Spectral AI Names Former Solo Brands Exec as Its Next CFO

David McGuire [Photo: LinkedIn]

Dallas-based Spectral AI (Nasdaq: MDAI),an artificial intelligence company focused on medical diagnostics for faster and more accurate treatment decisions in wound care, has appointed David McGuire as the company’s chief financial officer, effective May 4.

CEO Vincent S. Capone called McGuire’s appointment “another important step in strengthening Spectral AI’s financial leadership and strategic readiness as we prepare for commercialization of the DeepView System.”

“David is a seasoned public company executive with experience in global markets, finance, financial planning and analysis and internal controls, and we’re excited to welcome him to our team,” Capone added in a statement. “His appointment underscores our commitment to strong financial governance.”

Capone had been Spectral AI’s CFO and general counsel before being promoted to CEO in February.

Spectral AI focuses on medical diagnostics for treatment decisions in wound care with its AI-enhanced technology called DeepView. The company has also developed DeepView SnapShot M, a handheld diagnostic tool for use in battlefield burn assessment.

Former chief accounting officer at Solo Brands

McGuire brings to Spectral AI more than 20 years of experience in finance and accounting, the company said, including Sarbanes-Oxley 404 and financial reporting, investor relations, financial planning and analysis, capital markets activities, finance transformation, and tax matters, with a track record of scaling finance organizations and enhancing financial infrastructure in growing companies.

Prior to joining Spectral AI, he served as the chief accounting officer of Grapevine-based Solo Brands, a publicly-traded consumer products company, where he was responsible for overseeing the accounting, financial reporting, internal controls, and tax functions, while also supporting broader finance and operational initiatives to scale its public company infrastructure.

Prior to Solo Brands, he served as deputy CFO and chief accounting officer of EZCORP, Inc., a multi-national, publicly-traded provider of consumer retail transactions and consumer financial services, where he was responsible for financial operations and played a key role in capital markets activities and broader strategic initiatives.

McGuire began his career at Ernst & Young, where he assumed positions of increasing responsibility over a 14-year career. Spectral AI noted. He holds a bachelor of business administration and a master in professional accounting from The University of Texas at Austin and is a certified public accountant.

“I’m honored and excited to assume the role of CFO at this pivotal time in the company’s history,” McGuire said. “I look forward to collaborating with a talented team to advance our strategic priorities and enhance long-term shareholder value.”