Hearing aid manufacturer, Sivantos Inc, announced on February 1st that Eric Timm has been named as the company’s next Chief Executive Officer. Timm, who has served as the Chief Operating Officer of Sivantos for the past two years, will replace outgoing CEO Steve Mahon.
Timm joined Sivantos, the parent company of hearing aid brands Signia and Rexton, in March 2017. As COO he has had a close working relationship with Steve Mahon to help create and execute a new vision and strategy that has helped propel the company to achieve strong growth several times the industry standard over the past two years.
“I am honored to assume the role of CEO of Sivantos and eager to advance the company’s mission to invent the future of better hearing and understanding. As the hearing aid industry continues to transform rapidly, Sivantos has the right combination of exceptional people and sophisticated hearing aid technology to rise to the top. I thank Steve for all that he brought to this company and look forward to continuing the vision we created together to achieve further growth and success.”
–Eric Timm, CEO, Sivantos Inc.
In his new role, Timm will guide the company’s strategic plans and initiatives to further grow its standing in the marketplace.
Throughout his career, Timm has held leadership positions with several organizations in the medical device industry, driving profitable growth in each role. Prior to joining Sivantos, he served as vice president, marketing and national sales for another hearing aid manufacturer. He also held roles in general management, marketing and business development at Cardinal Health, Premier, Inc., Monsanto, Bristol-Myers Squibb and 3M.
According to the press release, Timm holds a bachelor’s degree from Gustavus Adolphus College and an MBA from the University of Wisconsin-Madison.
Source: Sivantos Inc