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SynDaver brings on new CFO as company prepares for projected 2020 IPO

SynDaver's newly appointed CFO, Terence Terenzi

SynDaver's newly appointed CFO, Terence Terenzi

TAMPA, FLA., UNITED STATES , August 30, 2018 /EINPresswire.com/ -- SynDaver, a medical technology manufacturing company focused on the creation of high-fidelity synthetic human and animal simulators for medical and veterinary training, announced on Tuesday that Terence Terenzi has joined the company as its new chief finance officer.

Terenzi comes with a wealth of experience in corporate finance, having spent the previous seventeen years serving both Coterie Restaurants Group LLC. and True Double TWO LLC., a Tampa-area property development company, in the capacity of president, CFO and co-owner. During this span, Terenzi split his time among various business affairs, including business planning, financial analysis, property acquisition and the design/operation of eight restaurant locations.

Additionally, from 2000 to 2009 Terenzi also served as CFO and co-owner of TWT Construction, which served national brand clients like Outback Steakhouse, Bonefish Grill, Starbucks and Tijuana Flats. Terenzi has extensive experience with publicly traded companies, including the IPO process and SEC offerings associated with Eckerd Drugs, Danka Business Systems and Checkers Drive-In restaurants.

“Terence is a great addition to our team and has a wide skillset that we will leverage as we move toward our Initial Public Offering,” said Dr. Christopher Sakezles, founder of SynDaver. “We’re seeing increasing worldwide acceptance of our products and are in the process of setting up operations in the UK, China, Brazil and India. Terence will be an invaluable asset throughout this process and as we continue to experience record growth.”

Prior to 2000, Terenzi worked for and served as president and CFO at Hops Grill and Microbrewery, helping grow its sales from $18M to $175M over a five-year span. He received his Bachelor of Science in accounting from the University of Florida and began his career at KMPG Peat Marwick in Tampa and served as an audit manager.

About SynDaver
Headquartered in Tampa, Florida, SynDaver is the world’s leading manufacturer of hyper-realistic, synthetic human and animal surgical trainers. SynDaver’s synthetic bodies simulate fully-functioning live organisms and are primarily used for training in schools, hospitals and military installations. SynDaver has the world’s largest database of live-tissue properties and all SynDaver tissues are made from water, salts and fibers. The company currently has 14 patents on these materials, processes and related products. Currently, SynDaver Labs employs more than 100 people at their facilities in the U.S. and is planning additional facilities in Europe, China, Brazil and India.

SynDaver products have been lauded by industry experts and earned a cult following after appearances on ABC’s Shark Tank, MythBusters, Grey’s Anatomy, and the series finale of CSI. The company's models are also expected to feature prominently in multiple episodes of the upcoming MythBusters 2.0.

James Judge
Judge Public Relations
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