TRxADE Health Inc. has drawn together a management team rich in experience, knowledge, and relationships. Our managers and directors have experience and knowledge in every aspect of TRxADE Health’s business. We pride ourselves in our expertise within the pharmaceutical supply chain and in our proactive approach in embracing the new era in our nation’s healthcare system. We have supplemented our own expertise with a deep base of advisers and contractors who are experts in related fields.
Board of Directors
Suren Ajjarapu
Chief Executive Officer
Mr. Suren Ajjarapu has been with TRxADE Health, Inc. as its founder, Chairman/CEO. Mr. Ajjarapu, is an entrepreneur with leadership experience, extensive executive management, and corporate board experience. Mr. Ajjarapu is an accomplished corporate strategist, fundraiser, and marketer. His vision and expertise in business performance have driven notable enterprise growth in the Biofuels and Information Technology sectors. Offering a rare blend of creative and operational strengths, Mr. Ajjarapu has demonstrated the capability to deal with cross-cultural, socio-economic, and geo-political boundaries as well as to expand or launch new businesses on a global basis with a keen sense of time to market.
His strategic approach to developing and executing growth strategies, reducing cost basis, P&L oversight, maintaining business competitiveness, building world-class organizations, and increasing shareholders’ value is reflected in his work as Founder, President, and Director of (AMTX.OB) and as Founder, Chairman and Chief Executive Officer of International Biofuels. After graduating with a Master of Science in Environmental Engineering from South Dakota State University, Brookings, South Dakota, he received his MBA at the University of South Florida, specializing in International Finance and Management. Mr. Ajjarapu is also a graduate of the Venture Capital and Private Equity program at Harvard University. Most recently he served on the board of directors of AE Biofuels, Inc., a public company.
Prashant Patel
Chief Operating Officer and President
Mr. Prashant Patel serves as the Chief Operating Officer and President, bringing a wealth of entrepreneurial acumen and pharmaceutical expertise to his role. As a registered Pharmacist, Mr. Patel has garnered extensive experience across various facets of the pharmaceutical supply chain. His entrepreneurial journey began with the establishment of multiple start-ups, notably in Retail/Community Pharmacy, which later expanded into pharmaceutical distribution and sales, with a strategic emphasis on pharmaceutical disposal and reverse distribution. Over the years, Mr. Patel has lent his expertise as a consultant to several return logistics pharmaceutical companies, contributing valuable insights to the industry.
Mr. Patel’s remarkable vision is dedicated to instilling transparency, efficiency, and cost benefits within the realm of US pharmaceutical channel partners. His distinctive comprehension of the intricate pharmaceutical landscape has played a pivotal role in the creation of some of TRxADE’s most esteemed products and concepts. Holding a Bpharm from the University of Nottingham/UK, Mr. Patel further augmented his educational portfolio by completing an MSC in Transport, Trade & Finance from Cass Business School, City University, UK. His academic achievements and industry insights collectively underscore his commitment to advancing pharmaceutical operations and fostering innovation within the field.
Donald Fell
Director
Donald G. Fell is a member of the Corporate Board of Directors of Fiona. Mr. Fell is an economist with a career interest in environmental economics and economic education. He has taught at Ohio State University, the University of South Florida, and Illinois State University. Currently, he serves as Institute Director and Professor for the Davis, CA-based Foundation for Teaching Economics. He also serves as a corporate director for TRxADE, Inc., a Tampa, FL (US) based pharmaceutical company. He formerly headed the Executive and Professional Education Center at the University of South Florida, where he was a member of the Executive MBA and MBA faculty for fifteen years.
He is past president of the National Association of Economic Educators. Fell has lectured in more than 40 states, the Caribbean, Eastern Europe, Canada and China and has worked as a consultant for Sundstrand Corporation, the University of Costa Rica, PERC – the Bozeman-based think tank, the New York City based Securities Industry Association and Dow Jones & Company as well as legal, medical and financial advising firms. He has appeared on various local and national television outlets discussing a variety of economic issues. Fell earned his undergraduate and graduate degrees in economics from Indiana State University and his ABD in economics from Illinois State University.
Michael Peterson
Director
Mr. Peterson currently serves as the President and CEO of Pedevco Corp (NYSE: PED), a public company engaged primarily in the acquisition, exploration, development, and production of oil and natural gas shale in the US. Mr. Peterson assumed the role of CEO in May 2016 after having served as CFO, Executive Vice President, and President. Mr. Peterson joined Pacific Energy Development as its Executive Vice President and served as a director. Mr. Peterson previously served as a director of Aemetis, Inc., a Cupertino, California-based global advanced biofuels and renewable commodity chemicals company (AMTX), and as Chairman and Chief Executive Officer of Nevo Energy, Inc. (NEVE) (formerly Solargen Energy, Inc.), a Cupertino, California-based developer of utility-scale solar farms which he helped form.
Mr. Peterson founded and served as managing partner of California-based Pascal Management, a manager of hedge and private equity investments. From 2005 to 2006, Mr. Peterson served as a managing partner of American Institutional Partners, a venture investment fund based in Salt Lake City. He served as a First Vice President at Merrill Lynch, where he helped establish a new private client services division to work exclusively with high-net-worth investors. Mr. Peterson was employed by Goldman Sachs & Co. in a variety of positions and roles, including as a Vice President with the responsibility for a team of professionals that advised and managed over $7 billion in assets. Mr. Peterson received his MBA at the Marriott School of Management and a BS in statistics/computer science from Brigham Young University.
Candice Beaumont
Director
Candice Beaumont serves as Chairman of the Salsano Group, a Panama-based family office & conglomerate invested in private equity. She is also Chief Investment Officer of L Investments, a single-family office invested in public and private equity. Ms. Beaumont has been a speaker at numerous conferences globally and is an NYU Stern Family Office Council member serving on the Steering Committee. Ms. Beaumont is a member of the Board of Directors of numerous SPACs including Clean Earth Acquisition Corp. (Nasdaq: CLINU), Israel Acquisitions Corp (Nasdaq: ISRLU) is an Advisor to Athena Technology Acquisition Corp (NYSE: ATHN.U) and Advisor to Springwater Situations Corp. (NASDAQ: SWSSU). She also serves on the board of GoLogiq, Inc. (OTC: GOLQ), a U.S.-based global provider of fintech and consumer data analytics, and is an Advisory Board member of the Family Office Association.
Candice Beaumont started her career in Corporate Finance at Merrill Lynch. Ms. Beaumont worked as an investment banker at Lazard Frères, executing over $20 billion in merger and acquisition advisory assignments. She left Lazard to work as a private equity principal at Argonaut Capital, where she was responsible for all aspects of new investment execution for the firm. Ms. Candice Beaumont attended Rice University and obtained a bachelor’s in business administration from the University of Miami, graduating first in her class with a major in International Finance & Marketing. Candice was Captain of the Miami Varsity Tennis team earning Academic All-American honors and is also a former world-ranked professional tennis player.
Jeff Newell
Director
Mr. Jeff Newell brings over forty years of experience in the healthcare industry. Since May 2003, Mr. Newell has served as the Chief Executive Officer of The Newell Group LLC, a healthcare consulting firm. Before that, he served as the Chief Executive Officer of Pharmacy Quality Solutions, a healthcare quality measuring and reporting company. He also previously served as the Vice President of Pharmacy Administration for Kmart Pharmacy/Sears Holding Corporation, a retail pharmacy, and as Senior Vice President and Chief Compliance Officer for Millennium Long Term Care Pharmacy Systems. Before that, he served in various other healthcare management roles, including serving as Chief Operating Officer of Quality Partners Rhode Island, Corporate Analyst, Pharmacy Supervisor, Director of Pharmacy Programs with CVS, and Co-Owner of Newell’s Pharmacy in New York.
Throughout his career, Mr. Newell has served on many National, State, and Local Boards, within the Healthcare Industry. Mr. Newell is retired and stays active within the industry through his consulting company (The Newell Group LLC). He consults with a select number of companies and individuals and leverages his expertise and vast network to drive improved performance. Mr. Newell is a member of the American Pharmacist Association and Rhode Island Pharmacist Association. He received his Bachelor of Science degree in Pharmacy from Albany College of Pharmacy & Health Sciences.
Trxade Health, Inc. (NASDAQ: MEDS)
Trxade Health, Inc. (NASDAQ: MEDS)