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Major co-founded complex spine company K2M, which was acquired by Stryker for $1.4 billion in 2018.
December 5, 2024
By: Sam Brusco
Zavation Medical Products has appointed Lane Major as its new chief executive officer (CEO). Major succeeds Zavation founder Jeffery Johnson, who will continue to support the company as executive chairman of the board.
Major touts more than 20 years of leadership experience in healthcare and life sciences. In 2004 he co-founded K2M, a developer of complex spine and minimally invasive technologies. Major helped scale the company to $300 million in revenue as chief operating officer (COO) and chief strategy officer.
He played a crucial role in K2M’s private equity exit, and IPO, and the company’s $1.4 billion acquisition by Stryker in 2018. At Stryker, he led the spine division as VP and general manager, overseeing expansions like the $500 million acquisition of Mobius Imaging and Cardan Robotics.
“As Zavation embarks on its next phase of growth, it is crucial that our next CEO embodies our values, shares our goals, and aligns with our long-term vision,” said Jeffery Johnson. “Lane is an established leader in the spine industry, a great cultural fit, and deeply committed to delivering best-in-class services to our customers. I’m excited to work closely with him to build on our success and drive Zavation forward.”
“Jeffrey’s vision and unwavering commitment to delivering high-quality products and exceptional customer experiences have truly set Zavation apart,” said Major. “I am thrilled to join such an exceptional organization and excited to collaborate with Jeffrey and the entire team. Together, we will continue to invest in our in-house design expertise and vertically integrated manufacturing capabilities, driving innovation to deliver cutting-edge spinal solutions for customers worldwide.”
In September, the company launched its Varisync ALIF system, which provides unique anchor fixation in fewer operative steps than traditional screw fixation methods and through a less invasive surgical corridor.
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