This excerpt taken from the STJ 8-K filed May 7, 2007.
Michael J. Coyle to Transition Leadership Role Over Next Few Months
ST. PAUL, Minn. May 7, 2007 St. Jude Medical, Inc. (NYSE: STJ) today announced that Eric S. Fain will become President of its Cardiac Rhythm Management Division (CRMD) effective July 1, 2007, succeeding Michael J. Coyle, who will transition out of this role after 13 highly successful years with the company.
Eric Fain has been with St. Jude Medical companies for 20 years, most recently as Executive Vice President for Development and Clinical/Regulatory Affairs for CRMD, the companys largest division.
Eric Fain is a 20-year veteran of the ICD business, who has played an integral role in the success of our Cardiac Rhythm Management Division, said Daniel J. Starks, Chairman, President and Chief Executive Officer of St. Jude Medical, Inc. His clinical, regulatory, and product development experience and knowledge make him ideally suited to lead this group.
Mike Coyle has been an important part of St. Jude Medicals success for more than a decade, leading both our Cardiac Rhythm Management group and the former Daig Division, continued Starks. He has provided strong leadership during a time of tremendous growth. Mikes commitment and contributions to St. Jude Medical have given him significant career, financial and personal independence and flexibility and Mike has informed me that he would like to transition out of the role over the course of 2007. We thank Mike for his contributions, his commitment and his enthusiasm. Eric and Mike will work closely over the next few months to ensure a seamless transition.
Eric has been responsible for managing all implantable cardioverter defibrillator (ICD), pacemaker, and related product and technology development; U.S. and international regulatory submissions; U.S. and international clinical studies; and the U.S. field clinical engineering and technical support organizations for CRMD.
He joined Ventritex (now part of St. Jude Medical) in 1987 and was named CRMDs Senior Vice President, Clinical Engineering and Regulatory Affairs in 1998. In 2002, his role broadened to include Product Development responsibilities, and in 2005 he was promoted to his current position.
Eric received his M.D. from the Stanford University School of Medicine. He also holds a Bachelor of Science degree in Applied Math/Biology from Brown University, where he graduated magna cum laude. He holds approximately 36 U.S. patents and has been widely published in clinical journals, having served as an author on more than 25 manuscripts.
Mike Coyle joined St. Jude Medical in 1994 as Director of Business Development. In 1997, he was named President of St. Jude Medicals Daig Division. He has been President of the Cardiac Rhythm Management Division since 2001.