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Alphatec Holdings announces board and executive leadership changes

AlphatecAlphatec Holdings, the parent company of Alphatec Spine, announced that it has appointed Terry M. Rich as the company's chief executive officer.
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With over 25 years of experience in the orthopedic and spine industry, Mr. Rich is an accomplished leader with a breadth of experience across a variety of commercial roles.

Mr. Rich was most recently with Wright Medical Group and Tornier and held multiple roles with increasing responsibility since 2012 in the areas of U.S. sales, global product delivery, sales training, global marketing, commercial operations, research and development, healthcare economics, business strategy, finance and human resources.

Most recently, since 2015 he served as President, Upper Extremities of Wright Medical.

Prior to Wright, he held senior executive leadership positions at Tornier. Within the spine industry, Mr. Rich has held sales leadership roles at Nuvasive, and was a partner in a DePuy Spine distributor in northern California.

Mr. Rich received a B.A. in Labor Relations from Rutgers University.

Mr. Rich, who has also been appointed to the Company's Board of Directors, will replace Leslie H. Cross, who has served as interim Chief Executive Officer since September 2016.

The Company also announced that its Board of Directors has appointed Mortimer Berkowitz III, a current member of the Company's Board of Directors, as Chairman of the Board effective December 10, 2016, replacing Mr. Cross, who will step down as Chairman, but will remain on the Company's Board of Directors.

As a result of this transition, the Board will no longer have a Lead Independent Director.

In conjunction with Mr. Rich's appointment, the Company also announced additions to the Company's commercial leadership team:

Jon Allen has accepted a newly created position as the Company's Executive Vice President, Commercial Operations.

Mr. Allen has held numerous sales leadership and sales operations positions in spine and orthopedics over his 27-year career in medical devices, including most recently Vice President, Healthcare Economics and Reimbursement, at Wright Medical where he had oversight responsibilities for corporate accounts, product positioning, and value creation.

Prior to joining Wright Medical, Mr. Allen held senior executive leadership positions with Tornier starting as Vice President, Sales Operations, and serving on Tornier's executive committee.

Additionally, he held senior leadership roles within the DePuy franchise where he was responsible for developing pricing and commercial strategy, sales channel management and subsequently owning a multi-state distributorship for DePuy Spine.

In addition, Mr. Allen has served as a consultant to leading orthopedic companies working with U.S. Senators and the Senate Finance Committee in addressing anti-conflict of interest legislation in healthcare.

Amy Ables has accepted a newly created position as the Company's Vice President, Corporate Education & Performance.

Dr. Ables most recently served as Vice President U.S. Training and Education at Wright Medical, a position she has held since 2014.

From 2007 to 2014, she served a variety of senior leadership roles at Tornier within medical education, clinical education, sales training and product management.

Prior to this, she served as Assistant Professor for the Department of Kinesiology at the University of Texas, Arlington.

Dr. Ables holds a Ph.D. in Biomechanics from Texas Woman's University and has published several articles, books and presentations in the area of kinesiology, sports medicine and medical devices.

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