Mr. Taylor is the co-founder and VP of Engineering of Endius, Inc., a Boston based surgical device company. The world's largest orthopedic company, Zimmer Holdings, acquired Endius in March 2007 in a cash transaction estimated by Wachovia at $75m-$125m. Endius is one of the fastest growing spinal device and implant companies in the U.S. and raised more venture capital money in 2003 and 2004 than any other medical device company. Investors included Morgan Stanley Ventures, The Carlyle Group, Polaris Ventures, New England Venture Capital, Hickory Venture Capital and Hillman Medical. After hiring a seasoned CEO, Tim resigned from Endius in 2000 to move back to the South and become a venture capitalist.
The Board of Directors has four members following the resignations and appointments: Tim Taylor, Mike Ogie, Tom Greene and Mark Lewis.
Tim Taylor has been named Chief Executive Officer and Jeff Radcliffe will serve as Chief Financial Officer and Secretary in addition to his position as COO.
Jeff Radcliffe, Chief Operating Officer of CCAJ, said, "On behalf of the Company and its Board, I wish to thank Paul, James and John for their service and dedication to our company. They have been instrumental in the progress we have made thus far. I look forward to working with Paul and John on our brief transition and I wish them every success in their future endeavors."
The Board of Directors has spent the past few months analyzing current market and investment opportunities and is making organizational changes designed to fully avail CCAJ of those opportunities. This amicable change was a result of the departing members of management wanting to pursue other interests and by the Board of Directors' decision to focus the firm in business opportunities beyond transportation and manufacturing; areas of extensive expertise of the outgoing directors and officers.
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