Management Team

Kevin A. Richardson, II joined the Company as chairman of the board of directors in August of 2005. Mr. Richardson founded Prides Capital LLC and Prides Capital Partners LLC in January 2004 where he is Managing Director. Prides Capital LLC and Prides Capital Partners LLC specialize in strategic block, active investing in small-cap and micro-cap public and private companies. From April 1999 until the end of 2003, Mr. Richardson was a partner at Blum Capital Partners, a $2.5 billion investment firm. Between May 1999 and September 2003, Mr. Richardson was the lead public partner on 18 investments. Prior to joining Blum Capital, Mr. Richardson was an analyst at Tudor Investment Corporation, an investment management firm. Previously, Mr. Richardson spent four years at Fidelity Management and Research where he was the assistant portfolio manager of the Fidelity Contra Fund, a registered investment company. Mr. Richardson also managed Fidelity Airline Fund, the Fidelity Aerospace and Defense Fund, and performed research and analysis in a variety of industry sectors (computer services, business services, media, financial services, and healthcare information technology). Mr. Richardson is also a member of the board of directors of As Seen On TV, Inc., a publicly traded multichannel distributor of As Seen On TV products and Pegasus Solutions, Inc., a travel technology company and was previously a board member of Healthtronics, Inc. and QC Holdings, Inc. Mr. Richardson received an undergraduate degree from Babson College and an M.B.A. from Kenan-Flagler Business School at the University of North Carolina.

Shri Parikh joined SANUWAVE in Atlanta, GA as the President in May 2018. Prior to SANUWAVE, Shri was with Molnlycke Health Care, where he was the Vice President of Sales, Marketing and Corporate Accounts for over 5 years. Before Molnlycke, Shri held many senior corporate sales roles at Stryker, a leading medical technology company offering innovative products and services in Orthopedics, Endoscopy, Medical and Surgical Equipment. Shri is experienced in cardiology, vascular and pain management from his 11 year tenure at St. Jude Medical where he had responsibility for sales, marketing, business development and corporate strategy as the Vice President of Strategic Corporate Sales and National Accounts while residing in Austin, TX. Shri began his 24 year pharmaceutical and medical device career in research, moving onto sales while at Bristol-Myers Squibb where he held a variety of roles with increasing local, regional and international executive responsibility. Shri was raised in Charlotte, NC. He holds a Bachelor of Arts degree in Medical Ethics and Economics from Davidson College, a Masters of Business Administration from Jacksonville University and an Advanced Management Program degree from the University of Chicago.

Lisa Sundstrom joined SANUWAVE as Controller in October 2006 and in August 2015 assumed the responsibilities of Interim Chief Financial Officer. She has extensive financial accounting experience with Automatic Data Processing (ADP) and Mitsubishi Consumer Electronics. While at her previous position with ADP as Accounting Manager for the Benefits Services Division, Lisa assisted with the documentation of internal controls for Sarbanes-Oxley compliance. Ms. Sundstrom began her career with a small public accounting firm, Carnevale & Co., P.C. She was Senior Accountant at Mitsubishi Consumer Electronics responsible for the close process for the division location and was involved in the documentation and testing of the SAP accounting system. She holds a Bachelor of Science in Accounting from the State University of New York at Geneseo.

Peter Stegagno joined SANUWAVE as Vice President, Operations in March 2006. Mr. Stegagno brings to SANUWAVE 16 years experience in the medical device market encompassing manufacturing, design & development, quality assurance and international & domestic regulatory affairs. He has been instrumental in the development and deployment of international operational processes for leading medical device companies. He most recently served as Vice President of Quality and Regulatory Affairs for Elekta, and other medical device companies including Genzyme Biosurgery. Before focusing on the medical field, he enjoyed a successful career encompassing production roles in the space industry, including avionics guidance systems for military applications and control computers for the space shuttle. Mr. Stegagno graduated from Tufts University with a B.S. degree in Chemical Engineering.

Dr. Iulian Cioanta joined SANUWAVE in June 2007 as Vice President of Research and Development. Prior to joining SANUWAVE, Dr. Cioanta served as Business Unit Manager with Cordis Endovascular, a Johnson & Johnson company, Director of Development Engineering with Kensey Nash Corporation, Research Manager at ArgoMed Inc. and Project Manager and Scientist with the Institute for the Design of Research Apparatuses.  Dr. Cioanta also worked in academia at Polytechnic University of Bucharest in Romania, Leicester University in U.K. and Duke University in the United States.  He received a M.S. degree in Mechanical Engineering and Technology from the Polytechnic University of Bucharest, and he earned his PhD degree in Biomedical Engineering from Duke University in the field of extracorporeal shock wave lithotripsy.

Leon Lambry joined SANUWAVE in June 2018 as Director, Quality and Regulatory Affairs. Leon most recently joined SANUWAVE from Thermo Fisher Scientific where he held the title of Site Quality Head and Senior Quality Manager. Prior to Thermo Fisher Scientific, Leon was the Quality Assurance Operations Manager for Evonik (Brookwood Pharmaceuticals) where he was responsible for leading the day to day operations for cGMP drug manufacturing. Leon was born and raised in Atlanta, GA. He holds a Master of Science in Quality Assurance and Quality Systems from Southern Polytech University and a Bachelor of Science in Chemistry from Alabama State University. Leon is currently completing his PhD in Regulatory Science at the University of Southern California.