$MIHI Management at a Glance
Medical Innovation Holding, Inc.’s seasoned executive leadership team combines time-tested business practices with cutting-edge technology in the health care industry to improve the quality of care delivered to patients. The company is working to develop software and professional services that allow providers to track not only patient well-being, but the success of their interventions through their own personal care metrics. By fulfilling its responsibility to deliver world-class health care to all of its patients, MIHI is simultaneously fulfilling its promise to deliver value to its shareholders who are as much a part of the revolution in health care as MIHI and its subsidiaries.
The company’s executive management team is as follows:
Arturo “Jake” Sanchez was appointed as chief executive officer in February 2016. Jake is a seasoned executive with extensive skills in operations, technology, P&L oversight, direct and non-direct channel sales and marketing working with both startups and growth organizations. He is a results oriented leader with proven accomplishments in strategic positioning using process driven approach to manage and scale organizations. He comes with a track record of increasing revenue, driving down costs, growing the bottom line while driving up productivity. He has worked extensively in disruptive market opportunities where technology, regulations, and laws create havoc and change in existing markets allowing new players to enter the marketplace.
Lawrence Litowitz, the company’s interim chief financial officer and director, has over 35 years of experience focusing on entrepreneurial and middle-market companies in a broad range of businesses. He has worked in venture capital, venture capital backed companies and companies with a nationwide footprint. Additionally, he has participated or led 11 IPO transactions. Mr. Litowitz has been the CFO of 3 public companies ranging in size from $25mm to $350mm implementing Sarbox programs and interacting with institutional investors on road shows and investor calls. Mr. Litowitz has also been the CFO of a major Private Equity firm participating in many different financing rounds of all types. He was the chief financial officer for Galen Partners, a leading venture capital firm with over $400 million under management, specializing in healthcare businesses, including high tech enterprises. These included voice recognition technology, specialized data information and high tech infusion system companies. Total revenue of the portfolio companies was over $800 million. While at Galen, he was a member of numerous boards of portfolio companies of which three were taken public. He was the first employee and he structured the firm’s due diligence as well as its reporting and accounting policies. Mr. Litowitz’s responsibilities included acting as mentor and leader to portfolio chief financial officers and was a liaison to many of Galen’s investors.
John Stol was appointed as director of MIHI on November 1, 2015. His experience includes establishing startup businesses; running family owned operations; leading mergers and acquisition initiatives; transforming underperforming business models into successful corporations; and managing highly profitable divestures in complex or high risk situations. Mr. Stol is president and a board member of Royal Mining Investments, LLC (2009-present), vice president and a board member of Geologix America Consulting, S.A. (2009-present), and international sales director of Johnson, Morgan and White (2009-present) which are all Latin American companies. Mr. Stol is also a board member of Andino International B.V.I and High Management Consulting (Colombia and Equador). Mr. Stol earned an Industrial/Mechanical Engineer BA from the Universidad de los Andes of Bogota, Colombia in 1987. In 1988, Mr. Stol received a BA in Psychology and in 1996 and MBA from the Universidad de la Sabana in Bogota, Colombia. In 2001, he completed the Investors Program LATAM at the University of Miami.
For more information, visit www.medicalinnovationholdings.com.
