CardioNet’s board of directors has appointed Randy Thurman as executive chairman.
The current executive chairman Jim Sweeney has accepted a position as entrepreneur-in-residence at the von Liebig Center at the University of California, San Diego. Sweeney will remain a member of the Board of Directors and expects to transition from the board later this year, according to the Conshohocken, Pa.-based company.
Thurman most recently served as chairman and CEO of VIASYS Healthcare, a medical technology company that was acquired by Cardinal Health in June 2007 for $1.5 billion, CardioNet said.
Sweeney founded CardioNet in 1999 and served as CEO until November 2007, assisting the company in raising more than $250 million in capital and building the business toward public offering, the company said.