We find ourselves in the middle of one of the greatest wealth transfer periods of all time. Those with wealth must decide whether they want to make transfers, and if they do, they must decide how much, to whom, when and in what structure?
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Robert E. Conway was appointed to the board of directors at Broomfield-based ARCA Biopharma Inc. (Nasdaq: ABIO), which develops genetically-targeted therapies for cardiovascular diseases. He will serve on the audit and compensation committees. Conway has 30 years of leadership experience in the pharmaceutical and biotechnology industries, serving as chief executive and member of the board of directors for Array BioPharma Inc. (Nasdaq: ARRY) from 1999 to 2012.
Mark Sirangelo, head of Louisville-based Sierra Nevada Corp., Space Systems, was named by Gov. John Hickenlooper as the state’s new chief innovation officer and chairman of the Colorado Innovation Network. COIN was formed by Hickenlooper in 2011 to help foster innovation among Colorado’s public, private and academic organizations, with the ultimate goal of job creation and growth of the Colorado economy. Sirangelo replaces Ajay Menon, dean of the Colorado State University College of Business, whose term expired. At Sierra Nevada, Sirangelo is helping to oversee development of the Dream Chaser, an orbital space plane being designed through a public-private partnership with NASA as a replacement for the space shuttle.A founding member of COIN, he also co-chairs the Colorado Competes initiative that helps advance the state in sectors such as bioscience, renewable energy and aerospace. He is founder and chairman of eSpace, The Center for Space Entrepreneurship, a nonprofit that targets the development of science, education, jobs and tech startups.
Hearing-aid manufacturer Sophono, Inc. has a medical doctor as its new chief executive. Dr. Peter Ruppersberg plans to expand sales of Sophono’s implantable hearing-aid devices into Asian markets, according to a press statement. James Kasic, the Boulder company’s founding CEO, will continue to support Sophono in a consulting role. Before coming to Boulder, Ruppersberg most recently was CEO of the Valtronic Group, a Geneva, Switzerland-based medical device manufacturing firm with 400 employees. He previously was active in venture-capital and private-equity firms. Sophono has its headquarters and manufacturing operations in Boulder as well as an office in Germany.
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