UFP Technologies, Inc. (Nasdaq: UFPT), a manufacturer of packaging and
component products, announced today it has expanded its Board of
Directors to eight members with the appointment of Dan Croteau.
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UFP Technologies Appoints Dan Croteau to its Board (Photo: Business Wire)
Mr. Croteau is currently the CEO of Vention Medical, a company providing
component manufacturing, assembly, and design services for disposable
medical devices, with 13 facilities across the US, Central America,
Ireland, and Israel. Previously, Dan was President of FlexMedical, the
medical division of Flextronics, which provides manufacturing and supply
chain services for disposable medical devices, diagnostic
instrumentation, and drug delivery devices. He was also Executive Vice
President and General Manager of Orthopedics for Accellent (renamed Lake
Region Medical in 2014), a manufacturer of specialty components and
finished medical devices used in orthopedic, cardiology, and surgical
devices, and an executive at MedSource Technologies, which was merged in
June 2004 with UTI Corporation to form Accellent. As a Senior Vice
President at MedSource Technologies, Dan was responsible for sales,
marketing, strategy, and acquisitions.
“We are very pleased to have Dan join our Board of Directors,” said
R. Jeffrey Bailly, Chairman and Chief Executive Officer. “His deep
wealth of knowledge and expertise in the medical device industry will be
extremely valuable as we strive to continue to grow in this important
strategic market.”
“Dan is an accomplished, growth-oriented, strategic-minded executive who
has successfully planned and executed the growth strategies of numerous
medical device companies,” Bailly continued. “I am confident he will be
a valuable resource to our Board and our entire executive team, and I
look forward to working with him.”
UFP Technologies is an innovative designer and custom converter of
foams, plastics, and natural fiber materials, principally serving the
medical, automotive, consumer, electronics, industrial, and aerospace
and defense markets. The UFP team acts as an extension of its customers’
in-house research, engineering, and manufacturing groups, working
closely with them to solve their most complex product and packaging
challenges.
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