Jack Kavanaugh – Noted Doctor and Esteemed Business Leader
During his remarkable career,
Jack as Founder, CEO, and Chairman of the Board, has helped in commercializing
several health-related and other technologies. He has founded and led
organizations such as Calhoun Visions to create next-generation medical
treatments.
JackKavanaugh started his remarkable career as a successful dentist. An
unfortunate skiing accident prevented him to practice dentistry again, as he
broke his neck and severely shattered his leg in that incident. After
recovering from this turning point, he went ahead to earn his MBA from the
University of California, Los Angeles.
After that, he worked in
acquisitions and mergers with a former partner who was a Managing
Director/Senior Partner at McKenzie International. They formed the
International Strategy Consulting Group (management and MBA consulting
organization) in 1984.
As Kavanaugh’s career continued
in private equity, he subsequently returned to his medical field. He obtained
his M.D. degree from U.S.C and completed his surgical residency at U.C.L.A’s
Jules Stein Institute. Till 2008, he served as a part-time visiting professor
at U.L.C.A and taught eye surgery to fellow residents. In the first year of his
residency, Kavanaugh founded Amerident, a healthcare service center that was
honored with more than 30 community service awards and also a state
congressional medal of honor for their work with infants.
Kavanaugh continued in private
equity, and in the year 2000, he held the first board meeting of Calhoun
Vision, Inc., which is a biotechnology organization that has developed the
world’s first and only light adjustable lens used for cataract surgery. From 2000, he served as a board member, after
that, he served as Chairman from 2008 to 2012.
Dr. Kavanaugh has also served the
board of PreCash, which is a telecommunication and financial service
organization. In 2001, he turned away the insolvency proceedings and engineered
a major turnaround. After two years, Inc. Magazine declared PreCash as one of
the United State’s fastest-growing companies in profits.
In 2008, he founded ZetaRx
Biosciences, Inc., an organization with a leading edge of immunotherapy for the
treatment of cancer. He served as Chairman and CEO both till June 2012 and
remained a consultant to the Board. In 2013, ZetaRx was sold, and it became a
core component of Juno Therapeutics. Juno was declared the largest biotech IPO
of the year in 2014 and reached a market cap of $5.5 billion.
Apart from that, Jack Kavanaugh and his wife Leslie are supporting
numerous NGO’s and charity organizations, including the esteemed City of Hope,
which is one of only 41 Comprehensive Cancer Center in the U.S., which has
authorization of National Cancer Institute.
Thanks for sharing the wonderful information of Mr. Kavanaugh. It was great to get to know some history of his career. Have a wonderful rest of your day.
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