BONESUPPORT, a Swedish medical technology company that develops injectable bone filler, has hired Fredrik Groth as its new Chief Financial Officer. With more than 20 years of experience in the Swedish industrial sector, Mr. Groth was last employed by Cardo AB, where he served as Senior Vice President and head of the Pump division, as well as other senior positions.
Mr. Groth will strengthen BONESUPPORT’s organization in general and its financial team in particular. Fredrik Werner, the former Chief Financial Officer, will remain on the team and manage new projects designed to prepare the company for the accelerated growth that is projected over the next few years.
“We are in a highly expansive sector,” says BONESUPPORT President Fredrik Lindberg. “That requires a more dynamic financial team, and Mr. Groth has just the strategic expertise we were looking for. He also represents a key asset in our ongoing planning and commercial development effort.”
In addition to Cardo, Mr. Groth has long experience at such listed companies as Trelleborg AB and Svedala Industri AB – as well as the Sixth Swedish National Pension Fund – as Division head, CFO and other senior positions.
“BONESUPPORT faces a number of exciting challenges,” says Mr. Groth. “After many years at big companies, I’m looking forward to participating in a smaller, fast-growing entrepreneurial organization. I hope and believe that my knowledge and experience can help take BONESUPPORT to the next step in its development.”
Mr. Groth took over as Chief Financial Officer of BoneSupport on February 1, 2010.
BONESUPPORT
BONESUPPORTAB is an innovative Swedish medical technology company that specializes in the development of high-tech solutions for the treatment of osteoporotic fractures, herniated discs and other conditions. Founded in 1999, the company has over 30 employees and is headquartered at Ideon Science Park in Lund, Sweden. BONESUPPORT has subsidiaries in the United States, Netherlands and Germany. Its two main trademarks are CERAMENT™ and ULTRAZONIX®.
