Peter Masanotti, formerly of Deutsche Bank, is the new CEO at MedQuist Inc. The Mount Laurel, N.J.-based company offers outsourced medical transcription services and transcription/dictation software.
Masanotti most recently served as managing director and global head of business process sourcing at Germanys Deutshe Bank, where he was responsible for labor productivity and efficiency for investment banking. Previously, he was COO and executive vice president at OfficeTiger LLC, an outsourcing firm serving investment banks and large corporations. OfficeTiger is now owned by RR Donnelly and Sons Co., Chicago.
Mark Ivie, who had been serving as MedQuists interim president and CEO, will continue to serve as chief technology officer.
In August, Amsterdam-based Royal Philips Electronics completed the sale of its 69.5% ownership stake in MedQuist to London-based CBaySystems Holdings Ltd. for $287 million.
More information is available at medquist.com.
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