Our Leadership | Executive & Board Of Directors | CAIRE, Inc.

Our Leadership

Executive Leadership


Mr. Ken Hosako

President and Chief Executive Officer

Mr. Hosako is responsible for CAIRE’s global business with operations in the Americas, Europe, the Middle East, Africa and Asia Pacific. Prior to being named President and CEO, he served as Executive Vice Present of CAIRE since June 2021.

Mr. Hosako was with Niterra Co., Ltd., for over 27 years with increasing levels of responsibility over this time. In 2014, he became President of Niterra Australia PTY. LTD. He became Vice Division Manager of Medical Division at Niterra in 2020 and a board member of NTK MEDICAL CO., LTD in April 2021.

Paul Abbott

Chief Financial Officer

Paul joined CAIRE on April 1, 2023, as Chief Financial Officer and a member of the Board of Directors. He comes to CAIRE Inc. with over 25 years of diverse experience including senior financial leadership roles in private equity and multiple industrial sectors including automotive, power generation, and aerospace for both domestic and multinational companies.

He has a strong record of significantly improving operations in private, public and equity-sponsored companies through a common-sense style of financial, operational, and personnel management. Proven areas of expertise include team building, process and performance improvement, financial analysis and reporting, profitability and costs analysis, systems and technology utilization, strategic planning and organization, and negotiations and formal presentations.

Paul delivers strategic guidance that provides the foundation for financial growth and mission attainment. During his tenure in the private equity sector, Paul transformed the multiple finance and corporate strategy organizations from one supporting a single domain into a multifunctional organization encompassing accounting, corporate finance, treasury, corporate planning, and corporate governance operating on a global scale. To enable sustained rapid growth, he implemented recapitalizations and quasi-reorganizations to support the shift in business model while implementing operational efficiencies, establishing financial controls, and protecting quality revenue streams. He also was successful in reducing operating costs, headcount, and close cycle while virtually eliminating turnover.

This combination of private equity and industrial experience coupled with expansive knowledge in global finance and overseas assignments allows Paul to bring a unique perspective to his role at CAIRE.

Barry Hassett

Chief Commercial Officer

Barry joined CAIRE in June 2019 with responsibility for managing the global marketing efforts for the Company’s respiratory and commercial businesses. He has more than 20 years of marketing experience in a variety of healthcare sectors, including orthopedics, oncology, neurosurgery, vascular surgery and regenerative therapies. Prior to joining CAIRE he served in a number of executive roles, most recently at TissueTech, leading the marketing initiatives across their surgical and ophthalmic divisions. Prior to that he worked with several successful Atlanta-based medical device start-up companies as well as with large, global organizations earlier in his career.

Barry graduated with a Bachelor of Science in Bioengineering from Duke University and a Master of Science in Bioengineering from Dartmouth College.

Mario Bolivar

Vice President of Global Sales, Onsite Generation at AirSep

Having joined CAIRE in February 2023, Mario is responsible for the top-line overall growth and market share for the commercial gas generator AirSep business. He is a successful sales and marketing leader with 30 years’ experience selling compressed air and gas process equipment across a range of end markets including oil and gas, energy, pharmaceutical, food and beverage, and industrial markets.

Mario holds a Bachelor of Science in Mechanical Engineering from Western New England University in Springfield, MA. He is fluent in Spanish, and has served as chairman and co-chair for the Nitrogen Generation Section for the Compressed Air & Gas Institute (CAGI). Throughout his career, he has held leadership roles with increasing responsibility including OEM Manager, Marketing Manager, Senior Business Development Manager and National Sales Manager.

William Hampton

Vice President and Global Controller

William joined CAIRE in August 2021 and is responsible for the preparation and analysis of all financial reporting, internal controls, and auditing. He leads the company’s FP&A division and is heavily involved with consolidated P&L management, budgeting, and analysis. Prior to CAIRE, William worked in finance at Home Depot with roles in operations, merchandising, and data analytics. Also, he previously worked at Booz Allen Hamilton in Washington D.C. and has significant experience consulting for private and public clients.

William graduated with a Bachelor of Arts in Economics from the University of Tennessee, and a Master of Business Administration and Master of Science in Finance from Indiana’s Kelley School of Business. He is a Certified Management Accountant (CMA) and Certified Treasury Professional (CTP).

Larry Hughes

Vice President and General Manager of AirSep Commercial Products

Larry started his professional career with the Buffalo Forge Company in Buffalo, NY, where he was recruited for their Sales Engineer Training Program. He then joined Xorbox Corporation in Tonawanda, NY, a manufacturer of Pressure Swing Adsorption (PSA) Oxygen Equipment as their Director of International Sales.

Leaving Xorbox, Larry helped found AirSep Corporation in 1986 and served on its Board of Directors. As Vice President of Sales, Larry started and expanded the AirSep PSA and Vacuum Pressure Swing Adsorption (VPSA) Oxygen Commercial Products Business to over 70 countries worldwide, becoming the industry’s market leader.

Larry is a graduate of Union College in Schenectady, NY, with a B.S. in Mechanical Engineering.

Larry Hughes

Kurt Kelln

Vice President of Global Respiratory Sales

Before joining CAIRE, Kurt was a member of the Board of Management and Executive Vice President of Global Sales and Marketing, at the French med tech company, Supersonic Imagine. He has lived and worked in the United States, Germany and the United Kingdom and has vast knowledge and experience in global healthcare markets.

Kurt held multiple sales and marketing executive roles in large, medium and small medical device companies. He also has 10 years experience in the area of mergers and acquisitions, and was responsible for much of the integration activity while an executive at Philips Healthcare.

He studied Business Administration at the University of Washington and completed the Octagon Executive Program at Wharton Business School. Kurt relocated back to the US in 2020 after 20 years of overseas assignments.

Larry Hughes

Matthew S. Margolies

President of MGC Diagnostics Holdings, Inc. 

Mr. Margolies has a career in the healthcare industry spanning 20 years. He comes to MGC Diagnostics from Cardinal Health, where he served as Senior Vice President of Sales and Marketing of the company’s Nuclear Pharmacy team.

Prior to his most recent role, Mr. Margolies worked with CardioNet as Senior Vice President of Sales and Marketing generating substantial growth in CardioNet’s Cardiac Telemetry business. Prior to CardioNet, he served for four years in a number of positions of increasing responsibility with VIASYS Healthcare, where he ultimately became Division President for the Respiratory Diagnostics group leading the company’s Worldwide Respiratory Diagnostics team. In his role with VIASYS he was responsible for the growth in the Respiratory Diagnostics space that was a component of the $1.6 billion acquisition of VIASYS by Cardinal Health (now Vyaire).

From 1993-2004, Mr. Margolies held Sales and Marketing leadership roles with Covidien Health / Mallinckrodt Imaging. He holds a bachelor’s degree in Business Administration/Marketing from Ramapo College of New Jersey.

Larry Hughes

Yoon Shin

General Counsel and Chief Compliance Officer

Yoon Shin joined CAIRE in February 2022 as its General Counsel after more than 20 years of practicing as a corporate attorney. As General Counsel, she is responsible for overseeing all legal aspects of CAIRE’s global business and serves as a strategic partner and contributor to the executive team.

Yoon has a diverse background practicing in New York, Hong Kong and Seattle. She has represented start-ups to Fortune 500 companies in various industries. Prior to joining CAIRE, Yoon was General Counsel at EchoNous, Inc., a KKR portfolio company pioneering in AI-driven ultrasound devices. Yoon is a graduate of Brooklyn Law School where she was a Dean’s Merit Scholar and Barnard College, Columbia University.

Larry Hughes

Board of Directors

Mr. Ken Hosako

President and Chief Executive Officer

Paul Abbott

Chief Financial Officer

Mr. Keizo “Ken” Furusaki

Director, and Executive Vice President and Chief Technology Officer of Niterra Co., Ltd.

Mr. Furusaki currently serves as Senior General Manager of Corporate Planning Department of Niterra Co., Ltd., in Japan. He was one of the key players in their successful commercialization of oxygen sensors for vehicle emission control in Automotive and Solid Oxide Fuel Cells for cleaner power generation with carbon dioxide, or CO2, reduction.

He has led several cross-border alliances with his entrepreneurship throughout his career in Japan, and when he served as Executive Vice President and Chief Technology Officer of its U.S. subsidiary. Currently, he is also a board member of Spirosure, Inc., a start up for asthma care in the San Francisco Bay Area.

Mr. Furusaki’s personal driving principle in his work is to “make people breathe easier.”

Keizo Furusaki

Mr. Hiroyuki Maeda

Executive Officer of Niterra Co., Ltd.

Mr. Maeda has been with Niterra Co., Ltd., for over 36 years. He has expanded his role over this time, becoming General Manager, Sensor Planning and Engineering in 2012, and Procurement in 2013. He also has some international experiences in Europe for seven years and in the USA for five years. In 2016, Mr. Maeda became a Corporate Officer. And, in 2019, he became an Executive Officer.