While leveraging the strengths of CAT’s management team to develop
the business plan, identify key product development requirements and
raise capital, Aestis has assembled a seasoned management team with
extensive experience and a successful track record. The Company will
leverage certain finance and administrative resources of CAT until such
time as it appropriate to bring those functions in-house.
Larry Kutt, Chairman, age 57
Larry Kutt is the Founder and Chief Executive Officer of CAT and
previously founded Kutt Inc., an executive search firm that was sold in
1992 after growing to be the second largest in market share in the
printing industry in the U.S. He is a co-founder of the School for
Entrepreneurship at Metro State in Denver where he served on the board
and faculty. Mr. Kutt was nominated for Inc.’s Entrepreneur of the Year
award in 1989, and was a semi-finalist for Ernst and Young’s
Entrepreneur of the Year award in 2005. Mr. Kutt has a B.S. from
Indiana University.
Dede Willis, Chief Executive Officer, age 44
Dede Willis serves as CAT’s Vice President of Operations. Ms. Willis
has over 20 years of management and operating experience, including
several executive positions in Europe and the U.S. within the life
sciences industry. A member of senior management teams in life sciences
companies for most of her career, Ms. Willis has an outstanding track
record of successfully streamlining operations and maximizing
productivity in both established businesses and start-ups. After a
successful career at Hoechst, where she finished her tenure as
President and CEO of a $100 million subsidiary, she joined Proligo LLC,
a start up biotech company as Vice President of Operations and Managing
Director of Proligo Biochemie GmbH, a German subsidiary and now a
global life science subsidiary of Degussa AG. At Proligo, Ms. Willis
had full P&L responsibility for all corporate operations, including
finance and administration, global manufacturing and supply chain
management, and at various times, sales and marketing. Ms. Willis has a
B.S. in Chemical Engineering from Clemson University and an M.B.A. from
the University of Houston.
Bill Reid, Vice President of Research and Development, age 39
Bill Reid is a shared resource with CAT, where he also serves as
Director of Product Development. Mr. Reid has been involved in the
medical industry for over 10 years, with experience ranging from blood
analyzers and RF ablation surgical devices to incubators and
environmental control modules. Mr. Reid has been involved in the
research, design or manufacture of over 15 different medical devices.
Prior to joining CAT, he served as the Director of Engineering and
Development for MedEfficiency in Westminster, Colorado. Mr. Reid holds
a M.S. in Aerospace Engineering from the University of Cincinnati and a
B.S. in Mechanical Engineering from Rose-Hulman Institute of Technology.
In addition, a Director or Vice President of Clinical Development
will be recruited by Aestis following commitment of funds. Additional
team members to be hired include two medical device engineers, a
software engineer, a document control specialist, and a purchasing
manager. Candidates have already been identified for the two medical
device engineer positions.
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