Tivic Health Welcomes Lisa Wolf as New Interim CFO

Tivic Health Appoints Lisa Wolf as Interim Chief Financial Officer

Tivic Health® Systems, Inc. (NASDAQ: TIVC), a prominent player in the health tech industry, has made an exciting announcement with the appointment of Lisa Wolf as Interim Chief Financial Officer. This strategic move comes as the company prepares for its next growth phase in the burgeoning field of bioelectronic medicine.

Lisa Wolf, who has been an integral part of Tivic’s finance team for over two years, takes on this key role from Kimberly Bambach, who has skillfully served as interim CFO since April 2023. Bambach will now transition into an advisory role, focusing on strategic transactions and special projects to ensure a smooth transition in leadership.

The CEO of Tivic Health, Jennifer Ernst, expressed her enthusiasm for Wolf’s appointment, stating, "I am delighted to have her taking on an even more pivotal role. I look forward to working with her to lead the company into our next phase of growth in bioelectronic therapeutics." Wolf’s vast experience and solid understanding of the company’s financial landscape make her an ideal fit for this position.

Lisa Wolf's Extensive Background

Ms. Wolf's extensive career, spanning 30 years in financial leadership, equips her with the necessary skills to drive Tivic's financial strategy. Her past engagements include notable roles at Murdock Martell, Resonant, Inc., and Arthur Andersen. Throughout her tenure at Tivic, she has made significant contributions to streamlining financial operations, enhancing efficiency and transparency.

Welcoming Transition and Continuing Support

The transition process promises to be seamless, thanks in part to Kimberly Bambach's ongoing advisory role, where she will continue to lend her expertise. Ernst acknowledged Bambach’s contributions, noting her vital role in restructuring the company to safeguard its competitive edge in bioelectronic medicine. Ernst stated, "I am also grateful for Kimberly’s contributions and pleased she will continue in an advisory capacity." This collaboration highlights Tivic’s commitment to strategic growth.

About Tivic Health

Tivic Health is at the forefront of health technology, paving pathways in the realm of bioelectronic medicine. The company’s innovative technology platforms utilize stimulation of the trigeminal, sympathetic, and vagus nerve structures to offer drug-free therapeutic solutions. Tivic Health’s approach is non-invasive and targets inflammatory chronic health conditions, producing high safety profiles and reduced risks for consumers.

Tivic’s flagship product, ClearUP, stands as a testament to its innovation and effectiveness; it is an FDA-approved, handheld device designed specifically for sinus relief. ClearUP has received accolades for its clinical efficacy and is both doctor-recommended and widely available through online retailers and commercial distributors.

Looking Ahead in Bioelectronic Medicine

With Lisa Wolf at the helm of the financial leadership team, Tivic Health is poised to expand its influence within the health tech sector. The emphasis on bioelectronic therapeutics aligns perfectly with current industry trends that favor non-invasive treatments. As the market evolves, Tivic Health's commitment to pioneering therapeutic solutions reflects its vision of advancing healthcare and improving patient outcomes.

The future appears bright for Tivic, with plans to innovate further and capture wider market share in bioelectronic therapies. Lisa Wolf will play an instrumental role in steering the company’s financial strategy towards achieving these ambitious objectives.

Frequently Asked Questions

Who is the new CFO of Tivic Health?

Lisa Wolf has been appointed as the Interim Chief Financial Officer of Tivic Health.

What is Lisa Wolf's professional background?

Lisa Wolf brings 30 years of financial leadership experience from various public and private companies.

What role will Kimberly Bambach play after the transition?

Kimberly Bambach will continue with Tivic as an advisor, focusing on strategic transactions and special projects.

What is Tivic Health known for?

Tivic Health specializes in bioelectronic medicine, offering drug-free therapeutic solutions for chronic health conditions.

What is Tivic Health’s flagship product?

Tivic Health's primary product is ClearUP, an FDA-approved device designed for sinus relief.

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