Leadership

Executive Officers

Raymond C. Stachowiak

RAYMOND C. STACHOWIAK is the company’s Executive Chairman as of March 2023. He has served as CEO since October 2020 and earlier served as Interim President and CEO from May 2020. He joined the board in 2009. Mr. Stachowiak previously served as President and Chief Executive Officer of Shared Imaging, a preferred independent provider of CT, MRI and PET/CT equipment and services, from its inception in December 1991 until his retirement in March 2013. In 2008, Mr. Stachowiak sold 50% of his interest in Shared Imaging to Lubar Equity Fund and rem... Moreains a 50% owner of Shared Imaging. Mr. Stachowiak is the sole owner of RCS Investments, Inc., and owner-manager of Stachowiak Equity Fund, both of which are private equity funds. Mr. Stachowiak received a B.S. in Business and an M.B.A. from Indiana University. He is a Certified Public Accountant (inactive), Certified Internal Auditor (inactive) and holds a Certification in Production and Inventory Management. Less

Peter Gaccione

PETER GACCIONE is CEO effective March 2023. Previously he was Chief Operating Officer. He joined the Company in September 2022 and has over 40 years of experience in the global Radiation Oncology and Imaging business. Most recently, he served as President and a Member of the Executive Management Board of Myocardial Solutions Inc., a medical technology company in the cardiology and cardio-oncology field, where he led the product commercialization, sales, marketing development, and clinical teams. Prior to that, Mr. Gaccione held various position... Mores within Elekta AB, a provider of precision radiation oncology treatment systems, brachytherapy, neuroscience, and software solutions from 1997 to 2020, that culminated with his position as President and Chief Executive Officer of Elekta Inc. and Elekta Medical S.A. de C.V. (Mexico), as well as Executive Vice President of Elekta North and Latin America Regions and a Member of the Elekta AB Global Executive Management team from June 2017 to February 2020. Less

Craig K. Tagawa

CRAIG K. TAGAWA joined American Shared in 1988 and is President as of October 1, 2020. In addition to his current position as President he has been Chief Financial Officer since 1992-2023 and served as Chief Operating Officer from 1999-2022. He is also GK Financing's Chief Executive Officer. Mr. Tagawa is the former Chair of the Industrial Policy Advisory Committee of the Engineering Research Center for Computer-Integrated Surgical Systems and Technology at The Johns Hopkins University. He received an undergraduate degree from the University of... More California at Berkeley and an MBA from Cornell University.Less

BOB HIATT

ROBERT L. HIATT is the Company’s Chief Financial Officer as of April, 2023. Previously Mr. Hiatt has served as Chief Financial Officer of a public wholesale mortgage company and a private financial services company. Prior to that he was Chief Accounting Officer and Executive Vice President of a public eyecare and surgical facilities company. Mr. Hiatt started his career in public accounting in the audit division of Arthur Andersen, LLP and continued there for nine years. In that time, he worked in a variety of industry groups and had customer... Mores in both the healthcare and equipment leasing industries and in both the public and private sectors. In his most recent role, Mr. Hiatt assisted the ownership group to sell a 50% stake in the company to an international finance company. Mr. Hiatt received a B.S. in Accountancy from Miami University and is a Certified Public Accountant (inactive).Less

Management

Ernest R. Bates

ERNEST R. BATES is Vice President of International Sales and Marketing effective May 3, 2022. He joined the Company in January 2007 as Vice President of Sales and Business Development. He was on the Board of Directors of the Company from 2004 through February 2007. Prior to joining the Company, he had been Managing Director, Institutional Fixed Income Sales of HSBC Securities (USA), Inc. since 2003. Mr. Bates has also served as Managing Director, Head of Asian Product for HSBC Securities (USA), Inc. from 1999 to 2003. From 1993 through 1999, Mr... More. Bates held various positions with Merrill Lynch, last serving as Vice President, European Syndicate for Merrill Lunch International. He received his undergraduate degree from Brown University and a M.B.A. degree from The Wharton Business School. Ernest R. Bates is the son of company founder and Board member, Dr. Ernest Bates. Less

Curtis Ellis

CURTIS ELLIS joined American Shared in April 2023 and is currently the Director of Sales, Western Region, USA. He boasts an impressive career spanning over three decades in the Radiation Oncology and Imaging sectors, encompassing both clinical and commercial roles. Before American Shared, he served as the Director of National and Strategic Accounts with Elekta Inc., a precision Radiation Oncology treatment systems, brachytherapy, neuroscience, and software solutions provider. He started at Elekta in 2013 as an HDR Brachytherapy Specialist and... More advanced to a Healthcare Account Director. Mr. Ellis also worked for various Radiation Oncology companies, including Accuray, CR Bard, and ADAC Laboratories, along with owning his own medical company, Therapeutic Medical Supply, Inc. Additionally, he worked as a Radiation Therapist and Dosimetrist for eight years after graduating from Kansas University Medical Center.Less

Ranjit Pradhan

RANJIT PRADHAN is Head of Marketing and Customer Advocacy effective February 2023. Ranjit has 30 years of experience in Healthcare in a variety of roles that span product management, marketing, technology and general management. Ranjit has held several executive positions with Fortune 100 as well as global companies like GE, Abbott, Elekta, Sysmex and Philips along with senior leadership and advisor positions with startups in the bay area.

Alexis N. Wallace

ALEXIS N. WALLACE, CPA, currently serves as Chief Accounting Officer and Corporate Secretary for American Shared. She joined the Company in 2013 as Assistant Controller. Prior to 2013, Ms. Wallace was the Director of Finance for Daughters of Charity Health System at St. Louise Regional Hospital. She earned her CPA license while working in public accounting for Moss Adams, LLP from 2006 to 2011. Ms. Wallace received her undergraduate degree from Santa Clara University.

Board of Directors

Raymond Stachowiak

RAYMOND C. STACHOWIAK is the company’s Executive Chairman as of March 2023. He has served as CEO since October 2020 and earlier served as Interim President and CEO from May 2020. He joined the board in 2009. Mr. Stachowiak previously served as President and Chief Executive Officer of Shared Imaging, a preferred independent provider of CT, MRI and PET/CT equipment and services, from its inception in December 1991 until his retirement in March 2013. In 2008, Mr. Stachowiak sold 50% of his interest in Shared Imaging to Lubar Equity Fund and rem... Moreains a 50% owner of Shared Imaging. Mr. Stachowiak is the sole owner of RCS Investments, Inc., and owner-manager of Stachowiak Equity Fund, both of which are private equity funds. Mr. Stachowiak received a B.S. in Business and an M.B.A. from Indiana University. He is a Certified Public Accountant (inactive), Certified Internal Auditor (inactive) and holds a Certification in Production and Inventory Management. Less

Dr. Ernest A. Bates

DR. ERNEST A. BATES, the founder of the Company, rejoined the Board March 2022. He previously provided consulting services to the Company pursuant to a consulting agreement from December 2021 through March 2022. He served as Chairman of the Board since the incorporation of the Company until December 2021. Dr. Bates also served as Chief Executive Officer of the Company from the Company's inception until May 4, 2020 and served as the Company's Executive Chairman from May 4, 2020 through December 31, 2020. He is a member of several professional me... Moredical societies including several in his specialty. He is an Emeritus member of the Board of Trustees at Johns Hopkins University and the University of Rochester. Dr. Bates is a member of the Board of Overseers at UCSF School of Nursing and a former member of the Board of Trustees at UCSF Foundation and the California Higher Education Business Forum. In 1997, Dr. Bates was appointed by the California Senate to serve as a member of the California High-Speed Rail Authority. Appointed by the Governor, Dr. Bates served as a member of the Board of Governors of California Community Colleges, the District 4 Medical Quality Review Committee, and the Professional Advisory Committee at the University of California Medical Centers where he was appointed by the Speaker of the Assembly. Dr. Bates previously served on the Magistrate Judge Merit Selection Panel. In 2000, Dr. Bates received the prestigious Kjakan Award for his contribution to the spirit of entrepreneurial capitalism. Dr. Bates founded American Shared Hospital Services in 1977. Dr. Bates received his BA from Johns Hopkins University in 1958 and his MD degree from the University of Rochester School of Medicine in 1962. Dr. Bates completed a surgery internship at the Albert Einstein College of Medicine, Bronx Municipal Hospital Center in 1962. He has written chapters in the publication Textbook on Experimental Brain Tumors and Black Related Diseases. Dr. Bates completed his Neurosurgery residence at the University of California Medical Center, San Francisco in 1971. Dr. Bates is the father of Ernest R. Bates, the Company's Vice President of International Sales and Marketing. Dr. Bates is 85 years old. Less

Daniel G. Kelly, Jr.

DANIEL G. KELLY, JR., was elected to the Board in 2016 and currently serves as Lead Director. Mr. Kelly was a partner of Davis Polk & Wardwell LLP, an international law firm, from 1999 to 2015, co-founding its Silicon Valley office in 1999. During his time at Davis Polk, Mr. Kelly had an extensive corporate practice representing companies, private equity funds and financial institutions in a broad array of complex transactions, and also acted as a senior advisor to boards and special committees on numerous sensitive matters. Prior to joining Da... Morevis Polk, Mr. Kelly was a senior officer of a major investment banking firm, the chief legal officer of an NYSE-listed corporation and a partner involved in management of two other law firms. Mr. Kelly is a Trustee of Choate Rosemary Hall and is on the Board of Directors of Equality Now, a global organization dedicated to creating a world in which women and girls have the same legal rights as men and boys. Mr. Kelly received his B.A. in History from Yale University and his J.D. from Columbia University School of Law. Mr. Kelly is a member of the Board of Directors of Ares Capital Corporation, a specialty finance company listed on the Nasdaq Global Select Market. Less

Kathleen Miles

KATHLEEN MILES was elected to the Board in 2021. She currently serves as Chief Counsel, Public Finance, of The PNC Financial Services Group, Inc. Ms. Miles has over 20 years of experience in public finance as both a lawyer and a regulator. She earned a Bachelor’s of Arts in Government from Radcliffe College of Harvard University and a Juris Doctor from the University of Virginia School of Law.

Vicki L. Wilson

VICKI L. WILSON was elected to the board in 2021. She currently serves as the Director of Finance and Administration for the State of Illinois Department of Transportation. Previously she was Deputy Director for Finance and Administration and Chief Fiscal Officer for the State’s Department of Public Health. Ms. Wilson has held numerous positions in finance, risk management and accounting in the public and private sectors, including with organizations and entities in healthcare. She earned a Bachelor’s of Arts in Mathematics from Wesleyan Un... Moreiversity, a Master’s in Business Administration from Harvard Business School and a Master’s in Public Health, Health Care Administration, from Yale University.Less