Cardiac Network names new interim CEO

Zev Helfer, the company’s co-founder and former president and CEO, will take over the role of executive vice president, worldwide marketing and sales, in order to better focus on the company’s expansion and new strategic initiatives.

Mr Swartzburg’s responsibilities will include implementing the next phase of Cardiac Network’s marketing and product initiatives, securing funding for the company’s growth and ability to service existing and new contracts, bolstering the company’s executive management team with seasoned medical industry professionals and overseeing the company’s compliance and investor relations functions.

Mr Swartzburg brings an extensive finance and business background to Cardiac Network, having actively participated in several mergers ranging in size from multi-millions to billions of dollars, as well as numerous mergers, acquisitions, and initial public offerings.

Mr Swartzburg also brings to Cardiac Network industry-specific experience having previously served as the director of finance for Align Technology, a medical device company engaged in the design, manufacture and marketing of invisible orthodontic product.

Mr Helfer said: “Michael brings a wealth of experience to Cardiac Network that we believe will take the company to the next level of growth. His experience in the areas of venture funding, finance and operations for public companies, combined with his demonstrated successes in previous positions, make him a valuable addition to the executive management team.”