augmedicsAugmedics announced today that it appointed Raj Asarpota as its new executive vice president and chief financial officer.

Chicago-based Augmedics said in a news release that Asarpota, whose role becomes effective today, will lead the company’s global finance organization and will be responsible for accounting, treasury, financial planning and analysis, tax and investor relations.

The augmented reality-based imaging technology developer added that Asarpota’s appointment to the CFO position and experience in the medical device space will complete Augmedics’ senior leadership team.

“I am pleased to welcome Raj Asarpota to our leadership team,” Augmedics CEO Nissan Elimelech said in the release. “His extensive experience in leading the financial operations of spine-focused medical device business – as well as driving successful M&A transactions – will make him an immediate asset to the future of the Augmedics business. He, as well as his tenure, are the perfect addition to our already incredible team.”

Asarpota most recently served as EVP, CFO & head of technology at ApiJect. Before that, he was EVP & CFO at NuVasive and also spent time in the private equity space at Imaging Advantage and at Cole-Parmer.

“I am incredibly excited to partner with Nissan and the management team to drive Augmedics’ revolutionary technology to significantly improve outcomes for patients and surgeons along with positioning the company for continued growth and value creation,” Asarpota said.