The firm hired a new Chief Financial Officer, restructured the financial team, and created Director of Firmware position
HOUSTON – October 22, 2022 – Velentium, a Houston-based professional engineering firm specializing in the end-to-end design, development, manufacturing, and post-market support of therapeutic and diagnostic active medical devices, today announced the recent hiring of a new Chief Financial Officer. Travis Bird headlines changes to the leadership structure as the company continues to see significant growth since its founding a decade ago.
“Our company’s continued growth continues to be a testament to the endless commitment and dedication of Velentium staff to changing lives for a better world,” said Dan Purvis, co-founder and CEO of Velentium. “Travis was an ideal fit to lead the next chapter of our financial journey, as he began his career as an entrepreneur. He has also held various financial and operational roles within emerging growth organizations, which is where his true passion lies. Travis has worked with half a dozen companies similar to Velentium and has an interest in technical subjects. Like many of us here, he started his college education in engineering.”
Bird arrives at Velentium after an already-robust 20+ year career in financial and public accounting. He holds his bachelor’s degree in Corporate Finance from Brigham Young University, his master’s degree in Accounting from the University of Notre Dame and is a Certified Public Accountant. Travis has been the operational CFO for various venture capital/private equity-backed growth companies, where he has built multiple finance and accounting organizations and been responsible for the international expansion of a product sales company.
“When weighing new career opportunities, I evaluate three aspects: the people, the organization’s vision and purpose, and whether the job will be both engaging and challenging,” said Travis Bird. “Velentium easily checked all three boxes, as the company separates itself from its competitors by its culture and speed. I look forward to building out a world-class finance accounting back office that is scalable. Ultimately, I hope to see the medical device industry solve more and more health issues that challenge the world.”
Additional changes to the leadership structure have been made to both the financial and technical teams. Notably, John McKnight has been promoted to Director of Firmware. McKnight has more than 30 years of development experience in multiple industries, with expertise in firmware, software, and hardware development, writing code, machine learning, natural language processing, artificial intelligence, and blockchain development.
“I’m thrilled to take on an elevated role with Velentium to drive technical development of employees, identify best practices, and improve firmware development efficiency,” said McKnight. “I’m proud to work for a company that chooses to define success by adhering to its core values, which govern who it hires and how it operates. I look forward to working with colleagues to build out an even stronger ecosystem that spans the entire product development life cycle – changing lives for a better world.”
Velentium recently made its third-consecutive appearance on the Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America, with three-year revenue growth of 141 percent. While growing to over 100 employees, the company has ventured into new markets while cultivating relationships with top minds across the country in medtech, energy, and manufacturing. Looking ahead, Velentium is committed to exceeding the highest standards of today’s manufacturers, regulators, purchasers, and consumers.
Velentium is a Houston-based professional engineering firm specializing in the end-to-end design, development, manufacturing and post-market support of therapeutic and diagnostic active medical devices. The company's core competencies include active implantable medical devices, systems engineering, firmware & software, cybersecurity, mobile & cloud, electrical & mechanical engineering, human factors & usability, automated test systems, and CGMP manufacturing. With customers all over the world, Velentium has experience working with all sizes of clients, ranging from startups seeking seed funding to established Fortune 500 companies. For more information, visit www.velentium.com.