Leap Distributors has named Dave Ascani chief financial officer (CFO). As CFO, Ascani will manage the company’s finances and serve as an integral part of the executive management team.
“Dave Ascani is a seasoned financial executive with a long and distinguished career of helping companies to achieve their financial goals and enable continued, strategic growth,” said Leap Distributors CEO, Allen Mason. “We look forward to having him join us during this stage in our development.”
Leap Distributors is a national medical device distribution partner that provides sales coverage, contracting and GPO strategy, and end-to-end logistics for manufacturers and healthcare facilities. It supports more than 10,000 surgeries annually, partnering with over 750 surgeons and 350 facilities, GPOs, and IDNs across the country.
“These guys are the ‘rock stars’ of medical device distribution,” said Ascani. “I’m excited to join them as we work together to take Leap Distributors to the next level.”
Ascani is a seasoned financial executive with more than 40 years of leadership experience across a wide range of industries, including distribution, manufacturing, telecommunications, software, and logistics. A proven financial thought leader, Ascani specializes in driving the change that grows revenue, reduces costs and improves margins.
Previously, Ascani served as CFO of Network Wireless Solutions LLC, a wholesale distributor of cellular and fiber equipment, where he helped grow the company from $105 million to more than $260 million in annual revenue. Before that, he was CFO of the SaaS software company SecureNet Technologies, where he led the company’s integration with an overseas hardware manufacturer, as well as the company’s due diligence on a sale-exit transaction.
In previous roles, he served as CFO and CIO of Merit Distribution Group LLC, where he was responsible for the financial management and systems of a private equity-owned group, operating two wholesale distribution entities with 50 locations and more than $520 million in annual revenue. While there, Ascani successfully led Merit through a sale process and seven acquisitions and integrations.
Ascani also served as vice president of finance and accounting for ArrMaz Chemical Products, a $300 million chemical manufacturer with operations in the U.S., Brazil, Saudi Arabia, China, France and Morocco. In addition, Ascani served as the CFO of the Wesgarde Components Group, a national wholesale distributor providing electronics and value-added services to non-automotive transportation industries throughout North America.
