Synecor has attracted people and developed methods that are exceptional towards meaningful innovation in medical technology.R. Frederick McCoy, Jr., Vice-Chairman, Synecor Board of Directors
RESEARCH TRIANGLE PARK, N.C. (July 17, 2007) Synecor, LLC, a privately held business generator with a history of innovating disruptive medical technologies in immense life science markets for the foundation of new company creation, today announced the appointment of R. Frederick McCoy, Jr. to the newly created position of Vice-Chairman of the Board of Directors, effective July 2007. Mr. McCoy has more than 25 years of experience in the life sciences field and was most recently the President of Guidant, Cardiac Rhythm Management from May 2000 until his retirement in March 2006, pending the acquisition of Guidant Corporation by Boston Scientific Corporation.
“We are particularly thrilled to have Fred join the executive team at Synecor and look forward to his insight as we initiate, develop, launch, and manage emerging disruptive life science technologies that have outstanding potential to powerfully improve patient care” said Synecor Chief Executive Officer William N. Starling.
Mr. McCoy notes that, “Synecor has attracted exceptional people and developed pioneering methods towards meaningful innovation in medical technology. Now that growth in unique, new business opportunities requires additional, experienced management. I look forward to working with the excellent leaders and fine people of Synecor. Further, North Carolina holds great promise as host to innovation in medical technology. The opportunity to partner with Synecor to help fulfill that promise is personally rewarding.”
Richard S. Stack, M.D., Synecor’s President, stated that, “We are delighted to have Fred McCoy join Synecor. His presence as one of the best known and most successful executives in the medical device industry is a great asset not only to Synecor and its portfolio companies, but also to the emerging development of North Carolina as a leading state in the MedTech industry.”
Mr. McCoy is a 1979 graduate of the University of North Carolina at Chapel Hill. He also graduated with the degree of Master of Management from the Northwestern University J.L. Kellogg Graduate School of Management in 1981. Mr. McCoy and his family plan to relocate from Saint Paul, Minnesota to Chapel Hill, North Carolina in 2008.
About Synecor, LLC.
Founded in 2000, Synecor, LLC is a privately held, highly successful business accelerator focused on creating highly proprietary, disruptive technologies in the largest medical device and combination drug/device markets. More information is available at www.synecor.com.