People: Electromed Inc (ELMD.A)

ELMD.A on American Stock Exchange

1.38USD
21 May 2013
Price Change (% chg)

$0.03 (+2.22%)
Prev Close
$1.35
Open
$1.38
Day's High
$1.41
Day's Low
$1.38
Volume
900
Avg. Vol
1,141
52-wk High
$2.83
52-wk Low
$1.12

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Summary

Name Age Since Current Position

Stephen Craney

68 2012 Independent Chairman of the Board

Kathleen Skarvan

56 2012 Chief Executive Officer

George Winn

75 2012 Vice Chairman of the Board

Jeremy Brock

33 2011 Chief Financial Officer

James Cassidy

54 2012 Chief Operating Officer

Craig Hansen

63 1995 Director

William Eckles

37 2011 Independent Director

Thomas Hagedorn

68 1997 Independent Director

Darrel Kloeckner

55 2010 Independent Director

Biographies

Name Description

Stephen Craney

Mr. Stephen H. Craney is Independent Chairman of the Board of Electromed, Inc. Since 1984, Mr. Craney has founded and operated a number of companies, including RiverSide Electronics, Ltd., RiverBend Electronics, Ltd., RiverStar, Inc., and JMW Enterprises, Inc. Before becoming an entrepreneur, Mr. Craney worked as an engineer, having earned an electrical engineering degree from the University of Wisconsin-Madison. Mr. Craney is also an active member of a number of community groups, such as the Winona Historical Society.

Kathleen Skarvan

Ms. Kathleen S. Skarvan is appointed as the Chief Executive Officer of Electromed, Inc. Ms. Skarvan served as Vice President of Operations at OEM Fabricators from November 2011 until October 2012. Prior to her position with OEM Fabricators, Ms. Skarvan served in various roles at Hutchinson Technology Incorporated, most recently as the President of the Disk Drive Components Division from April 2007 until March 2011. Ms. Skarvan also served as a Senior Vice President of Hutchinson Technology Incorporated from December 2010 to March 2011, and as Vice President of Sales & Marketing of the Disk Drive Components Division from October 2003 until April 2007.

George Winn

Dr. George H. Winn DDS, is Vice Chairman of the Board of Electromed Inc. He has practiced dentistry with emphasis in orthodontics and facial pain management in New Prague, MN, for forty-six years. He is a graduate of Mankato State College, B.A., the University of Minnesota, B.S., and the University of Minnesota School of Dentistry, Doctor of Dental Surgery. He has served as an associate clinical professor in the Department of Operative Dentistry and participates in a medical ethics program of the American College of Dentists at the School of Dentistry, University of Minnesota.

Jeremy Brock

Mr. Jeremy T. Brock, CPA, is Chief Financial Officer of Electromed, Inc. Prior to joining the Company, Mr. Brock spent five years with the CPA firm CliftonLarsonAllen LLP. While with CliftonLarsonAllen, he focused on performing and managing audit and tax engagements in the manufacturing, distribution and technology sectors. As a Certified Public Accountant, Mr. Brock has also worked on strategic business planning, risk assessments, and the design and implementation of internal controls. Mr. Brock brings additional management and leadership experiences from his time serving in the United States Marine Corps from 1998 to 2002. Mr. Brock has a Bachelor of Arts degree in Accounting and Finance from the University of Northern Iowa.

James Cassidy

Dr. James J. Cassidy, Ph.D., is Chief Operating Officer of Electromed, Inc. Dr. Cassidy has international management experience in the medical device industry. From March 2010 to May 2011, Dr. Cassidy offered business development and technology consulting services to the medical device industry through TransAtlantic Medical Device Consulting, LLC, an entity which he founded. Prior to that, Dr. Cassidy was the Chief Operating Officer of Vertebral Technologies, Inc. from June 2009 to February 2010 and the Vice President of Development for ApaTech, Ltd. from September 2004 to February 2009. Dr. Cassidy has also served as the Chief Executive Officer of start-up companies in the U.S. (CERAbio) and Europe (Cartificial). In addition, Dr. Cassidy serves as a general partner of Epic BioVentures, LLC, a company that invests in and advises medical technology businesses. Dr. Cassidy has a doctorate in Biomedical Engineering from Case Western Reserve University and an MBA from the University of Memphis.

Craig Hansen

Mr. Craig N. Hansen is Director of Electromed Inc. Mr. Hansen is the Vice President of Research and Development and a director of Hansen Engine Corporation. Mr. Hansen has been with Hansen Engine Corporation since 1977. He is a graduate of Western Iowa Technical School. He has more than forty patents in several fields with numerous additional patents pending. The patents that Mr. Hansen has assigned to the Company form the technical basis for the Electromed SmartVest System.

William Eckles

Mr. William V. Eckles is Independent Director of Electromed Inc. Mr. Eckles has served as the President and Chief Executive Officer of Blue Earth Valley Communications, Inc. since 2003. He also serves as a director of First Bank Blue Earth, FNB Bancshares, Inc. (Blue Earth, Minnesota), and Hector Communications Corporation (New Ulm, Minnesota). Mr. Eckles received his undergraduate degree from the University of St. Thomas in 1999, and received an MBA from the University of St. Thomas in 2007.

Thomas Hagedorn

Mr. Thomas M. Hagedorn is Independent Director of Electromed Inc. He has also served for approximately fifteen years as president of entities in a of real estate and mortgage companies headquartered in Northern Virginia; namely Premium Financial Services, Premium Realty Ltd., and Premium Title Services, a mortgage company, real estate brokerage company, and title insurance company, respectively. As president of these entities Mr. Hagedorn manages all aspects of the companies’ activities, including managing between one to five employees in each company, maintaining records and funds with respect to escrow accounts of clients, and coordinating responses in connection with regulatory audits of the escrow accounts managed by each company. Mr. Hagedorn has also been a founding investor for various start-up ventures, including Hansen Engine Corporation, as well as several energy companies where new technology is a principal factor. Mr. Hagedorn is a former member of the Minnesota State Legislature and the U.S. Congress, representing southern Minnesota.

Darrel Kloeckner

Mr. Darrel L. Kloeckner is Independent Director of Electromed, Inc. Mr. Kloeckner has been self-employed as a business consultant to privately held corporations since 1995. Before that, Mr. Kloeckner worked as a certified public accountant, providing consulting, accounting and tax services to privately held corporations and their owners. Mr. Kloeckner holds an accounting degree from the University of Minnesota.

Basic Compensation

Name Fiscal Year Total

Stephen Craney

--

Kathleen Skarvan

--

George Winn

--

Jeremy Brock

135,512

James Cassidy

214,009

Craig Hansen

--

William Eckles

--

Thomas Hagedorn

--

Darrel Kloeckner

--
As Of 29 Jun 2012
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