Kevin A. Richardson, II joined the Company as chairman of the board of directors in August of 2005. Mr. Richardson founded Prides Capital LLC and Prides Capital Partners LLC in January 2004 where he is Managing Director. Prides Capital LLC and Prides Capital Partners LLC specialize in strategic block, active investing in small-cap and micro-cap public and private companies. From April 1999 until the end of 2003, Mr. Richardson was a partner at Blum Capital Partners, a $2.5 billion investment firm. Between May 1999 and September 2003, Mr. Richardson was the lead public partner on 18 investments.
Prior to joining Blum Capital, Mr. Richardson was an analyst at Tudor Investment Corporation, an investment management firm. Previously, Mr. Richardson spent four years at Fidelity Management and Research where he was the assistant portfolio manager of the Fidelity Contra Fund, a registered investment company. Mr. Richardson also managed Fidelity Airline Fund, the Fidelity Aerospace and Defense Fund, and performed research and analysis in a variety of industry sectors (computer services, business services, media, financial services, and healthcare information technology).
Mr. Richardson is also a member of the board of directors of As Seen On TV, Inc., a publicly traded multichannel distributor of As Seen On TV products and Pegasus Solutions, Inc., a travel technology company and was previously a board member of Healthtronics, Inc. and QC Holdings, Inc. Mr. Richardson received an undergraduate degree from Babson College and an M.B.A. from Kenan-Flagler Business School at the University of North Carolina.
Chief Operation Officer
Peter Stegagno joined SANUWAVE as Vice President, Operations in March 2006. Mr. Stegagno brings to SANUWAVE 16 years experience in the medical device market encompassing manufacturing, design & development, quality assurance and international & domestic regulatory affairs. He has been instrumental in the development and deployment of international operational processes for leading medical device companies.
Pete most recently served as Vice President of Quality and Regulatory Affairs for Elekta, and other medical device companies including Genzyme Biosurgery. Before focusing on the medical field, he enjoyed a successful career encompassing production roles in the space industry, including avionics guidance systems for military applications and control computers for the space shuttle. Mr. Stegagno graduated from Tufts University with a B.S. degree in Chemical Engineering.
Chief Science and Technology Officer
Iulian Cioanta, Ph.D.
Dr. Iulian Cioanta joined SANUWAVE in June 2007 as Director of Research and Development. In 2009 Iulian was promoted to Vice President of Research and Development and in 2018 to Chief Science and Technology Officer.
Prior to joining SANUWAVE, Dr. Cioanta served as Business Unit Manager with Cordis Endovascular, a Johnson & Johnson company, Director of Development Engineering with Kensey Nash Corporation, Research Manager at ArgoMed Inc. and Project Manager and Scientist with the Institute for the Design of Research Apparatuses. He has 20+ years of experience in the medical device industry.
Dr. Cioanta also worked in academia at Polytechnic University of Bucharest in Romania, Leicester University in U.K., and Duke University in the United States.
He received a B.S. degree in Engineering and Management of Technological Systems and Business Management and an M.S. degree in Engineering and Management of Technological Systems from the Polytechnic University of Bucharest, and he earned his Ph.D. degree in Biomedical Engineering from Duke University in the field of extracorporeal shockwave lithotripsy.
Chief Financial Officer
Lisa Sundstrom joined SANUWAVE as Controller in October 2006 and in August 2015 assumed the responsibilities of Interim Chief Financial Officer. She has extensive financial accounting experience with Automatic Data Processing (ADP) and Mitsubishi Consumer Electronics. While at her previous position with ADP as Accounting Manager for the Benefits Services Division, Lisa assisted with the documentation of internal controls for Sarbanes-Oxley compliance.
Ms. Sundstrom began her career with a small public accounting firm, Carnevale & Co., P.C. She was Senior Accountant at Mitsubishi Consumer Electronics responsible for the close process for the division location and was involved in the documentation and testing of the SAP accounting system. She holds a Bachelor of Science in Accounting from the State University of New York at Geneseo.