Orthofeet has announced the appointment of Mark Koide as chief executive officer and Rick Hynes as chief financial officer. The senior executives are the first management hires by the therapeutic shoe, insole, and sock company since it was acquired by an investor group led by Tuckerman Capital and Equis Capital in December 2010.
“We are excited to have Mark and Rick lead the company to our next phase of success,” said Ron Bar, PhD, Orthofeet co-founder. “Mark and Rick have strong track records, as a team and individually, of accelerating business growth while honoring the vision of the original founders. We anticipate a smooth transition and look forward to taking Orthofeet to the next level.”
Koide has held executive roles in a range of business environments from top-tier multinational organizations to early stage ventures. Hynes has extensive experience in accounting and finance.
“Rick and I were attracted to Orthofeet because of its advanced engineering, focus on quality, and the authentic compassion behind this innovative brand,” Koide said. “As the diabetic patient population increases, Orthofeet is poised to grow with superior footwear alternatives that improve our consumer’s quality of life by enhancing their mobility.”