a senior executive sales position at Stryker Neurovascular. Additionally, Mr. Hallinan has held a number of leadership positions with 3M, Medtronic, and Boston Scientific. Tenex Health's current CEO and Founder Jagi Gill, PhD will remain with the company and assume the role of Chief Scientific Officer. In this role Dr. Gill will work to leverage the technology platform and build a robust product portfolio. He will also remain on the Board of Directors.

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