Major Executive Search Recruits Chief Financial Officer for NuCurrent
Stephen G. Wasko
Chief Financial Officer
Major Executive Search announces the successful completion of an assignment placing Stephen G. Wasko as Chief Financial Officer (CFO) for NuCurrent located in Chicago, IL. NuCurrent is an industry leader in wireless power systems and technology development. Wasko is a veteran technology executive and joins a growing team leading the global commercialization of wireless power technologies. Major Executive Search Partner Patty Meagher Clare conducted the assignment along with Founder and CEO, Sue Major, for Major Executive Search.
Wasko brings to NuCurrent more than 30 years of finance and capital markets experience and has applied his extensive background in financial planning, operations, management and strategy within a broad range of technology-driven industries including life science, advanced materials/nanotechnology, software, telecommunications, and aerospace.
“We’re very excited about the addition of Steve to our executive team,” said NuCurrent CEO, Jacob Babcock. “His depth of experience and proven track record of financial leadership with innovation-focused companies will be instrumental in expanding our leadership role within the wireless power industry.”
Wasko has extensive technology commercialization experience, both in private and public company roles. He led a successful initial public offering for Illinois Superconductor Technology Corporation, where he was the founding CFO of a company that delivered a significant new technology to the wireless telecommunications industry. Steve also served as CFO for Nanosphere, Inc., a life sciences company which developed breakthrough applications of nanotechnology to create new standards in medical care. At Nanosphere, he raised over $100 million of investment capital to grow the company’s presence within the medical diagnostics industry.
Wasko recently served as President/COO/CFO of ViMedicus, Inc., a healthcare IT firm delivering a revolutionary program and platform for individuals with multiple chronic illnesses; as CFO and head of business development for Perceptual Robotics, Inc., a developer of Internet video software systems; and as President/COO of Molecular Diagnostics, Inc., a developer of cancer diagnostic systems.
“As the need for wireless power technologies continues to grow, OEMs and industry influencers are looking to the leaders in technology development to provide clear roadmaps to both standards-driven and proprietary solutions,” said Wasko. “I’m looking forward to this opportunity to join NuCurrent and to play a leadership role in accelerating the growth of not only the company, but also the wireless power industry.”
An engineer by training, Wasko holds a BSE in aerospace engineering from the University of Michigan, an MSE in the same field from the University of Southern California, and an MBA from Harvard Business School. He currently serves as President of the Harvard Business School Club of Chicago.
NuCurrent (www.NuCurrent.com) delivers breakthrough wireless power solutions to product teams through its expertise in wireless power technologies and full-system integration. The company’s NuEva™ and NuIQ™ Technology Platforms feature the company’s patented MLMT antennas – which are the industry’s thinnest and most efficient (highest Q) – along with proprietary software that accelerates successful wireless power solution development through advanced hardware simulation and firmware control. NuCurrent’s engineering team applies these core technologies in partnership with client product teams to produce complete wireless power solutions on Qi and Airfuel Standards and within closed, proprietary systems. Founded in 2009, the venture-backed, Chicago-based company has over 85 patents granted or pending worldwide.
About Major Executive Search
Major Executive Search is a global retained executive search firm helping technology companies strengthen and diversify their leadership teams and Board of Directors. The firm’s strategy is founded on identifying and recruiting world-class talent while providing superior customer service using a proprietary search process that yields extraordinary results. For more information, visit: www.majorexecutivesearch.com.