Vericel Corporation (NASDAQ: VCEL), a leader in advanced therapies for the sports medicine and severe burn care markets, has announced the appointment of Karen Mahoney as its new Chief Human Resources Officer (CHRO). Mahoney succeeds Heidi Hassen, who has retired after serving as Vericel’s Head of Human Resources since September 2010.
An Experienced Leader Joins Vericel
Karen Mahoney brings more than two decades of HR experience in the life sciences and medical device sectors. Most recently, she was the Chief Human Resources Officer at Abiomed, a global medical device company acquired by Johnson & Johnson in December 2022. At Abiomed, Mahoney was instrumental in leading HR strategy and operations, focusing on talent selection, leadership development, and driving business performance. Following the acquisition, she played a crucial role in integrating HR programs into Johnson & Johnson.
Before Abiomed, Mahoney held significant roles at PerkinElmer, culminating as a Global Talent Leader. Her extensive background and leadership in HR will be invaluable to Vericel as it continues to grow and innovate.
Leadership Remarks
“I am delighted to welcome Karen to Vericel,” said Nick Colangelo, President and CEO of Vericel. “Karen has a strong track record of building high-performing teams and driving strong business results in high-growth organizations. I am confident that her extensive strategic and executive leadership experience in the Human Resources and medical technology fields will play an instrumental role in driving continued organizational success for Vericel in the years ahead.”
Karen Mahoney shared her enthusiasm about joining Vericel: “I am honored to join Vericel and am excited for the opportunity to build upon Vericel’s strong foundation as we continue to foster a purpose-driven, patient-focused culture that attracts and retains world-class talent. I look forward to partnering with our talented teams to support Vericel’s long-term growth and drive continued value for our patients and our shareholders.”
About Karen Mahoney
Karen Mahoney earned her Bachelor of Arts in Marketing from Assumption College and her Master of Business Administration from Suffolk University. Her diverse experience and educational background make her well-suited to lead Vericel’s HR initiatives and support its mission of providing advanced therapies to improve patients’ lives.
About Vericel Corporation
Vericel Corporation is a leading provider of advanced therapies for sports medicine and severe burn care markets. By combining innovations in biology with medical technologies, Vericel has developed a highly differentiated portfolio of innovative cell therapies and specialty biologics designed to repair injuries and restore lives.
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