Bothell, Wash.-based Ventec Life Systems’ board of directors has appointed Jim Alwan as president and chief executive officer, effective March 15, 2021. Alwan will also serve as a member of the Ventec board of directors.
Alwan brings to Ventec Life Systems extensive medical device leadership experience, having spent more than 25 years developing and managing healthcare products. Most recently Alwan served as the senior vice president and general manager of the hospital respiratory care business at Philips Healthcare and as the vice president, innovation and business development at Becton Dickinson. Ventec says he has delivered innovation and profitable growth in functional and operational roles in the medtech, telecommunications, and semiconductor sectors throughout startup, mid-cap, and large-cap global corporations.
“Jim brings a track record of industry accomplishment and effective leadership to Ventec,” says Ventec Life Systems Board of Directors Chairman Jim Hickey. “He has a unique blend of market knowledge, general management, and engineering skills. We are pleased that Jim has joined Ventec and look forward to significant company growth under his guidance.”
“I am delighted to join Ventec Life Systems to expand upon the unprecedented growth and remarkable progress of this team,” says Alwan. “By re-imagining respiratory therapy delivery in a uniquely integrated and connected solution, they have unlocked value that is now reshaping the respiratory care market and improving the lives of patients and caregivers.”
In 2020, Ventec increased manufacturing production 80x to lead the response to the critical care ventilator demand from the U.S. Federal Government, state governments, hospital systems, long-term care facilities, and homecare (DME) companies. Ventec is building upon the award-winning innovation of the one-of-a-kind VOCSN Multi-Function Ventilator with revenue allocated for continued enhancements and the release of VOCSN Multi-View cellular, the first and only system to provide complete patient trending and monitoring for ventilator-dependent patients across multiple respiratory therapies.
Alwan holds BS, MS, and PhD degrees in electrical engineering from the University of Illinois in Champaign-Urbana.