TSO3 Appoints Steve West to Board of Directors QUBEC CITY, Nov. 10, 2015 /PRNewswire/ - TSO3 Inc. (TSX: TOS), an innovator in sterilization technology for medical devices in healthcare settings, has appointed Steve Westto the Company's board of directors.
West brings a wealth of strategic experience to TSO3, including more than 30 years of public company experience in health and life sciences, nuclear industry, specialty chemicals and venture capital. West recently served as CEO of Nordion (TSX: NDN, NYSE: NDZ), a leading provider of medical isotopes and sterilization technologies. During his tenure as CEO, West lead Nordion's $727 million sale to two buyers, Sterigenics, a global leader in sterilization services, and GTCR, a private equity firm, at a 12% premium to the market.
Prior to Nordion, West held senior positions with MDS, where he was responsible for all aspects of the company's global operations and regulatory affairs before its sale to Nordion. He has also served as a senior partner at MDS Capital, president at Unilever Canada, and vice president at Diversey Corporation. West currently also serves as chairman of the board for two non-profits, the Ottawa Hospital Foundation and The Innovation Centre at Bayview Yards.
"Steve's experience as a CEO and director of a dual-listed public company in the healthcare sector will be valuable as we evaluate our U.S. listing options," said TSO3 president and CEO, R.M. (Ric) Rumble. "He also has gained extensive global expertise from his tenure at Nordion, MDS, and Unilever Canada, which we expect to help guide our fast-growing global business."
Commented West: "TSO3 has clearly entered the commercialization stage of its development with the significant ramp in sales during the third quarter and completion of its new U.S. distribution and customer support facility. I look forward to working closely with TSO3 management and the board to advance the company's commercial rollout of the STERIZONE® VP4 Sterilizer worldwide, which uniquely addresses the unmet need for sterilization of medical devices and complex instruments used in the hospital environment."