MAPLE GROVE, Minn.– Nextern announced that John M. Hastings has been appointed Chief Executive Officer, effective September 29, 2025. Hastings succeeds Rich Farrell, who will transition to the role of Executive Chairman after leading the company through a period of significant growth.
Hastings brings more than two decades of leadership experience in the medical device sector, with expertise in business strategy, innovation and operational excellence. He most recently served as CEO and board member at Nonin Medical, a global leader in non-invasive patient monitoring.
“I couldn’t be more excited and honored to join Nextern,” Hastings said. “I believe Nextern is uniquely positioned within medical technology. Our company combines technical expertise in both minimally invasive devices and capital electronics, with an outstanding leadership team and an optimal manufacturing footprint. Working closely with Rich and the Board, I am confident in our ability to become the premier development and operational partner in the medical device industry.”
Farrell, reflecting on the transition, said: “I am proud of the success we have built at Nextern, and confident John will lead us strongly into the next chapter. He brings proven experience, deep industry knowledge, and a shared passion for innovation and improving lives through world class medical device development and manufacturing. My commitment to Nextern remains as I partner with John and our Board to advance our mission for the customers, employees, and patients we serve.”
