March 25, 2019 – The Onstott Group, a Wellesley, MA-based search firm, has placed Sharad H. Joshi as the new president and CEO of BioDirection Inc., a privately held medical device company developing cutting-edge and rapid point-of-care products for the diagnosis and management of concussions and other acquired traumatic brain injuries.
“On behalf of our board, I would like to thank Onstott Group for a job well done,” said Jim Wylie, executive chairman. “We appreciate the firm’s efforts to identify a diverse set of candidates for the position and most of all for its counsel and persistence. Sharad possesses a balance of experience with a strong technical background and very positive leadership skills. We are confident that he will make an immediate contribution to BioDirection.”
Mr. Joshi has over 25 years of medical device industry experience, including leadership positions in business development, marketing, sales, operations and research and development. Most recently, he served as CEO for Bio-Chem Fluidics and president and CEO of Microline. He also co-founded Blue Torch Medical Technologies Inc. Mr. Joshi has further served as a senior director of marketing and business development at Microline Surgical Inc. Earlier in his career, he held positions with Boston Scientific and Alliant Medical Technologies.
“Mr. Joshi is a proven, entrepreneurial medical device executive with a solid track record of driving global growth and laying strategic foundations for sustained success as CEO of multiple medical technology businesses,” said Mr. Wylie. “His diverse background includes in-depth experience in research, product development, engineering, sales and marketing, global scaling of distribution channels, operations, quality and regulatory, partnerships and alliances.”
“It is a pleasure to join BioDirection at this critical point of time in the commercialization of the Tbit System,” said Mr. Joshi. “Tbit is truly a disruptive biosensing nanowire technology with enormous potential to diagnose concussions as well as other traumatic brain conditions. My hands-on, collaborative management style and experience in growing and maximizing the potential of talent and innovative technology in the medical field is a direct match with BioDirection.”
Seasoned Search Consultants
Joe Onstott and Patricia Campbell co-founded the Onstott Group in 1987. The firm provides recruitment services for businesses across a number of sectors, including aerospace/ defense, technology, healthcare, pharmaceutical, biotech, manufacturing, consumer, business services, non-profit, higher education, venture capital, private equity and high growth companies. Based in the Boston area, with offices in Greenwich, CT and Houston, TX, the firm has filled senior-level roles for an array of clients, including American Science & Engineering, MorphoTrust USA, Dyn, Paytronix Systems, Valore, Vicon Industries, Demandware, Welch’s, Bose Corp. and Direct Energy, among others.
Onstott Group Keeps It a Family Affair With New Hire
The Onstott Group named Cullen Onstott as a vice president. “Since joining the Onstott Group, I have been involved in every area of the business, including new client development, executing search work, and helping lead our new branding campaign,” he said.
Mr. Onstott has over 28 years of experience in the technology sector. He is an advisor to many CEOs and boards of directors, assisting them in strategically building their companies. His search practice has focused on recruiting board members, CEOs and executive teams for early stage, high growth and turnaround businesses in enterprise software, communications, ecommerce, media, defense, security and business services.
With a background in management consulting, Ms. Campbell brings a consultative approach to building high performance management teams. She has completed executive search assignments for clients in software, consumer products, non-profit, higher education, services and private equity industries. Her clients range from early-stage ventures to large public companies. Among her honors, Ms. Campbell has been named to the Top 10 Recruiters by Women’s Business Boston.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; Stephen Sawicki, Managing Editor; and Andrew W. Mitchell, Managing Editor – Hunt Scanlon Media