Providence Medical Technology names Lane Major as new CEO

Providence Medical Technology, Inc., a Pleasanton, Calif.-based spinal fusion technology company, has appointed Lane Major as President and Chief Executive Officer. Major also joins the company's Board of Directors, according to a press release.

Major brings more than 25 years of experience in the medical device and spine industry. He most recently served as CEO of Zavation Medical Products. Before that, he co-founded K2M, Inc. in 2004 and served as COO and Chief Strategy Officer, helping scale the company through its 2014 initial public offering (NASDAQ: KTWO) and its $1.4 billion acquisition by Stryker Corp. (NYSE: SYK) in 2018. Following that acquisition, Major served as Vice President and General Manager of Stryker's Global Spine Business, overseeing approximately $2 billion in investment across spine and enabling technologies in more than 40 countries.

Art Taylor, Chairman of the Board, said Major "has built and led companies through the exact stages Providence is entering," citing his commercial-scale experience and track record of creating enterprise value.

Providence develops spinal fusion technologies, including its CORUS tissue-sparing fusion platform, which the company states is used across cervical and lumbar fusion markets. The company recently launched navigated solutions that integrate the CORUS platform with surgical navigation systems.

You May Also Be Interested In

• Providence™ Medical Technology Appoints Lane Major as President & Chief Executive Officer
• Nuwellis names Dale Brady as principal R&D engineer
• Attovia Therapeutics indicated to open at $27, far above IPO price of $17