Healthcare >> CEO Interviews >> October 26, 2004
JOSEPH DEVIVO became the new CEO of RITA Medical Systems, Inc., in
August 2003. Before joining RITA, Mr. DeVivo was President, Chief
Operating Officer and Director at Computer Motion, Inc., a leading
medical robotics company in Santa Barbara, California. During Mr.
DeVivo's tenure at Computer Motion, he executed a comprehensive
reorganization, hired key management, led the company to consecutive
record sales quarters, helped attain a new round of financing, led a
merger with competitor Intuitive Surgical and secured a 400% gain in
shareholder value. Prior to Computer Motion, Mr. DeVivo moved up through
the executive ranks at United States Surgical Corporation, a division of
TYCO Healthcare in Norwalk, Connecticut. His last role there was as vice
president and general manager of a $350 million division where he helped
win a $400 million sole source GPO agreement, U.S. Surgical's first
compliant sole source GPO contract in company history. Profile
year at Rita Medical Systems that investors should focus on?
Mr. DeVivo: 2004 has been a very important year for RITA
