Healthcare >> CEO Interviews >> September 28, 1998

Richard M. Ferrari – Cardiothoracic Systems Inc (ctsi)

RICHARD M. FERRARI joined CTS as Chief Executive Officer and a Director in June 1995 and was elected President in August 1995. From January 1991 until joining the Company, he was President and Chief Executive Officer of CardioVascular Imaging Systems, Inc. ('CVIS'), a manufacturer of intravascular ultrasound systems, which is currently a subsidiary of Boston Scientific Corporation. From March 1990 until joining CVIS, he served as President and Acting Chief Executive Officer of Medstone International, Inc. a manufacturer of lithotripsy equipment for treatment of gall and kidney stones. From 1981 to February 1990, he was employed with ADAC Laboratories, a supplier of diagnostic imaging equipment, serving most recently as Executive Vice President and General Manager responsible for the Nuclear Medicine, Digital Cardiology, Information Management and Radiation Therapy business units. Mr. Ferarri holds an M.B.A. from the University of South Florida. Profile
TWST: Could you give us a background summary on the company?

Mr. Ferrari: Our business is minimally invasive cardiac surgery, which

embodies what I would call three components: minimally