Nick A. Deeter, formerly of OrthoPediatrics Corp., has been named as the next Chief Executive Officer and Chairman of the Board at Nextremity Solutions, Inc. Deeter has more than 30 years of business leadership and health care industry experience.
After initiating his orthopedic career at Zimmer, Deeter spent seven years with DePuy Orthopaedics (a Johnson & Johnson company) where he was responsible for health care compliance administration, medical affairs, and Orthogenesis (custom devices). Then in 2006 Deeter founded OrthoPediatrics, Corp., the only orthopedic company focused on implants for children.
“I am excited to lead Nextremity Solutions through its next growth phase. The foot and ankle segment of the orthopaedic industry continues to grow rapidly. The intellectual property behind the company’s products is second to none, ” said Deeter in the January 14, 2015 news release.
Rod K. Mayer will continue as president of Nextremity where he will focus on product development, sales and marketing, as well as devoting himself to building and maintaining surgeon relationships.
Mayer noted, “Having known Nick since our high school years of being teammates on the football field, I am positive that our combined skillsets and passion for excellence will bring strength and an overall commitment to executing on our strategy of becoming recognized as the leader for innovative product development in the minds of surgeons in the global foot and ankle market. I look forward to a very exciting and productive 2015 and to a successful journey as we continue to build our business together, one relationship at a time.”
“Rod and I have been friends since we were teenagers, growing up in Warsaw. As successful entrepreneurs, in the Orthopaedic Capital of the World, we were destined to eventually co-labor together, to help our local community during uncertain times and advance the care of individuals, worldwide, with foot and ankle problems, ” says Deeter.
Deeter told OTW, “We have some very innovative products that are about to be launched to the worldwide foot and ankle orthopaedic market. I will focus on the international sales effort and our president, Rod Mayer, will focus on domestic sales. We will quickly gain the mindshare of surgeons that perform foot and ankle surgery as being the company that provides solutions and better surgical outcomes through innovation.”
For an initial rockstar company rapidly growing in the foot and ankle world, Nextremity has been a dismal failure in sales growth (read that as negative growth) over the past year. Mr. Deeter has his work cut out for him and hopefully will turn this company around. Doubt that past management will be of any use to him.