Chip Draper

About Chip Draper

MEDICAL DEVICE EXECUTIVE | CEO, SVP, Head of Commercialization — I’m a high-integrity leader, business builder, and growth strategist with proven success developing and scaling companies in the medical device space. Throughout my career, I’ve led start-up and global businesses to new heights of profitability and efficiency—establishing robust infrastructures for operations and commercialization, turning around underperformance, and cultivating world-class teams along the way. Highlights of my experience include:ACCELERATING THE BUSINESS LIFECYCLE• Directed Vascular Insights, LLC, from early-stage through acquisition by Merit Medical Systems Inc.| Built the commercial organization and expanded to 35 countries. Partnered with the board and investors to restructure, rebrand, and ultimately exit the business for 6x revenue.• Board Member | Contributor in sale of AV Medical Technologies to Medtronic.| Tapped by Pritzker Vlock Family Office, primary investor in Vascular Insights, to act as interim CEO and board member, advising existing CEOs of portfolio companies. Guided strategy, shaped decisions, leading to profitable acquisitions.STRENGTHENING COMMERCIALIZATION FOR LARGE-SCALE COMPANIES• Grew Covidien’s renal portfolio through global upstream marketing.| Provided vision and direction to drive innovation, commercial, and worldwide expansion for $130M portfolio, now a standalone division within the company. Uncovered business development and licensing (BD & L) opportunities and directed new product launches.• Improved leadership and commercial performance by leading business unit global training and development organization for Covidien.| Revitalized leadership development and coaching programs, and improved training delivery for employees in 150 countries. Consolidated training operations after the $2.6B acquisition of ev3 Inc.

Experience

1. Operating Partner Medical Device Portfolio

   Pritzker Vlock Capital Management

   Jan 2019 — Present · Boston, MA, US

   Tapped by the primary investor, Vascular Insights (former company), to provide expert leadership and guidance for organizations within the medical device portfolio. Took the reins as President & CEO as needed, served on boards, and worked shoulder to shoulder with existing CEOs to advise on commercialization, restructuring, turnarounds, growth planning, and exit strategies.• E-Motion Medical, Ltd, Tel Aviv and Boston | President & CEO – Steered successful liquidation process for Israeli medical device company, saving investors >$20M.• AV Medical Technologies Ltd.| Board Member – Advised on strategy, growth planning, and developing distributor relationships worldwide, contributing to $30M acquisition by Medtronic.• Pristine Access Technologies | Board Member – Partnered with the CEO and board to build a solid foundation and establish the commercial and operational groundwork for growth.

Education

• Baker University

  Master of Business Administration (MBA)

• Rockhurst University

  Bachelor of Arts (BA) in Communications