Ralph A. Goldwasser, Chief Financial Officer, of Myomo, Inc. is retiring effective as of February 18, 2019. The news was announced today. Mr. Goldwasser, age 71, will provide transitional services to the Company for an expected three-month term under a transition and consulting agreement.
Mr. Goldwasser will be succeeded by David Henry, effective February 18, 2019. Mr. Henry, age 57 has more than thirty years of experience in high-technology manufacturing companies, including more than a dozen years as Chief Financial Officer of publicly traded companies. Mr. Henry is joining Myomo from Eos Energy Storage, a privately held manufacturer of grid-scale energy storage systems for utilities and renewable project developers, where he has served as Chief Financial Officer since August 2017. Prior to Eos, Mr. Henry served as Chief Financial Officer of American Superconductor Corporation (NASDAQ: AMSC) from July 2007 to June 2017 and as Chief Financial Officer of AMI Semiconductor (NASDAQ: AMIS), from April 2004 to July 2007. He has also held various financial executive roles at Fairchild Semiconductor and National Semiconductor.
Paul R. Gudonis, Chairman and CEO of Myomo, said, “I would like to thank Ralph, who has worked with me at Myomo for the past eight years, first as a consulting CFO and later as our Chief Financial Officer, enabling us to raise growth capital, including leading our June 2017 IPO and listing on the NYSE American exchange and our follow-on equity financing in December of 2017. We wish Ralph the best in his retirement. We are pleased to have David Henry join Myomo’s executive team as Chief Financial Officer. David has extensive experience to support our efforts to grow the Company.”
Myomo Inc. is a wearable medical robotics company that offers expanded mobility for those suffering from neurological disorders and upper limb paralysis.