RadNet hires private equity firm leader as new CEO of its Digital Health Division
RadNet Inc. has hired a leader from a San Francisco-based private equity firm as the new president and CEO of its Digital Health Division.
Kees Wesdorp, PhD, 47, comes to the Los Angeles imaging center chain by way of Hellman & Friedman, which he joined in 2023 as managing director. He’ll become part of RadNet’s executive management team and assume leadership of its digital products and services in radiology informatics and artificial intelligence.
Prior to H&F, Wesdorp spent six years in business leadership roles at Philips. There, he led a multibillion-dollar precision diagnostics division encompassing MRI, CT, X-ray, ultrasound, enterprise diagnostic informatics and other products.
“We are confident that Kees’ leadership and insights as well as his knowledge of medical imaging equipment will be instrumental as we continue to evolve our digital health offerings to meet the growing demand for more efficient and accessible care solutions in the diagnostic imaging sector,” RadNet President and CEO Howard Berger, MD, said in a Sept. 12 announcement.
Before Philips, Wesdorp served as an executive VP at private equity firm Bain Capital in London from 2011 to 2016, where he focused on driving transformation in its portfolio companies. From 2006 to 2011, Wesdorp served in various management roles with NXP Semiconductor, a manufacturing and design company based in the Netherlands. He holds a PhD in experimental atomic physics from Vrije University in Amsterdam.
“I am excited to join RadNet and to lead its Digital Health Division, which includes dynamically growing platforms in radiology software and generative and clinical AI solutions,” Wesdorp said in the announcement “I believe RadNet is uniquely positioned to redefine how radiology is practiced through its portfolio of clinical and operational technologies, as evidenced by its recent success in offering the AI-powered Enhanced Breast Cancer Detection program to RadNet patients nationwide.”
Wesdorp entered into an employment agreement on Sept. 11 with Aidence, a wholly owned subsidiary of RadNet acquired in 2022. He’ll be based in the Netherlands, with his employment term beginning Oct. 1, according to a filing with the U.S. Securities and Exchange Commission. Wesdorp will receive an annual base salary of $705,000 (USD), reimbursement for a family medical insurance premium, and five weeks of vacation per year. He’ll also collect a bonus equal to his annual compensation in both 2026 and 2027, payable on the date that RadNet gives its executive officer bonuses for that year. RadNet also has agreed to provide Wesdorp with a signing bonus of $750,00 payable in shares of its common stock and to grant him restricted stock units for 50,000 shares, which will vest in equal 10,000-share increments on each of the succeeding five anniversaries of his employment.