MedSource Announces Appointment of New CFO

MINNEAPOLIS -- MedSource Technologies, Inc., an engineering and manufacturing services provider to the medical device industry, announces the appointment of William Kullback to the position of senior vice president and chief financial officer of MedSource. Kullback will succeed Joseph Caffarelli, who accepted a position as executive vice president with a privately held medical device company in Minneapolis.

Kullback has over 18 years of senior executive experience, most recently as the chief financial officer for Pemstar, a Rochester, Minn.-based multinational manufacturing and engineering company serving the electronic manufacturing services (EMS) industry.

"Bill is well suited to succeed Joe Caffarelli, who played a leading role in MedSource's successful initial public offering, and who leaves behind a strong finance organization, and we wish Joe well in his new position," said Richard Effress, chairman and chief executive officer of MedSource. "Bill's previous demonstrated performance as a strong functional leader and team player will be valuable to our continuing success. We welcome him to the MedSource team and look forward to his contributions to support our mission to provide superior engineering and manufacturing services to leading medical device companies."

MedSource Technologies, Inc. provides engineering and manufacturing services, and supply-chain management solutions to the medical device industry. Customers include many of the largest medical device companies in the world as well as emerging device companies. Headquartered in Minneapolis, MedSource offers product development and design services, precision metal and plastic part manufacturing, and product assembly and supply chain management services. Production facilities are located throughout the United States as well as in Navojoa, Mexico.

Source: PRNewswire