Management
David R. LaVance, Chairman, President, and Chief Executive Officer
Mr. LaVance became the Company’s President and Chief Executive Officer and the Chairman of its Board of Directors on March 21, 2003. He also is the President and co-founder of Century Capital Associates LLC, a consulting firm which was founded in 1997. From 1995 through 1997 Mr. LaVance was a Managing Director of KPMG Health Ventures, an advisory group providing investment banking services to healthcare service providers. Before joining KPMG Health Ventures, Mr. LaVance was a founder of Physicians Data Corporation, a startup health informatics company formed in 1994, and served as the President of Nuclear Care, Inc., a nuclear imaging clinical services provider from 1992 through 1995. Before founding Nuclear Care, Mr. LaVance held a series of operating positions with Dornier Medtech America, Inc., a medical device company that specializes in lithotripters and other medical devices. Mr. LaVance currently is a member of the Board of Directors of Hologic, Inc. (NASDAQ: HOLX), a publicly traded medical device company specializing in women’s health. Mr. LaVance received a B.A. degree from Furman University and a J.D. degree from Washington College of Law of the American University.
Thomas S. Gifford, Executive Vice President, Secretary, and Chief Financial Officer
Mr. Gifford became the Company’s Executive Vice President, Chief Financial Officer (Treasurer) and a director on March 21, 2003. He later became the Secretary of the Company on July 22, 2003. Mr. Gifford is also the Vice President and co-founder of Century Capital Associates LLC. He is a licensed attorney in New York and New Jersey and is a Certified Public Accountant. He was formerly a Manager and Associate Director of KPMG Health Ventures. Prior to KPMG Health Ventures, Mr. Gifford was an accountant for KPMG Peat Marwick LLP from 1990 through 1994, where he provided auditing and financial due diligence services to various publicly traded and privately held emerging technology companies. Mr. Gifford currently serves on the Board of Directors of Maloy Risk Services, Inc., a privately held insurance brokerage. Mr. Gifford received a B.S. degree from Rutgers University and a J.D. degree from Seton Hall University School of Law.