Active Implants Corporation (AIC), a developer of polymer technology for the hip and knee segments of the orthopedic market, has appointed J. Michael Keenan as its new chief financial officer (CFO) and vice president, administration. In this role, Keenan will be responsible for finance and accounting and provide leadership for legal, information technology and operational structure to support the company priorities.

Keenan has 20 years experience in finance management with his most recent experience as CFO and Partner with Wisteria Capital Management (Wisteria). While at Wisteria, Keenan was the senior finance executive of several portfolio companies with significant crossover responsibilities into complex operations supporting accelerated growth. Keenan began his career with Arthur Andersen, left to form a CPA firm, and later merged the CPA firm with a business valuation and transactions advisory firm before joining Wisteria Capital. His education and credentials include a Bachelor’s in Business Administration from the University of Memphis, Chartered Financial Analyst (CFA), Certified Public Accountant (CPA) and he received the Accredited in Business Valuation (ABV) credential by the American Institute of Certified Public Accountants.

“Michael has a proven track record for working closely with management teams to build and grow companies from the development stage through early commercialization and into the growth stages. His breadth and depth of skills and experiences will be a terrific addition to our talented global executive team,” stated Michael R. Mainelli, president & chief executive officer of AIC. “We are pleased to welcome him and are excited about the contributions he’ll be making toward achieving our goals and objectives.”