WALINGFORD: Z-Medica, LLC, a developer and marketer of hemostatic devices, best known as Quik-Clot, appointed healthcare industry veteran Eric Compton as President and Chief Executive Officer effective. According to the company outgoing CEO Stephen J. Fanning is stepping down to pursue a new career opportunity that will allow him to be closer to his family and home on the West Coast. Fanning will continue to serve as a member of the Z-Medica Board.
“We are incredibly excited by Eric’s appointment to Z-Medica. His deep healthcare experience, strong leadership skills and passion for growth will continue to drive Z-Medica to even greater success said Z-Medica Board Chairman and Linden Operating Partner, Ernest Waaser.
“I am extremely honored to be taking over the reins of Z-Medica,” said Compton. “Recently, Z-Medica has made considerable investments to upgrade their internal operating systems and substantially increase their U.S. and international sales force as well as hiring additional support staff at the headquarters in Wallingford. I look forward to building on that current momentum and accelerating our growth even further.”
Compton most recently served as Chief Operating Officer of Hologic Inc. [NASDAQ: HOLX] of Marlborough, Mass. a $2.8 billion market cap public medical tech company geared to women’s health needs.
Mr. Compton is the former Chairman of the ] Board of Directors of AdvaMedDX of Washington D.C., he holds a Master of Business Administration degree from Kennesaw State University and a Bachelor of Arts degree from the University of Richmond.