Independent Fiduciary Board Member

HDO Health
HDO Health
Locations:
Columbus, OH, USA
Posted on:
06/15/2022

About HDO Health: HDO Health is a medical device portfolio company dedicated to bringing lifesaving technologies to the world that help prevent people from bleeding to death. Our core values are to be heart-led, data-driven, and outcome-focused. Our first medical device being developed is an innovative junctional tourniquet technology being commercialized in partnership with the Ohio State Innovation Foundation (OSIF) at the Ohio State University. We aim to provide the world with the most effective, affordable, and easy-to-use junctional tourniquet to help prevent people who have suffered a junctional wound from bleeding to death. HDO Health is an accelerator portfolio company with Rev1 Ventures. We recently received a Technology Validation and Start-up Fund (TVSF) Phase 2 non-dilutive grant from the State of Ohio. In addition, we also were approved for a non-dilutive Commercialization Contract grant co-funded by Rev1 Ventures, The Ohio State University Keenan Center for Entrepreneurship, and the Ohio State Innovation Foundation.

We currently have working prototypes of our product and are entering a final design and testing phase in preparation for an FDA 510(k) submission. In addition, we are working on partnership development with contract manufacturing and distribution partners and our capital access plan in preparation for a required Seed and Series A funding round.

Required Qualifications for Applicants: We seek an independent fiduciary board member to join our existing two-member (CEO + Technical Co-Founder) Board of Directors. In addition, the intent is to add a 3rd member to balance our Board and bring additional insight, wisdom, experience, and network to our organization.

Our current focus is bringing our junctional tourniquet product to market. Accordingly, we are seeking an individual who is a servant leader and has executive experience and a documented proven track record in some or all these following areas:

  • Medical Device Product Development and Commercialization

  • Global & International Business Experience with P&L responsibility of over $100M

  • Strong knowledge and network in the medical device industry, including outsourced manufacturing and distribution companies and partnerships

  • Experience with tactical and emergency medical products and markets

  • Experience in building independent distribution channel partnerships

  • Experience working with and commercializing products in the Department of Defense (DoD), General Administration (GSA), law enforcement, and first responder ecosystems

  • Experience with capital access planning and execution

  • Strong potential investor network

  • Financial acumen

  • Experience in strategic planning

  • Experience with regulatory filings and intellectual property related to medical devices

  • Demonstrated knowledge and competence in private company governance (Private Directors Association Certification or Equivalent Preferred)

Desired Personal Characteristics:

  • Alignment with and commitment to the HDO Health Mission, Vision, and Values

  • Excellent communication and listening skills

  • Ability to consider and appreciate diverse people and perspectives

  • Sterling integrity and ethical standards

  • Ability to maintain confidentiality

  • Independent, entrepreneurial spirit with fair-mindedness towards all stakeholders

  • Genuine humility and a strong sense of humor

Meeting and Time Commitment:

  • Formal (virtual) Board Meeting quarterly

  • Available on a reasonable basis for Board or other executive team calls or communications

Compensation:

  • Potential Profits Interest Units grant

How to Apply: Please send your board biography, CV, and a letter of interest to bstewart@hdohealth.com.

Veteran, Female, and Minority Founded | U.S. Citizenship Required

hdohealth.com

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