Small Bone Innovations (SBi; New York) reported changes to senior management. Steve Ward, in addition to being the company's CFO since March 2006, has been promoted to COO. SBi also reported that it has formed an Executive Management Committee, which consists of Anthony Viscogliosi (CEO/chairman), Thomas Crowley (president), Florian Kemmerich (president, SBi International) and Steve Ward (CFO/COO). Additionally, SBi has formed an Operating Committee to manage the day-to-day operating activities of the company. The Operating Committee is led by Steve Ward and also includes Thomas Loring (Senior VP Worldwide Product & Technology Development), James Hook (Senior VP, North American Sales), Jean-Jacques Martin (Senior VP, SBi International), Scott Ludecker (VP, Worldwide Diabetes and Limb Preservation Systems) and James O'Connor (VP, Worldwide Regulatory, Quality and Clinical Affairs, Surgeons Ethics & Compliance). Small Bone Innovations was founded in 2004 by Viscogliosi Brothers, a New York-based merchant banking firm that specializes in the musculoskeletal/orthopedic sector.