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Impact BioMedical Inc. Introduces Leadership Team to Drive Innovation and Growth

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Impact BioMedical Inc. (NYSE American: IBO) has unveiled its executive leadership team to spearhead the company's next phase of innovation and growth. The team includes:

Frank D. Heuszel as CEO, bringing experience in executive leadership, finance, and strategic planning. He previously served as CEO of DSS, Inc. and has a background in commercial banking.

Mark Suseck as COO, with experience in public and private healthcare companies. He previously served as COO of DSS BioHealth Holdings Inc. and CEO of Vivacitas Oncology Inc.

Todd Macko as CFO, also serving as CFO of DSS Inc. He brings over 25 years of public and corporate fiscal management experience.

The leadership team aims to advance Impact BioMedical's mission of discovering, developing, and patenting unique healthcare solutions.

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Positive

  • Experienced leadership team with diverse backgrounds in healthcare, finance, and strategic planning
  • CEO Frank D. Heuszel brings executive leadership and commercial banking experience
  • COO Mark Suseck has experience in healthcare company operations and strategy
  • CFO Todd Macko brings 25 years of public and corporate fiscal management experience

Negative

  • None.

News Market Reaction

+6.87%
1 alert
+6.87% News Effect

On the day this news was published, IBO gained 6.87%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Impact BioMedical Inc. (NYSE American: IBO), a pioneering biotechnology company dedicated to discovering, developing, and patenting unique healthcare solutions, is pleased to introduce its executive leadership team, poised to lead the company through its next phase of innovation and growth.

“We are excited to introduce our exceptional leadership team, which brings together a wealth of experience and a shared vision for driving innovation and growth at Impact BioMedical,” said Jason Grady, Impact Biomedical’s Director, and Interim CEO of DSS, Inc. “With their expertise and commitment, we are confident in our ability to advance our mission and deliver impactful healthcare solutions.”

Frank D. Heuszel, Chief Executive Officer (CEO)

Frank D. Heuszel brings experience in executive leadership, finance, and strategic planning to Impact BioMedical. Prior to joining DSS, Inc. as CEO in 2019, he had a successful career in commercial banking, serving in senior executive roles with major US and international banking organizations. His visionary leadership and commitment to excellence position Impact BioMedical for continued success in the healthcare industry. Mr. Heuszel holds an undergraduate degree in Business Administration from The University of Texas at Austin and a J.D. degree from The South Texas College of Law, Houston.

Mark Suseck, Chief Operating Officer (COO)

Mark Suseck, an accomplished leader with experience in public and private healthcare companies, serves as the Chief Operating Officer. Mr. Suseck has been with Impact BioMedical since August 2023 and previously served as the chief operating officer of DSS BioHealth Holdings Inc., where he led company strategy, operations, licensing, acquisitions, and commercialization. He also served as the CEO of Vivacitas Oncology Inc., leading strategy, clinical development, operations, and financing. Mr. Suseck received his undergraduate degree in economics from Rutgers University, with minors in education and philosophy. He completed the Executive Management Program in residence at the University of Michigan Business School.

Todd Macko, Chief Financial Officer (CFO)

Todd Macko, a seasoned financial executive, joins Impact BioMedical as the Chief Financial Officer, while continuing to serve as CFO of DSS Inc. Mr. Macko has been with DSS since January 2021, initially serving as Secretary and Treasurer, and became CFO in May 2023. Mr. Macko brings over 25 years of public and corporate fiscal management experience, with strengths in financial planning and analysis, business process re-engineering, and mergers and acquisitions. Mr. Macko obtained his Bachelor of Science degree in Accounting from Rochester Institute of Technology.

“We are thrilled to have such a talented and experienced leadership team guiding Impact BioMedical,” said Frank D. Heuszel, CEO of Impact BioMedical. “Each member of our executive team brings unique skills and a shared commitment to our mission of developing innovative healthcare solutions. Together, we are well-positioned to drive the company’s growth and deliver impactful results for our stakeholders.”

About Impact BioMedical, Inc.:
Impact BioMedical Inc. (“IBO”) discovers, confirms, and patents unique science and technologies resulting in new offerings in human healthcare and wellness. IBIO works closely with licensing, co-development, joint ventures, and other relationships to bring these offerings to market. For more information, visit Impact BioMedical, Inc.

About DSS, Inc.:
DSS is a multinational company operating businesses within four diversified market sectors. For more information on DSS, visit DSS World.

Safe Harbor Disclosure:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are subject to risks and uncertainties that may cause actual results or events to differ materially from those projected. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date.

Media Contact:
Emily Martin

Email: emartin@impactbiomedinc.com

Investor Relations:
info@impactbiomedinc.com


FAQ

Who are the new executive leaders of Impact BioMedical Inc. (IBO)?

The new executive leadership team of Impact BioMedical Inc. (IBO) includes Frank D. Heuszel as CEO, Mark Suseck as COO, and Todd Macko as CFO.

What is Frank D. Heuszel's background before joining Impact BioMedical Inc. (IBO)?

Frank D. Heuszel has experience in executive leadership, finance, and strategic planning. He previously served as CEO of DSS, Inc. and had a successful career in commercial banking.

What is Mark Suseck's previous experience before becoming COO of Impact BioMedical Inc. (IBO)?

Mark Suseck previously served as the chief operating officer of DSS BioHealth Holdings Inc. and as the CEO of Vivacitas Oncology Inc., where he led strategy, clinical development, operations, and financing.

What is Todd Macko's role at Impact BioMedical Inc. (IBO) and his prior experience?

Todd Macko is the Chief Financial Officer of Impact BioMedical Inc. (IBO) and also serves as CFO of DSS Inc. He has over 25 years of public and corporate fiscal management experience.
Impact Biomedical, Inc.

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