Roles & Responsibilities:
At Large Board Representative
With over 50 years of service in the healthcare industry, Mr. Soderberg currently is Managing Partner for Worthy Venture Resources LLC, which maintains active investments in, and serves on the boards of, several privately held medical device companies around the world. Further, since 2011 he has served as Chairman of the Board of Tactile Medical (NASDAQ: TCMD), a chronic disease management company. With his wife he also manages the Elsa and Peter Soderberg Charitable Foundation, which focuses on health initiatives for underserved women and children, and educational and economic empowering for the poor and underserved. Two of their catalytic philanthropy projects focus on affordable and adapted housing for wounded U.S. veterans.
Mr. Soderberg’s prior business experience includes 23 years at Johnson and Johnson, serving in the U.S. and overseas in a variety of operations, marketing, and management positions in four of J&J’s over the counter and professional products companies. From 1987 to 1993, he was President of Johnson & Johnson Health Management, a behavioral health company. From 1993-2006 he served as President and CEO at privately held Welch Allyn from 2000 onwards, preceded by service as Group Vice President and COO there. Welch Allyn was acknowledged by the DoD as a significant supplier/partner of patient monitoring systems during Operation Desert Storm and Desert Shield. In 2006 Peter joined Hillenbrand Industries (NYSE: HI) and its largest subsidiary, Hill-Rom, as President & CEO of both entities. In 2008 he separated the medical technology company from Hillenbrand. He continued to serve as President and CEO of Hill-Rom (NYSE: HRC) until 2010, when he entered semi-retirement.
Mr. Soderberg received his degree in Engineering and Applied Sciences (Magna Cum Laude and Honors with Exceptional Distinction in Engineering) from Yale University in 1968. Peter and his wife Elsa, have four children and fourteen grandchildren. They reside in Boca Grande, Florida and, during the summer, in Skaneateles, NY.