Eric Major, president and CEO of K2M, has been elected chairman of the company’s Board of Directors. The appointment is effective immediately.
Major has taken over from Dan Pelak, who served in the role from 2010. Pelak will assume the rold of independent lead director.
Major is a co-founder of the company, and has served as director since 2004.
“On behalf of our Board, I am pleased that Eric Major will serve as our next chairman at a time when K2M is defining itself as a preeminent spinal device company of the future,” says Pelak. “Eric’s leadership experience, industry expertise and vision of excellence in spinal innovation make him the ideal person to lead our Board of Directors, and I look forward to supporting him in his new role.”
“It is truly an honour to succeed Dan Pelak, whose tenure as chairman is marked by significant achievement and success at K2M,” says Major. “I have also had the great opportunity to work with our founding chairman and present chief medical officer, John Kostuik… I look forward to continued cross-collaboration between our executive team and our Board.”
New product launches
K2M has recently launched a string of new products. In 2017 alone, the company has debuted the Everest minimally invasive XTower instrumentation, the Nile proximal fixation system, the Capri small 3D static corpectomy cage, the Mojave PL 3D expandable posterior lumbar cage, the Sahara expandable anterior lumbar stabilisation system, an extension to the Mesa 2 Cricket deformity system, and the Balance ACS system.
The company has also acquired 17 new issued and pending patents concerning expandable interbody technology.
During the summer, K2M signed an exclusive distribution deal for the Japanese market. Mitsubishi subsidiary MedicalNext will supply K2M’s products across Japan. This follows the successful registration of a number of products with the country’s Pharmaceuticals and Medical Devices Agency.