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New CEO Appointed at Aldevron

Kevin Ballinger joins the company from Boston Scientific.

By: Contract Pharma

Contract Pharma Staff

Aldevron has named Kevin Ballinger as chief executive officer, effective July 13, 2020, and Aldevron’s co-founder, Michael Chambers, has been named executive chairman of the board. Chambers initiated the transition to allow him to “focus on innovation, corporate strategy and working with clients and industry thought leaders to develop new technologies that enable genetic medicine.” Ballinger will assume day-to-day operational leadership of Aldevron, facilitating the company’s rapid growth.
 
Ballinger joins Aldevron from Boston Scientific, a global medical device company whose products are used in a broad range of interventional medical specialties. He brings 25 years of operating experience, including serving the past nine years as executive vice president and global president of Boston Scientific’s largest division, Interventional Cardiology (IC). As one of Boston Scientific’s most tenured executives, Ballinger helped advance the company’s market leadership, growing the IC division into a $3 billion global business. A native of Minnesota, Ballinger earned his BS in Mechanical Engineering from Michigan Technological University, and his MBA from the University of Minnesota’s Carlson School of Management.
 
“It is an honor and privilege to be joining Michael and the Aldevron team at this pivotal time,” Ballinger said. “Genetic medicine is vital, now more than ever, and Aldevron is a key partner in helping to bring life-changing therapies to countless patients whose lives depend on biotechnology breakthroughs. I look forward to helping the company continue to grow its capabilities as developments in science rapidly advance.”
 
Commenting on the leadership appointment, Chambers stated, “This is a new era for Aldevron. I am excited to partner with Kevin, who has the ideal combination of experience and drive, and together serve our clients during this important next phase in our company’s history. Aldevron is well-positioned to continue our leadership position in manufacturing critical nucleic acids and proteins in support of our clients, who are creating technologies to help millions of people.”

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