Medin Technologies Inc., A Totowa-based manufacturer of medical products, announced it has named Bill Donaldson its new CEO and member of the board of directors.
CEO Andy Novotny, who has led the company since being acquired by Seven Point Equity Partners about a year ago, announced his resignation and will assist in the transition.
“We are thrilled to have Bill join us as CEO and as a member of the board. He brings outstanding leadership qualities, deep manufacturing experience, and a passion for delivering exceptional value to customers. Medin is growing quickly, and we are absolutely confident Bill is the right leader to maximize the company’s market opportunity in medical contract manufacturing and at the same time build on the company’s existing reputation for world-class quality and customer responsiveness,” said Tom Burchill, SPEP managing partner and Medin board member.
Donaldson has extensive experience in the manufacturing business. Prior to Medin, he was president of Jeld-Wen Canada. He also ran Circor’s KF Industries, Sagebrush Pipeline and Spence Engineering.
“I cannot imagine a more important and exciting time to join Medin Technologies,” Donaldson said. “With an outstanding set of world-class customers who are demanding more and more of the company, Medin is well-positioned to grow and diversify its product offering. This is the perfect opportunity for me to combine my operating experience with my passion for working with customers. I look forward to working with this great team and leading Medin Technologies through its next exciting phase of growth.”