Movano Inc., a health technology company designing devices that inspire and empower you to live a healthier, happier life, announced the expansion if its senior leadership team with two new strategic hires – Stacy Salvi as Vice President of Strategy and Michael Soule as Vice President of Business Development.
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Stacy joins Movano from Google where she was the Head of Strategic Partnerships for Fitbit. In her eight years with Fitbit, Stacy helped launch nearly 20 products to more than 116 million users, both as an attorney and from within the product team. She developed deep relationships with key technical partners to bring new features to Fitbit devices and guided strategy for partnerships, product development, sales and marketing to support the company’s growth. As Vice President of Strategy at Movano, Stacy is responsible for leading Movano’s commercial product and go-to-market strategies.
Michael Soule was the Vice President of Business Development and Partnerships at wearable thermal technology company, Embr Labs, before joining the Movano team. He has held numerous senior leadership roles managing global and national sales, strategic direction and new business development at notable consumer product, wearable and medical device companies, including Bose Health, Virgin Pulse, Weight Watchers Health Solutions and Medtronic. Michael has a strong track record for moving small to medium size and publicly traded companies to the next level and has forged partnerships with large B2B enterprises, US payers and the Department of Defense. As Movano’s Vice President of Business Development, Michael will be responsible for sourcing, analyzing, developing and executing strategic relationships.
In support of Movano’s continued growth plans, the Company’s Board of Directors has approved the reservation of 2,000,000 shares of common stock to be used exclusively for the grant of equity awards to individuals who were not previously employees of the Company (or following a bona fide period of non-employment), as an inducement to an individual’s entry into employment with the Company within the meaning of Rule 5635(c)(4) of the NASDAQ Listing Rules.