Alpharetta, Ga., USA - November 8, 2012, Alpharetta, Ga., USA - Sanuwave Health, Inc. announced that Christopher M. Cashman will be leaving as president, chief executive officer and director.
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Mr. Cashman joined Sanuwave as Director, President and Chief Executive Officer in December, 2005. Immediately prior, he served as President of Therapeutic Surfaces for Kinetic Concepts, Inc, a global leader in advanced wound care. He conducted a management buyout in November 2001 of Snowden Pencer, a minimally invasive surgical device manufacturer, and assumed the role of CEO and President. In March 2004, Snowden Pencer was sold to Cardinal Health.
Mr. Cashman has also served as a business unit head with Genzyme Biosurgery and held several senior sales and marketing positions with Genzyme Surgical Products and Deknatel Snowden Pencer. Mr. Cashman graduated from the United States Naval Academy in 1989 with a B.S. degree in Economics and served on a fast attack submarine as Supply Officer. He received his M.B.A. degree in 2001 from The Kellogg Graduate School of Management at Northwestern University. He will continue to serve the Company in an advisory role.
Barry J. Jenkins, the Company’s Chief Financial Officer, has been named Chief Operating Officer, and Kevin A. Richardson, II, Chairman of the Company’s Board of Directors, has been named Active Chairman of the Board, effective immediately.
Mr. Jenkins joined Sanuwave as Chief Financial Officer in April 2006. His previous position was with Automatic Data Processing (ADP), where he served as Chief Financial Officer for the Benefits Services Division. Mr. Jenkins began his career with Price Waterhouse and progressed to a Senior Manager. He was the Vice President of Finance at AHL Services. As the Chief Financial Officer at Snowden Pencer, Mr. Jenkins helped grow the corporation prior to the company being sold to Cardinal Health in March, 2004. He is a Certified Public Accountant with 25 years of financial management experience and is a Cum Laude graduate of Virginia Tech. ■