Gary recently joined the company to preside over day-to-day business operations and direct future strategic initiatives. Mr. Peterson has spent over 40 years in the medical device, health services and finance business. Most recently Mr. Peterson came from the Steadman Philippon Research Institute Vail, Colorado as its Vice President of Strategic Initiatives and Chief Administrative Officer for the Center for Regenerative Sports Medicine. Prior he held the positions of CEO and President of both The Steadman Clinic and The Steadman Philippon Research Institute.
From 1997 to 2013 he was President and Chief Executive Officer of BATON Development Inc., a virtual incubator for new medical products and services. He was the Managing Member of BATON Ventures L.L.C. and the Venture Partner in Affinity Ventures II L.L.C., both medical venture capital funds. In addition, Mr. Peterson was President of Peterson-Spencer-Fansler Company, a capital sourcing and operational consulting company from 1991 to 2005 and a General Partner of PSF Advisors, the General Partner of PSF Health Care Fund L.P., a venture capital limited partnership. He was also President of Peterson-Spencer-Fansler Investments, Inc., a registered broker dealer and a registered investment advisor. From 1986 through 1994, Mr. Peterson served as Founder/President of Genesis Venture Development, Inc., a venture capital fund management company and Managing Partner of three associated medical venture capital funds. Mr. Peterson was co-founder of Angiomedics Incorporated and served in the capacities of Chief Operating Officer and Executive Vice President (Office of the President) from its inception in 1983 to 1986 when Angiomedics was acquired by Pfizer, Inc., renamed Schneider USA, which later sold to Boston Scientific for $2+ billion. Prior to that Mr. Peterson was Product Manager – Pulse Generators and the Long Range Product Planner for Cardiac Pacemakers, Inc. (became Guidant, and was also acquired by Boston Scientific) and held various sales and marketing management positions with Renal Systems, Inc. (became Minntech.) During summers in college he was an Operating Room Technician for St. Raphael’s Hospital in New Haven, CT.
He has served as a director of numerous private and public medical companies. In 1973 Mr. Peterson received his Bachelor Degree with double majors in Biology and Distributive Sciences at Gustavus Adolphus College in Minnesota and completed the Executive Marketing Management Program at Columbia University in New York in 1980.