Aerin Medical Inc. Appoints Derrick Sung as New Chief Financial Officer

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Key Highlights

  • Derrick Sung appointed as CFO of Aerin Medical Inc., bringing over 25 years of experience in finance and strategy in the medical device industry.
  • Prior roles include CFO at Pulmonx Corporation and leadership positions at iRhythm Technologies, Boston Scientific, and Guidant Corporation.
  • Educational Background: Holds a Ph.D. in bioengineering from the University of California, San Diego, an MBA from San Diego State University, and a B.Sc. in mechanical engineering from Stanford University.

Source: Business Wire

Notable Quotes

  • “It is with great pleasure that we welcome Derrick as the latest addition to our leadership team. With a proven track record of financial leadership and a wealth of operating expertise, Derrick will play a pivotal role in accelerating our pursuit of a new standard of care for millions of untreated sufferers of ENT conditions.” – Matt Brokaw, CEO at Aerin Medical
  • “I am excited to join the exceptional team at Aerin Medical as we embark on the next phase of growth. Fueled by compelling fundamentals and a rare financial profile, we are poised to achieve remarkable success.” – Derrick Sung, Chief Financial Officer at Aerin Medical

SoH's Take

The appointment of Derrick Sung as CFO of Aerin Medical Inc. marks a significant milestone in the company’s growth trajectory. With his extensive background in finance and strategy within the medical device sector, Sung is well-positioned to steer the financial direction of Aerin Medical. His experience in scaling organizations and leading them through critical growth phases, including successful IPOs, is especially relevant. Sung’s previous roles, coupled with his strong educational background, equip him with a unique blend of technical expertise and business acumen. This strategic addition to Aerin Medical’s leadership team underscores the company’s commitment to advancing non-invasive ENT solutions, promising to enhance patient care and further innovate in a field that impacts millions globally.

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