VitalPath Chief Commercial Officer Rich Rivard [Photo courtesy of VitalPath]
Rivard was previously chief commercial officer at Vantedge Medical until May, citing the “difficult decision to step away … to prioritize my family.” (Vantedge named his replacement in June.) He has also held executive roles at Heraeus Medevio and Donaldson Co.
New Hope, Minnesota-based VitalPath said Rivard has a track record of “remarkable success building scalable commercial organizations, team development, revenue and pipeline growth, and successful M&A activities within the medtech CDMO space.”
VitalPath CEO Andrew Holman said Rivard’s experience in business integration and transformation “aligns perfectly with our vision.”
“As we embark on this exciting chapter, Rich’s expertise will be instrumental in shaping our future,” Holman said in a news release. “His arrival underscores VitalPath’s commitment to deliver for our OEM customers as well as the end users and patients who benefit from our products.”
Rivard said he is touring VitalPath’s manufacturing sites and is “continually amazed by our in-house capabilities and the operation team’s dedication to delivering for our customers on time, with the highest level of quality.”
“It has been genuinely inspiring to witness the VitalPath R&D Engineering team’s talent and expertise as they collaborate in-person with industry-leading customers,” he continued. “As we refine our commercial strategy and enhance our customer journey to support our growth, I am confident in our ability to fulfill our mission. We are committed to delivering exceptional, high-quality, complex catheter solutions in partnership with our customers to help dramatically improve quality of life for patients around the world.”
VitalPath specializes in the design and manufacturing of complex catheter technology, serving device OEMs in the electrophysiology, structural heart, neurovascular, peripheral vascular, left ventricular assist, intracoronary, intravascular lithotripsy and renal denervation markets.
VitalPath was previously three separate organizations: VitalDyne Medical, Catheter & Medical Design, and Modern Catheter Technologies. The company now has 30,000 ft² of ISO 7 and 8 cleanrooms, four Minneapolis-area locations (including an FDA-registered site in Cokato) and more than 350 employees.
