Mr. Derek Smith – Chief Executive Officer, SomnoMed, Ltd.

Derek Smith
Derek has spent his life working for healthcare Technology and Service Companies with the goal of improving and saving lives. He has over 20 years of General Management Leadership experience, lately working for Philips Healthcare where he was CEO of their Hospital to Home Business as well as SVP of The Therapeutic Care Business Unit. Prior to that Derek was President of the Hospital Division of Respironics, the General Manager of the Access Health Business of McKesson and General Manager of the Configured Monitoring Division of Datex.Ohmeda. Prior to his General Management leadership roles Derek had extensive Product Development, Marketing and Sales Experience.

Derek was educated in Australia and the UK and holds a BSc in Biochemistry (Newcastle University,UK)

Dr. Peter Neustadt – Non-Executive Chairman, SomnoMed, Ltd.

Peter Neustadt
Dr. Neustadt is a management consultant and entrepreneur with more than thirty years’ experience in building and improving public companies within the hospitality, media, property and finance sectors. He has previously worked for the global management consulting firm, McKinsey & Company and was an executive board member of Kerry Packer’s Consolidated Press Holdings (CPH).

Dr. Neustadt served on a number of public and private company boards including Cypress Lakes Group Limited, The Golden Door, CEL Limited, Network TEN, Advance Bank Limited, Trafalgar and Manboom Limited.

Mr. Neil Verdal-Austin – Chief Financial Officer


Mr. Verdal-Austin has more than twenty years’ experience as CFO for various medical distribution and manufacturing companies where medical devices and making a difference in people’s lives, have become his passion. His experience includes systems development and implementation, business acquisitions, strategic planning, reporting and operations management. Prior to his current role at SomnoMed , Neil worked at Lifehealthcare, the largest Australian healthcare distributor of medical products and devices.

Before Lifehealthcare, he was CFO and a key stakeholder at the Orthomedics Group, a large medical distributor in South Africa. During that appointment, he was a key figure in the leadership team and instrumental in all commercial aspects of that business, its processes, acquisitions, financial performance and operational excellence. Neil completed his studies at the University of Cape Town, South Africa and is a Chartered Accountant (Australia).