AMHERST, Mass.--(BUSINESS WIRE)--OrthoLite, the leading provider of comfort and performance insoles, announces the hire of Nino Gilarde as Chief Financial Officer as the company continues to expand globally and further develop its innovative insole technology.
Mr. Gilarde is a highly-experienced financial leader who spent the majority of his career at Covidien Healthcare where he held several roles of increasing responsibility, including the management of international finance and cost accounting. Additionally, he held the position of Global Business Unit Vice President of Finance and CFO for the company’s Vascular Therapies business where he led several strategic acquisitions and growth initiatives. Most recently he was CFO of Vention Medical, a market leader in the design and manufacturing of medical devices and components that are sold to branded medical device companies.
“We are excited to bring Nino Gilarde on board as our new Chief Financial Officer,” said Glenn Barrett, CEO of OrthoLite. “As OrthoLite looks to augment its market leading technologies and supply chain capabilities with strategic acquisitions and complementary assets, we will be able to leverage Nino’s vast financial operating and M&A experience.”
American owned and operated, OrthoLite is a totally vertically integrated insole manufacturer as well as a chemical systems-house producing proprietary open cell polyurethane formulations. OrthoLite has sales offices in the United States, Vietnam, Asia and Europe as well as manufacturing facilities in China, Vietnam and Indonesia. OrthoLite insoles retain all attributes such as long-lasting cushioning, unmatched breathability and moisture management for the lifetime of a shoe. OrthoLite insoles keep the environment in mind by containing proprietary bio-oil and recycled rubber formulations. These factors drive continued brand loyalty and improved sell-through for more than 250 shoe brands.
OrthoLite, headquartered in Amherst, MA, is the world’s #1 supplier of open cell foam insoles found in more than 400 million adults’ and children’s shoes across all categories each year such as Nike, Adidas, ASICS, Clarks, Converse, Jordan, Reebok, Kenneth Cole, New Balance, Timberland, Tory Burch, Lacoste, Keds, Johnstone & Murphy, Wolverine, Rockport, ECCO, and Vans. OrthoLite combines polyurethane and recycled rubber to provide superior cushioning, comfort, performance and breathability. OrthoLite is committed to helping athletes of all ages achieve their dreams. OrthoLite is a partner of Girls on the Run, the Official Insole of the New York Yankees and the American Trail Running Association (ATRA). To learn more about the benefits of OrthoLite or purchase a pair of Insoles, visit www.ortholite.com.