Board of Directors and Executive Management Team

Kenneth P. Fallon, III

Chairman of Board of Directors

Sam Owusu-Akyaw

President, Chief Executive Officer and Director

Stephen S. Galliker

Director

Cato T. Laurencin, M.D., Ph.D. Director

Robert J. Palmisano

Director

James M. Shannon

Director

Robert M. Wynalek

President, Domestic

Mark H. Burroughs

Executive Vice President, Chief Financial Officer

Robert W. Honneffer Executive Vice President, Global Operations
Robert C. Cohen Senior Vice President of Tissue Engineering
Michael P. McCarthy Senior Vice President of Sales
Mohamed Attawia, M.D. Vice President, Applied Development
Greg Cannedy Vice President, Quality Assurance, Regulatory Affairs & Good Tissue Practices
Donna A. Haag Vice President, Supply Chain
Roman Hitchev, M.D., C.P.T.C. Vice President International and Managing Director and President OCBG
Kai H. Lo General Manager, Collagen and Vice President, Business Planning & Enterprise Information Systems
Xavier Rego Vice President, Global Marketing
Martin Rexroad Vice President, Human Resources
Larry Shimp, Ph.D. Principal Technology Officer

Kenneth P. Fallon, III has served as a director of Osteotech since June 1995, and as Chairman of the Board since November 2005. Since March 2004, Mr. Fallon has been an Associate with Kairos Partners, an investment firm and a stockholder that owns approximately 9.2% of the Company's outstanding stock. Mr. Fallon retired as the Chairman of the Board of Axya Medical, Inc., a Massachusetts based privately held medical device company, in March 2003 and was the Chief Executive Officer of Axya Medical Inc., from May 1999 until December 2002. In 1997 and 1998, Mr. Fallon was President of the surgical business at Haemonetics Corporation. In 1994 and 1995, Mr. Fallon served as Chief Executive Officer and Chairman of the Board of UltraCision, Inc., a developer and manufacturer of ultrasonically powered surgical instruments. UltraCision, Inc. was sold to Ethicon EndoSurgery, a unit of Johnson & Johnson, Inc., in November 1995. From 1992 through 1994, Mr. Fallon served as President and Chief Executive Officer of American Surgical Technologies Corporation. Mr. Fallon was President, U.S. Operations of Zimmer, Inc., then a subsidiary of Bristol-Myers Squibb Company from 1991 to 1992. From 1985 through 1991 he served as President of Zimmer's Orthopaedic Implant Division, and from 1983 to 1985 as its Vice President of Marketing. Mr. Fallon previously served in positions of significant responsibility with the Codman and Orthopedic Divisions of Johnson & Johnson, Inc. Mr. Fallon is also a director of Conformis Inc., a privately held medical device firm. Mr. Fallon has a B.B.A. degree in marketing from the University of Massachusetts and an M.B.A. degree from Northeastern University.

Sam Owusu-Akyaw joined Osteotech in July 2004 as President and Chief Operating Officer and a member of the Board. Since January 2006, he has served in his current position of President, Chief Executive Officer and Director. Prior to joining Osteotech, Mr. Owusu-Akyaw served as General Manager of Medtronic Midas Rex and Vice President of Medtronic, Inc. from 2000 through June 2004, and Chief Operating Officer of Medtronic Midas Rex from 1999 to 2000. Mr. Owusu-Akyaw was Vice President of Operations of DePuy-Acromed, a Johnson & Johnson Company, from 1998 to 1999 and Vice President of Acromed, Inc. from 1996 to 1998. Mr. Owusu-Akyaw was Vice President, BMS Productivity for Growth Initiative of Bristol-Myers Squibb Company from 1994 to 1996. From 1977 to 1994, Mr. Owusu-Akyaw served in positions of increasing responsibility with Zimmer, Inc., then a subsidiary of Bristol-Myers Squibb Company. Mr. Owusu-Akyaw has a B.A. degree in accounting and computer science from Manchester College and an M.B.A. in finance and operations from the University of Houston.

Stephen S. Galliker has served as a director of Osteotech since March 2004. Mr. Galliker served as Executive Vice President, Finance and Administration, and Chief Financial Officer of Dyax Corp., a biopharmaceutical company from September, 1999 until his retirement in July, 2008. He was Chief Financial Officer of Excel Switching Corporation, a developer and manufacturer of open switching platforms for telecommunications networks, from July 1996 to September 1999, and was Excel's Vice President, Finance and Administration from September 1997 to September 1999. Mr. Galliker was employed by UltraCision, Inc., a developer and manufacturer of ultrasonically powered surgical instruments from September 1992 to June 1996. At UltraCision, Inc., Mr. Galliker was Chief Financial Officer and Vice President of Finance until November 1995 and Chief Operating Officer from December 1995 to June 1996. In addition, Mr. Galliker has been a director of RXi Pharmaceuticals, a publicly held biopharmaceutical company, since 2007. Mr. Galliker has a B.S.B.A. in management and finance from Georgetown University and an M.B.A. from the University of Chicago.

Cato T. Laurencin, M.D., Ph.D. has served as a director of Osteotech since September 2008. Since August 2008, Dr. Laurencin has been the Vice President for Health Affairs and the seventh dean of the School of Medicine at the University of Connecticut. At the University of Connecticut, Dr. Laurencin also holds the Albert and Wilda Van Dusen Endowed Chair in Academic Medicine and is a Distinguished Professor of Orthopaedic Surgery. From February 2003 until August 2008, Dr. Laurencin was the Lillian T. Pratt Distinguished Professor and Chair of the Department of Orthopaedic Surgery at the University of Virginia. Dr. Laurencin also was designated a University Professor by the President of the University of Virginia. Prior to February 2003, Dr. Laurencin held various positions of increasing responsibility at Drexel University, including the Helen I. Moorehead Distinguished Professor of Chemical Engineering, Vice Chairman of the Department of Orthopaedic Surgery and the Director of Shoulder Surgery, and at MCP-Hahnemann School of Medicine, including Clinical Professor of Orthopaedic Surgery and Research Professor of Pharmacology and Physiology. Dr. Laurencin has a B.S.E. degree in chemical engineering from Princeton University and earned his medical degree from Harvard Medical School. Dr. Laurencin also has a Ph.D. in biochemical engineering/biotechnology from the Massachusetts Institute of Technology. Dr. Laurencin has been named to America’s Top Doctors and America’s Top Surgeons, and is a Fellow of the American Surgical Association, the American College of Surgeons, the American Academy of Orthopaedic Surgeons and the American Institute for Medical and Biological Engineering, and an International Fellow in Biomaterials Science and Engineering. Dr. Laurencin sits on the National Science Foundation’s Advisory Committee for Engineering, and has served both on the National Science Board of the Food and Drug Administration and the National Advisory Council for Arthritis, Musculoskeletal and Skin Diseases at National Institutes of Health. Dr. Laurencin is a member of the Institute of Medicine of the National Academy of Sciences. Dr. Laurencin’s research involves tissue engineering, biomaterial science and nanotechnology and he was recently honored by Scientific American Magazine as one of the top 50 innovators of 2007 for his technological work in the regeneration of knee tissue. Dr. Laurencin has been widely published in scholarly journals and holds more than twenty U.S. patents.

Robert J. Palmisano has served as a director of Osteotech since March 2005. Mr. Palmisano is currently the President and Chief Executive Officer of ev3, Inc., a medical device company focused on catheter-based technologies for the endovascular treatment of vascular diseases and disorders. From November 2007 until April 2008, Mr. Palmisano was a venture partner with SV Life Sciences in Boston, Massachusetts. From April 2003 until April 2008, Mr. Palmisano was the President, Chief Executive Officer and a director of IntraLase Corp., a company engaged in the design, development and manufacture of laser products for vision correction, which was acquired by Advanced Medical Optics, Inc. in April 2007. Prior to joining IntraLase, from April 2001 to April 2003, Mr. Palmisano was the President, Chief Executive Officer and a director of MacroChem Corporation, a development stage pharmaceutical corporation. From April 1997 to January 2001, Mr. Palmisano served as President and Chief Executive Officer and a director of Summit Autonomous, Inc., a global medical products company that was acquired by Alcon, Inc. in October 2000. Prior to 1997, Mr. Palmisano held various executive positions with Bausch & Lomb Incorporated, a global eye care company. In addition, Mr. Palmisano has been a director of OraMetrix, Inc. since October 2005; director of LenSx Lasers Inc. since February 2008; director of I-Therapeutix Inc. since March 2008; and ev3, Inc. since April 2008. Mr. Palmisano has a B.A. degree in Political Science from Providence College.

James M. Shannon has served as a director of Osteotech since March 2007. Since June 2002, Mr. Shannon has been the President and Chief Executive Officer of the National Fire Protection Association (the "NFPA"), an international organization which is the world's leading advocate for fire prevention, providing and developing codes and standards, research, training and education. From 1991 until June 2002, he was Senior Vice President and General Counsel of NFPA. Formerly, Mr. Shannon was the Attorney General of the Commonwealth of Massachusetts from 1987 to 1991 and a Senior Partner at the law firm of Hale & Dorr from 1985 to 1987. From 1979 to 1985, Mr. Shannon represented the Commonwealth of Massachusetts in the U.S. House of Representatives, where he served as a member of the Ways and Means Committee for six years and served on the Trade, Health and Social Security Subcommittees. Mr. Shannon has a B.A. degree from Johns Hopkins University and a J.D. from George Washington University.

Robert M. Wynalek joined Osteotech in September 2004 and was elected President Domestic in April 2006. From September 2004 to April 2006, Mr. Wynalek served as Senior Vice President Sales & Marketing. Mr. Wynalek has more than 26 years of sales, marketing and general management experience in the medical device and related industries. Mr. Wynalek served as Vice President of Marketing for Medtronic Powered Surgical Solutions from April 1999 until September 2004, and as Director, Powered Surgical Systems, for Sofamor Danek Group, from June 1996 until April 1999. From September 1990 until June 1996 Mr. Wynalek served in positions of increasing responsibility with Smith & Nephew Orthopaedics. From June 1981 until September 1990 Mr. Wynalek held positions with Becton Dickinson and Company and Lever Brothers Company. Mr. Wynalek has a B.S.B.A. in Marketing from Bowling Green University.

Mark H. Burroughs has served as the Company's Executive Vice President and Chief Financial Officer since January 2006. Mr. Burroughs also serves on the Finance Committee of the American Association of Tissue Banks since 2004.  Mr. Burroughs joined Osteotech in November 2000 as Vice President Finance and Treasurer. Prior to joining Osteotech, Mr. Burroughs was Senior Vice President, Finance for MEDIQ/PRN Life Support Services, Inc. During his nine-year tenure with MEDIQ/PRN, from November 1992 to October 2000, Mr. Burroughs served in a variety of executive level capacities in finance, operations, business development and mergers and acquisitions. Previously, Mr. Burroughs held positions of increasing responsibility for nine years with Deloitte & Touche. Mr. Burroughs is a Certified Public Accountant and has a B.S. in accounting from Montclair State University.

Robert W. Honneffer joined Osteotech in September 2004 and was elected Executive Vice President, Global Operations in January 2009.  From April 2006 until January 2009, he served as Senior Vice President Operations. From December 2004 to April 2006 Mr. Honneffer served as Vice President Operations and from September 2004 to December 2004 he served as Vice President Supply Chain & Distribution. Mr. Honneffer has over 30 years of diversified medical device experience. Immediately prior to joining Osteotech, Mr. Honneffer served as Director of Customer Services and Technical Support at Medtronic Powered Surgical Solutions. Prior to Medtronic, Mr. Honneffer held positions in business development and general management with CASurgica Inc., OrtoMaquet AG, and Unique Instruments Inc.  From 1973 until 1997, Mr. Honneffer held various positions of increasing responsibility with Zimmer, Inc., then a division of Bristol-Myers Squibb Inc.  Mr. Honneffer has an M.S. in Business Administration from St. Francis College and a B.S. in Mechanical Engineering from Youngstown State University.

Robert C. Cohen joined Osteotech in January 2009 as the Senior Vice President of Tissue Engineering. Mr. Cohen has 25 years of experience in the medical technology industry with a focus on product development for orthopedic devices and related biologics. Prior to joining Osteotech, Mr. Cohen served as Chief Technology Officer at Pipeline Biomedical Holdings, a medical product and technology development company. Before this, Mr. Cohen served as the President of Zimmer Spine, Inc., a spinal products company; he has also served as the General Manager/Vice President, Research and Development at Zimmer Trabecular Metal Technology, Inc., a company focused on orthopedic reconstructive prosthetic and spinal implant systems, bone replacements and musculoskeletal research. Before these roles, Mr. Cohen was the Vice President, Research and Development at Implex Corp., a reconstructive, spinal and trauma implant and surgical instrumentation developer. Mr. Cohen earned a Master of Science in Engineering Management, a Master of Science in Mechanical Engineering and a Bachelor of Science in Mechanical Engineering all from the New Jersey Institute of Technology. Mr. Cohen has 25 patents and 35 publications to his credit.

Michael P. McCarthy joined Osteotech in January 2009 as the Senior Vice President of Sales. Mr. McCarthy has more than 30 years of diversified sales and management experience with medical technology products. Prior to joining Osteotech, Mr. McCarthy served as Chief Business Officer of Pipeline Biomedical Holdings, a medical product and technology development company. Before this, Mr. McCarthy was President and CEO at Endius Inc., a minimally invasive surgical spine device company. Mr. McCarthy has also served as the global Vice President of Sales and Marketing for Implex Corp., a reconstructive, spinal, trauma and sports medicine developer. Before Implex, Mr. McCarthy was a principal at Oxford Medical Inc., the largest independent sales distribution organization for the Johnson & Johnson orthopedic product portfolio. Mr. McCarthy began his career in the industry at Johnson & Johnson where he held a variety of corporate orthopedic sales and marketing positions. Mr. McCarthy holds a Bachelor of Science in Business Administration from Villanova University.

Mohamed Attawia, M.D. has served as the Company's Vice President, Applied Development since May, 2008. Dr. Attawia joined Osteotech in January, 2007, as Senior Director of Product and Business Development. Prior to joining Osteotech, Dr. Attawia was a Principal Scientist and the Disc Program Leader at Depuy Biologics, Johnson & Johnson. Dr. Attawia is a visiting Research Associate Professor at the School of Biomedical Engineering, Science and Health Systems at Drexel University. Dr. Attawia has many years of experience in industry and education. Dr. Attawia earned his M.D. degree at Cairo University College of Medicine (Cairo, Egypt) and his Masters Degree in Biomedical Sciences from Northeastern University (Boston, MA). Dr. Attawia spent two years as a postdoctoral fellow at MIT-Harvard Division of Health Sciences and Technology (HST) before joining Allegheny University as an Assistant Professor. Later, Dr. Attawia was appointed as a Research Associate Professor in the Department of Chemical Engineering at Drexel University. Dr. Attawia is interested in applying new biological technology in treating various orthopedic disorders. Dr. Attawia has many publications and 3 U.S. issued patents and 37 patent applications in this field and in the area of musculoskeletal disorders.

Greg Cannedy joined Osteotech in May, 2006 as the Senior Director, Quality Assurance and Regulatory Affairs and was elected Vice President, Quality Assurance, Regulatory Affairs & Good Tissue Practices in May, 2007. Prior to joining Osteotech, Mr. Cannedy has over 20 years in the areas of regulatory affairs, quality systems, compliance and clinical affairs. Mr. Cannedy has consulted to both the IVD and medical device industries. Mr. Cannedy served as the Director, Regulatory Affairs for Medtronic Powered Surgical Solutions, and as a Senior Regulatory/Clinical Affairs Principle at DePuy-Acromed (a Johnson & Johnson Company). Mr. Cannedy was a sales representative for API and has held various clinical laboratory positions. Mr. Cannedy holds an EMBA from Cleveland State University and has a Bachelor's of Science in Medical Technology from Old Dominion University.

Donna A. Haag has served as the Company's Vice President Supply Chain since April 2006. Ms. Haag joined Osteotech in July 1989, originally as Operations Manager and held the positions of Director Operations and Senior Director Operations through October 1997. From October 1997 through December 2000, Ms. Haag held the position of Senior Director Operations Engineering and Technology. From January 2001 through June 2004, Ms Haag held the position of Senior Director New Business Development. From June 2004 through December 2004 she held the position of Senior Director Marketing and from January to April 2006 she served as Vice President Supply Chain and Distribution. Prior to joining Osteotech, Ms. Haag was a Project Manager for the Technical Operations Division of E.R. Squibb & Sons. Ms. Haag has a B.S.E. degree from the University of Pennsylvania and a M.S. degree in management science from Stevens Institute of Technology.

Roman Hitchev, M.D., C.P.T.C., Vice President International and Managing Director and President OsteoCentre Bulgaria, joined Osteotech in May 2002. Prior to joining Osteotech, Dr. Hitchev was the Executive Director of the Lions Eye and Tissue Bank in Washington, Maryland and Virginia. Dr. Hitchev has over 15 years experience in organ and tissue procurement. In 2004 Dr. Hitchev was elected President of the Bulgarian Association of Tissue Banks and in 2005 was elected as a Board Member of the European Association of Tissue Banks (EATB) and subsequently elected President of the 15th Congress of the EATB. Dr. Hitchev is a member of the American Association of Tissue Banks, National Association of Transplant Coordinators and the American College of Physician Executives. Dr. Hitchev has an M.D. degree from the Varna Medical School and since 1998 has been board certified as a Certified Transplant Procurement Coordinator by the American Board for Transplant Certification. In 2009 Dr. Hitchev was elected as President Elect of the European Association of Tissue Banks.

Kai H. Lo joined Osteotech in August 2005 as Vice President/Controller Domestic Operations. In 2008, Mr. Lo assumed the position of General Manager, Collagen and Vice President, Business Planning & Enterprise Information Systems. Prior to joining Osteotech, Mr. Lo was Division Controller for Medtronic Midas Rex from 2001 through August 2005. From 1999 through 2001 Mr. Lo held the position of Corporate Controller at Saltmine, a privately held web development and consulting company. Prior to 1999, Mr. Lo held various positions of responsibility in diverse companies and industries, including DePuy AcroMed, The Wilkinson Company and Nationwide Insurance. Mr. Lo has a B.S. in Finance and an M.B.A. in Finance and International Business from The Ohio State University as well as an MA in Economics from The Cleveland State University.

Xavier Rego has served as the Company's Vice President, Global Marketing since November, 2008.  From May, 2008, Mr. Rego held the position of International Marketing and International Sales Administration.  Mr. Rego joined Osteotech in January, 2007 as Director, International Marketing. Mr. Rego has over 18 years of sales, marketing and business development experience in medical device and related industries, and in the Domestic market as well as in the International markets.  Mr. Rego held various positions of responsibility in the Interventional Cardiology and Generic Drugs industries, including Boston Scientific and Pliva. Mr. Rego also served as Director, Global Marketing for Zimmer, Inc., as well as other various positions of increasing responsibility with Zimmer, Inc.  Mr. Rego has an M.D. from the University of Barcelona and an M.B.A. in International Business, also from Barcelona.

Martin Rexroad joined Osteotech on April 9, 2007 as Vice President, Human Resources. Prior to joining Osteotech, Mr. Rexroad served as Vice President, HR Service Center at New York Life Insurance Company where he was responsible for Recruiting, Talent Management Support, Benefits Administration, Payroll, HR Systems, and Project Management. Prior to joining New York Life Insurance in 2005, Mr. Rexroad worked for Altria Corporate Services, Inc. and Philip Morris USA for over 17 years. At Altria Corporate Services, Inc., Mr. Rexroad served as Director, HR Development where he was a key team member responsible for designing and deploying a global talent management system and managing a global support organization. At Philip Morris USA, Mr. Rexroad was Director Strategic Staffing; Director, HR Decision Support - Northeast Sales Region; Manager, HR Operations; and Labor Relations Specialist. Mr. Rexroad also worked in Management and Organization Development, Compensation and Benefits. Mr. Rexroad is a member of the Society of HR Management and the HR Planning Society. Mr. Rexroad has a M.S. in Human Resources and Labor Relations and a B.S. in Business Management from Virginia Polytechnic Institute and State University.

Larry Shimp, Ph.D. has served as the Company's Principal Technology Officer since May, 2008. Dr. Shimp joined Osteotech in May of 1992 as Senior Director, Ceramics and Coatings, when his then current employer, CAM Implants, was acquired by Osteotech. From 1998 to 2006, Dr. Shimp held the position of Senior Director of Process Development, and from 2006 to April 2007 he served as Senior Director of Technology. Before joining Osteotech, Dr. Shimp held various positions starting with FMC Corporation in the Inorganic Chemicals Division as a Scientist, then at Coors Biomedical as Manager of R&D, and finally at CAM Implants as Director of R&D. Degrees include a Ph.D. in Chemistry from MIT, and a B.A. in Chemistry from Northwestern University.

For more information please contact Osteotech, Inc.

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