Experienced healthcare executive will oversee company’s financial operations, investor strategy amid continued growth
NASHVILLE, Tenn. – August 12, 2021 – Officials with LUCI, an award-winning Nashville-based start-up company reimagining mobility through smart technology for power wheelchairs, are pleased to announce today Gerry Hayden as the company’s first Chief Financial Officer. In this role, Hayden will be responsible for overseeing the company’s financial operations and long-term capital strategy.
“We are thrilled to bring Gerry onto our growing team and to benefit from his rich experience and background within the healthcare technology companies,” said Barry Dean, CEO and co-founder of LUCI. “We continue to be very encouraged by the eager adoption of LUCI’s technology across the mobility industry. As we look to continue our growth, Gerry’s valuable insights will help guide LUCI’s strategy and decision-making during this important chapter for our company.”
Hayden served as CFO at HealthStream (NASDAQ: HSTM) for more than 11 years, overseeing all aspects of the company’s financial operations. During his tenure, he helped HealthStream complete acquisitions of new product lines and engineered consistent financial growth. He also served on the Board of Directors and Audit Committee for two years immediately before his tenure as CFO.
“Having spent significant time with both a large, publicly-traded healthcare company and smaller health-tech start-ups, I’m excited to join LUCI during such a unique time in their growth phase,” Hayden said. “We are confident in the business plan and technology that helps bring smart and connected wheelchairs into this underserved sector of the market and that is very exciting. This team has laid an impressive foundation in just a few years, and I am honored for the opportunity to help LUCI reach new levels of growth and success.”
Prior to HealthStream, Hayden held a variety of senior financial leadership positions at healthcare companies including Allied Clinical Laboratories, Medavant Health, Covation, Meridian Occupational Health, Envoy and Peak/Lincoln Healthplan. As CFO at Covation, Hayden oversaw the software and data management company’s sell to Perot Systems in 2001. He currently serves as executive chairman of the Board of Directors for Nashville-based Angel Eye Health. He is also a partner in TechCXO, a consortium of senior level executives focused on helping high growth companies achieve their strategic objectives with actionable plans..
LUCI has continued growing its team and partnerships since launching in June 2020. The company announced the addition of longtime mobility executive Tom Borcherding last fall. Since the start of the year, it has formed new or expanded partnerships with leading CRT providers and manufacturers like Permobil, National Seating & Mobility and, most recently, Sunrise Medical, makers of the Quickie line of power wheelchairs.
LUCI’s first-of-its-kind hardware / software platform mounts onto a power wheelchair between the power base and the seat, to help users avoid collisions and dangerous drop-offs while maintaining personalized driving control. Additionally, through its cloud-based capabilities, LUCI can also monitor and alert users and caregivers to low battery, possible tipping scenarios, and other important updates regarding the chair and the user.
LUCI is currently available for purchase in the U.S. For more information, visit luci.com.
Based in Nashville, with R&D headquarters in Denver, LUCI was founded by Barry and Jered Dean, brothers who were driven to innovate from personal experience, and committed to creating change for people living with disabilities. LUCI’s industry accolades include TIME’s Best Inventions of 2020, Popular Science’s “Best of What’s New,” a CES Award of 2020, and Mobility Management’s “Smart Technology” Product Award. Learn more at LUCI.com.