- Push-out Score determined
- After about 13 years in the position
- Praise for Dunn
- Laura Francis taking over
- Dunn will remain as Executive Chairman at Si-Bone
- Dunn said 89 words
(exechange) — Santa Clara, California, January 7, 2021 — Jeff Dunn, chief executive of Si-Bone, leaves his position. As announced by Si-Bone Inc. in a news release and in a regulatory filing published on Thursday, January 7, 2021, Jeffrey W. (Jeff) Dunn leaves his post as chief executive officer of the medical device company after about 13 years in the role.
Jeff Dunn’s duties as CEO will be taken over by Laura Francis, currently Chief Financial Officer and Chief Operating Officer of Si-Bone Inc.
The Company will begin a search for a new CFO immediately and senior leadership changes will occur upon the earlier of the CFO replacement or May 1, 2021.
Jeff Dunn’s move forms part of a management shake-up also involving the position of President, Commercial Operations.
No reason given
In the announcement, Si-Bone did not explicitly explain the reason for Jeff Dunn’s move, leaving room for speculation.
Dunn will remain as Executive Chairman at Si-Bone
“As CEO, Laura Francis will succeed Jeff Dunn, who will remain with the Company as Executive Chairman,” Si-Bone said.
Share price increase since January 2020
The announcement follows an increase in Si-Bone Inc.’s share price of 35% since January 2020.
In the position of CEO since 2008
Jeff Dunn became CEO of the Company in 2008.
Jeffrey W. Dunn has served as the Company’s President and Chief Executive Officer and as the Chairman of the Company’s Board of Directors since the Company’s inception in April 2008.
Prior to joining the Company, Dunn served as Chief Executive Officer of INBONE Technologies, Inc., an ankle replacement and small bone fusion medical device company, from December 2006 to April 2008, until its sale to Wright Medical Technology, Inc. in April 2008.
From August 2000 to June 2006, Dunn was the Chief Executive Officer of Active Decisions, Inc., a software as a service business, until its sale to Knova Software, Inc.
From December 1999 to June 2000, Dunn was the Chief Executive Officer of Velogic, Inc., an internet performance testing software company, until its sale to Keynote Systems Inc.
From June 1999 to December 1999, Dunn was the Chief Executive Officer of EnterpriseLink Inc., a provider of enterprise Internet enablement software, until its sale to Merant, Inc.
From November 1994 to June 1998, Dunn was Chief Executive Officer of AccelGraphics Inc., a 3D graphics system supplier, until its sale to Evans and Sutherland Computer Corporation.
As well, during his career, Dunn held executive positions with Evans and Sutherland, Cygnet Systems, Inc., Avnet, Inc. and Xerox Corporation.
Dunn received a B.A. from Colgate University and an M.B.A. from Babson College.
Push-out Score determined
The Push-out Score™ determined by exechange gauges the pressure surrounding Jeff Dunn’s move on a scale of 0 to 10.
exechange reached out to Si-Bone and offered the company the opportunity to comment on the score.
Read the full story in the exechange report 2.2021 ($).