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Frank Scholz

NorthStar Medical Technologies, LLC appoints president and chief executive officer
July 20, 2023

Frank Scholz, Ph.D., President and Chief Executive Officer
Dr. Scholz joined NorthStar in June 2021, as Senior Vice President and Chief Operating Officer, bringing more than 20 years of relevant experience in the pharmaceutical and life sciences industries to the Company. In 2022, he was promoted to President and Chief Operating Officer. Prior to joining NorthStar, Dr. Scholz was a Managing Director at AlixPartners, where he was a global leader of the Healthcare and Life Sciences practice. During his tenure, he was responsible for leading teams focused on improving the performance of clients in the pharmaceutical, medical devices and provider industries, as well as for building a leading global practice in the healthcare and life sciences sector. Prior to AlixPartners, he spent more than 6 years with Mallinckrodt Pharmaceuticals, where he held executive leadership positions including President of the Specialty Generics Business, leader of BioVectra (a CDMO) and overall COO & Digital Innovation Officer of Mallinckrodt. Prior to Mallinckrodt, Dr. Scholz was a partner at McKinsey and Company, where he served clients globally for 16 years in the pharmaceutical, medical devices and industrial high tech industries. He holds a Ph.D. in Economics and Business Management from the University of Bielefeld, Germany, an MBA from the Georgetown University McDonough School of Business in Washington D.C., and a Master’s in Economics from the Leibniz University of Hannover, Germany.

Stephen Merrick, Executive Chairman
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Mr. Merrick joined NorthStar in 2016 and was appointed as President and Chief Executive Officer of NorthStar in September 2018. He has more than 30 years of experience in the biotechnology, pharmaceutical and life sciences industries. He has held multiple executive positions with leading multinational companies, including leadership of nuclear medicine businesses. Steve has extensive general management and corporate officer experience, and a proven record of accomplishment with integrating science, engineering and commercial activities to drive complex projects to successful completion. He also served in the Royal Navy as a Nuclear Submarine Officer, where he specialized in Navigation and Operations. He received a BSc (Honors) in Engineering Science from the University of Exeter and an MBA from the London Business School, both in the United Kingdom. He also completed the Nuclear General Course at the Royal Naval Staff College, Greenwich in the United Kingdom.

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