Benvenue Medical Hires New CFO

Santa Clara, Calif.-based Benvenue Medical Inc., which makes minimally invasive solutions for spine repair, has added John Dahldorf as its new chief financial officer (CFO). Most recently Dahldorf was CFO at Volcano Corp.

In his new role, Dahldorf will partner with the senior management team to help shape the company’s long-term strategy and ensure capital needs are met.

“I was looking for a great management team and a portfolio of medical technology that has strong growth potential, and I found it in Benvenue Medical,” Dahldorf said. “Benvenue’s products, Luna and Kiva, have entered a $3.2 billion U.S. market that’s historically had very little innovation. I believe Benvenue has potential similar to what I experienced at Volcano, where we grew from virtually zero to $400 million in 11 years.”

“John brings invaluable experience with private and public companies, including being chief financial officer at a publicly traded company,” said CEO Robert Weigle. “His strong reputation, experience in the investment community and expertise in public markets will be advantageous for achieving our future business plans.”

Dahldorf brings more than 30 years of financial, operational and leadership experience in the healthcare industry to Benvenue Medical. In his tenure at Volcano, he oversaw all aspects of the finance, accounting and information technology functions for the medical device company. Previous experience includes co-chief executive officer and chief financial officer at Digirad Corp.; finance director at Arrow Electronics; and a number of leadership positions at Baxter companies. He earned his master of business administration and bachelor of finance degrees at Western Illinois University.