Jim Erickson

Background

About Jim Erickson

SUMMARY: A commercially oriented leader in Diabetes Health, Veterinary Health and Medical Surgical industries with broad experience in Medical Device Manufacturing & Commercialization. A proven professional with vast experience in leading all aspects of a Medical Device organization and consistently delivering year-over-year positive results through accomplishments in; product development, market introductions, manufacturing expansions, regulatory approvals, patent filings, reimbursement management, QMS oversight, international sourcing and growth financing. Experience also includes a foundation in private equity, M&A transactions, start-ups, venture capital, turnarounds and financial restructurings. Education: MBA - Northwestern’s Kellogg School of Management; BBA - University of Notre Dame. EXPERIENCE Since 2003, Mr. Erickson has been President and CEO of UltiMed, Inc, currently a Levine Leichtman Capital Partners managed portfolio company As President, the organization's accomplishments include- Revenue growth of over 10x - Increased market share in all segments - Consistent year-over-year revenue and distribution growth - Development and commercialization of innovative med-device products - Oversaw multiple manufacturing and clean room expansions - Managed all organizational functions - FDA 510k approvals for many new products - Compliance with applicable U.S. and international regulatory standards - Granted over 20 U.S. and International med-device patents - Quality Management System (QMS) restructuring - Establishment of partnerships with leading device manufacturers (US & Intl.)- Restructurings of business processes - Execution of license agreements and distribution contracts - Expansion of product reimbursement coverage - Increased global sourcing capabilities - Lead multiple refinancing, M&A & private equity transactions