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Novoste Looking For “Deal-Maker” As CEO Hawkins Moves To Medtronic

This article was originally published in The Gray Sheet

Executive Summary

Novoste will shift focus from leveraging core technologies and building a sales infrastructure to diversification and growth following the departure of CEO and President Bill Hawkins in mid-January to head Medtronic's vascular unit, Medtronic AVE

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Novak at Novoste

Alfred Novak becomes president, CEO and director of the brachytherapy device manufacturer Oct. 16, succeeding Bill Hawkins, who left in January to head Medtronic's vascular unit, Medtronic AVE (1"The Gray Sheet" Dec. 24, 2001, p. 7). Novak is chairman of Orbus Medical Technologies and Transurgical, and a founding member of Syntheon LLC. He has served as president and CEO of Biosense, sold to Johnson & Johnson in 1997, from 1996 and 1998, and as CFO of Cordis from 1989 until the company was bought by J&J in 1996...

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