InspireMD Announces Appointment of Medical Technology Executive Pete Ligotti as Executive Vice President and General Manager of North America

Appointment brings more than 30 years of medical technology general management and commercial leadership experience to the InspireMD team

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TEL AVIV, Israel and MIAMI, Jan. 03, 2024 (GLOBE NEWSWIRE) -- InspireMD (Nasdaq: NSPR), developer of the CGuard Embolic Prevention Stent System (EPS) for the prevention of stroke, announced today the appointment of medical technology executive Pete Ligotti as Executive Vice President and General Manager of North America. Mr. Ligotti brings more than 30 years of general management and commercial leadership experience to the InspireMD team.

Marvin Slosman, Chief Executive Officer of InspireMD, stated, “As we continue to scale our U.S. infrastructure ahead of potential approval of the CGuard EPS carotid stent platform, we are very pleased to welcome Pete to the team. With encouraging data emerging from our ongoing C-GUARDIANS Investigational Device Exemption (IDE) pivotal trial, notably positive 30-day follow up data that was recently presented at VIVA23 in November, we believe CGuard EPS has the potential to become the leading stent platform among carotid implants, enabling a shift toward an endovascular standard of care. The addition of Pete brings a track record of operating and commercial experience globally to bolster our talent and senior leadership as we build our U.S. base of operations.”

Mr. Ligotti added, “Throughout my career, I have been fortunate to be able to contribute to the development, launch and growth of many groundbreaking medical technologies that drive improved patient outcomes, and I believe CGuard EPS, with its novel MicroNet technology, is poised to be a leader not just among stenting alternatives, but in the conversion of carotid surgery to a ‘stent first’ approach. I am excited to join InspireMD at this opportune time and look forward to working to build our U.S. presence and make this technology broadly available to carotid artery disease patients, if approved.”   

Mr. Ligotti joins InspireMD from NuVasive (merged with Globus Medical) where he served as Vice President and General Manager of NuVasive Specialized Orthopedics – NSO since January 2022. Before that, he served as Vice President of Global Commercial Strategy at Smith+Nephew, and, prior to that, in various roles of increasing responsibility at Integra LifeSciences, culminating with Senior Vice President and General Manager - Extremity Orthopedics. He began his career as Sales Manager at Clinical Neuro Systems (sold to Integra LifeSciences in December 1999). Mr. Ligotti earned his BA in Biology from Syracuse University, and a mini-MBA in Financial Essentials from Rutgers University.