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D. Grossman
Chairman and CEO, Nevro Corp
Professional Background
Mr. D. Grossman has over three decades of vast experience in the medical devices and supplies industry, making him a distinguished leader and innovator in this highly competitive market. His impressive career trajectory is highlighted by roles at significant corporations where he has driven remarkable growth, overseeing transformative changes that have established the companies as market leaders. Currently, Mr. Grossman serves as the Chairman and CEO of Nevro Corp. since March 2019, a company recognized for its cutting-edge neuromodulation devices that provide effective treatments for chronic pain.
Before taking the helm at Nevro, Mr. Grossman had a noteworthy history with Thoratec Corp. He was appointed CEO and President in 2014 for the second time after initially leading the firm from 1996 to 2006. During his tenure at Thoratec, he successfully grew the company's revenue from a modest $3 million to over $200 million, resulting in an impressive twelve-fold increase in market value to over $1.2 billion. His strategic leadership played a critical role in Thoratec’s acquisition by St. Jude Medical for $3.4 billion in 2015.
His earlier accomplishments include serving as CEO and President at Conceptus, Inc. from 2011 to 2013, where he revitalized the company's sales and profitability, culminating in its acquisition by Bayer Healthcare for more than $1.1 billion. Furthermore, Mr. Grossman was a Managing Director at TPG Global between 2007 and 2011, where he co-led the firm's medical device investments and provided valuable insights as a senior advisor. Prior to that, he held various significant roles at Sulzermedica and American Hospital Supply Corporation, laying the groundwork for his extensive career in the medical field.
Education and Achievements
Mr. Grossman’s educational foundation is equally impressive. He pursued a Master of Business Administration (M.B.A.) with a focus in Finance from Pepperdine University’s The George L. Graziadio School of Business and Management. This rigorous academic training has equipped him with the financial acumen and strategic thinking necessary to excel in high-stakes corporate environments. He also holds a Bachelor of Science in Animal Sciences from The Ohio State University, showcasing his diverse interests and commitment to education.
Throughout his illustrious career, Mr. Grossman has garnered numerous accolades. He was recognized in the book “Executive Intelligence: What All Great Leaders Have,” illustrating his exemplary leadership qualities. He has also been featured in various prestigious lists, including the “Business Leaders to Watch” and the “40 Under 40” in the Bay Area, underscoring his influence and leadership in the business community. In recognition of his substantial contributions, Mr. Grossman was awarded the Lifetime Achievement Award by his Medical Device CEO peers in 2017.
Board Memberships and Leadership Roles
In addition to his executive duties at Nevro, Mr. Grossman is an active member of the Boards of Directors of notable companies such as Alcon, Inc. and Outset Medical, Inc. His extensive experience also includes serving on the boards of various public companies, including Nevro, Thoratec, Conceptus, ViewRay, Inc., Zeltiq, Inc., Kyphon, and Intuitive Surgical, among others. His involvement with both public and private companies like Vyaire Medical, TherOx, Inc., Conventus, NovaSom, and many more reflects his commitment to advancing healthcare technology and supporting innovation in the medical device industry.
Mr. Grossman’s contributions extend beyond corporate roles; he is a prominent figure in his community and a mentor to upcoming entrepreneurs and leaders in the industry. His experience positions him as a trusted advisor and a valuable resource for emerging trends and developments within the medical field.
Conclusion
In summary, Mr. D. Grossman is a highly regarded leader in the medical devices industry, with an extensive career marked by transformative leadership and outstanding achievements. His education, wide-ranging industry experience, and successful track record of management at several leading companies highlight his capability as a visionary in the healthcare sector. His passion for innovation and commitment to improving patient outcomes continue to inspire those around him, solidifying his reputation as a leading authority in medical technology and healthcare management.