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Chicago, IL. OpenMarkets, Inc., the leading online platform for buying, selling and managing healthcare equipment, announced Trevor Wood as its CEO, effective July 22nd.  Wood is a long-time member of the company’s executive team, having joined OpenMarkets in 2012.

“Trevor is a customer-focused, impassioned leader,” stated Dan Michalek, OpenMarkets Founder and member of the Board of Directors. “He has brought tremendous value to everyone in our organization and understands the opportunity in front of us to improve how the industry buys and sells equipment. More than anyone, Trevor has the vision, integrity, and leadership skills to drive impactful change and steer OpenMarkets into its next phase of growth.”

OpenMarkets streamlines how healthcare providers and equipment suppliers work together. Powered by a robust platform, OpenMarkets helps providers plan, buy and sell equipment. For suppliers, OpenMarkets is smart marketing, lead generation and access to unique data that helps them serve their customers and prospects more efficiently.

“Today’s equipment marketplace is far too complicated and inefficient,” says Wood. “With a company mission, software platform and team dedicated to creating better access, visibility and data for all, OpenMarkets is uniquely positioned to deliver significant value to the industry.”

In his previous role as Senior Vice President, Wood led the commercial group, and was responsible for the company’s success in partnering with global equipment suppliers including GE Healthcare, STERIS, and Medline. 

Activity on the OpenMarkets platform is growing approximately 250% per year.

“I’m honored by this opportunity and look forward to working with the entire OpenMarkets team to continue increasing the value we deliver to our customers through operational and cost efficiencies,” said Wood. “By delivering best-in-class data and software solutions, we are well-positioned to expand our influence optimizing the healthcare supply chain.”

Wood brings more than 15 years of medical equipment experience to the role, having joined OpenMarkets following eight years in the medical device business unit of Hospira, Inc. (now ICU Medical) with a focus on business development, partnerships and strategic contracting. He will also be joining the company’s Board of Directors.

Wood is a graduate of Trinity College in Hartford, CT. He succeeds Michael Fineberg as CEO. 

Tom Derrick

Tom leads a range of core functions for OpenMarkets, including strategic partnerships and marketing. Prior to OpenMarkets, Tom served as a senior communications director for... More about Tom Derrick