Management Team

Lisa T. Grimes, President and Chief Executive Officer

Lisa has spent the majority of her 30-year career in sales, marketing, and executive management in the healthcare industry. She is the former CEO of InSite Clinical Trials, a site management organization that was acquired by United Healthcare.

In addition, Lisa served as Vice President of Business Development for Pharmaceutical Product Development (Nasdaq: PPD). She was a member of the Executive Advisory Group of Campbell Alliance and its subsidiary, the Pharmaceutical Institute for ten years. Lisa has also served as CEO of AcSentient, a specialty pharmacy company focused on ophthalmics, and Angiomics, an anti-angiogenesis company.

She is Chairman of the Board of Directors of Lighthouse Ministries and a board member of The Caring Community Foundation (a local cancer charity). Lisa graduated from the School of Pharmacy at the University of North Carolina at Chapel Hill.

Timothy L. Krist, MBA, Chief Financial Officer

Tim has over 24 years of finance and accounting experience in public accounting and companies across multiple industries including manufacturing, software and technology, residential real estate and construction, multi-unit retail, telecommunications, and entrepreneurial ventures. He has worked in both public and private companies ranging from start-up to multi-national.

Most recently, Tim served as Chief Financial Officer and Treasurer of Charles & Colvard, Ltd., a publicly traded gemstone and jewelry manufacturer, where during his tenure sales increased 170% and the company became profitable for the first time since 2007. Previously, Tim served as Chief Financial Officer of Smart Online, Inc., a publicly traded company that develops and markets software products and services targeted to small businesses that are delivered via a Software-as-a-Service model; and Director of Finance of KB Home, a national homebuilder.

Tim started his career with the Cleveland office of Deloitte & Touche. He received his Bachelor of Accountancy degree from Miami University (Ohio) and his MBA from Arizona State University. In 2010, Tim was awarded the CFO of the Year Award for a Small Public Company by the Triangle Business Journal.

Alan F. Boyd, MAc, RPh, Chief Operating Officer

Alan brings over 30 years of experience across the healthcare and IT industries. He has worked in large healthcare systems and Fortune 500 companies, as well as being involved in founding several start-up companies. Most of Alan’s career has been spent in sales, operations, and business development in the healthcare industry.

After many years of selling complex clinical and marketing services to the pharmaceutical industry, over the last decade he has focused on developing, operationalizing and selling innovative solutions that utilize sophisticated IT tools to produce efficiencies for healthcare and clinical research clients. He holds Bachelor of Pharmacy and Master of Accounting degrees, both from the University of North Carolina at Chapel Hill. In addition, he was a recipient of both the GSK Public Policy Fellowship and the Burroughs Wellcome Health Economics Fellowship.

Lloyd W. Frick, PhD, Vice President, Biology

Prior to joining PurThread, Lloyd was a consulting advisor to several pharmaceutical companies on drug metabolism and pharmacokinetic (DMPK) issues.

From 2001-2005, he was first Principal Research Investigator, and then Director, DMPK, at Trimeris, Inc. Between 1986 and 2001, he held various research and leadership positions at Burroughs-Wellcome, GlaxoWellcome, and GlaxoSmithKline. From 1982-1986, Lloyd was a post-doctoral fellow studying the chemical mechanisms of enzymes. He holds a PhD in zoology from the University of Hawaii, and a BS in Biology from Brown University.

Russell H. Greenfield, MD, Medical Director

In addition to his role as medical director to PurThread, Russ is Director of Greenfield Integrative Healthcare, PLLC and President of Greenfield Consulting, LLC. He completed his residency training in emergency medicine at Harbor / UCLA Medical Center and subsequently entered into an administrative / teaching fellowship at the same institution.

Russ moved to Charlotte and became involved in the emergency medicine residency program at Carolinas Medical Center, where he was honored as the inaugural recipient of the Golden Apple Award for Excellence in Teaching. He later became one of the first four physicians worldwide to graduate from the Fellowship in Integrative Medicine at The University of Arizona College of Medicine under the direct tutelage of Dr. Andrew Weil.

Russ was a consultant in the development of national model guidelines for the use of complementary and alternative therapies, is co-author of Healthy Child, Whole Child (2nd ed. HarperCollins, 2009), and was founding medical director of Carolinas Integrative Health, a freestanding center in Charlotte, NC owned and operated by the Carolinas HealthCare System.

Russ currently maintains a medical practice in Charlotte, is a clinical professor of medicine at the UNC-Chapel Hill School of Medicine, develops wellness information for shoppers for Harris Teeter, Inc, and consults with other businesses and organizations on integrative wellness initiatives. He has been a frequent guest on The Dr. Oz Show.

David J. Reed, Vice President, Operations

David has over 40 years of experience in the textile business, both with domestic and international customers prior to coming to PurThread. His textile career is broad and has been involved with natural and synthetic fibers and yarns. Throughout his career, David has been directly involved in textile plant/corporate engineering, textile product development, synthetic fiber technical service, and sales for domestic and global companies. The majority of his career has been with industry leading companies: Celanese, Fiber Industries and Wellman. Immediately prior to joinging the PurThread team, David was Sales and Technical Service Manager with David Poole Co.

David has a B.S. degree in Mechanical Engineering from the University of Cincinnati. He has presented papers on the textile industry to the Synthetic Yarn and Fiber Association, Industrial Fabrics Association International, TexTechtil and Southern Textile Association.

Jenifer F. Smyth, Senior Vice President, Business Development

Jenifer brings close to 20 years of experience in the consumer, internet, and industrial spaces, helping companies to market innovative technologies. Prior to PurThread, she was a consultant to start-up businesses, and an Account Director at Studio V Marketing, a boutique firm aiding clients with public relations, influencer marketing, and events. She was previously a Director and Director of Marketing at Foss Manufacturing, a manufacturer of specialty fibers and nonwoven fabrics.

Having held senior positions at (now The Knot) and co-founding the sponsorship group at Excite, Inc., she began her career in the custom-publishing arm of Hachette Filipacchi Magazines. Jenifer was graduated cum laude with a BA in English from Middlebury College.

Board of Directors

Richard S. Bodman, Chairman

Mr. Bodman is an entrepreneurial businessman and investor and currently serves as Managing General Partner of VMS Group, which performs administrative & advisory services for venture capital funds, and General Manager of Bodman Oil & Gas, LLC.

Mr. Bodman served as Assistant Secretary of the U.S. Department of the Interior, and subsequently as Assistant Director of the Office of Management and Budget in The White House. After government service, he joined DuPont and served in several management positions in Textile Fibers and Corporate Finance. He then joined the Communications Satellite Corporation as CFO and subsequently served as President & CEO of COMSAT General Corporation and President of Satellite Television Corporation. He later joined AT&T as Senior VP for Strategy & Development where he co-founded AT&T Ventures, and in 1996 he simultaneously acquired AT&T Ventures and became its Co-Managing Partner, retiring from AT&T.

Mr. Bodman currently serves as Chairman of the Board of Telecom Development Fund. Earlier board service includes Reed Elsevier, Young & Rubicam, Internet Security Systems, Lin Broadcasting, Tyco International, National Housing Partnerships, Sandia National Laboratories, Boys & Girls Clubs of America, Morristown Hospital System and Naples Community Healthcare System. He received a B.S. in Engineering from Princeton University, and an M.S. in Industrial Management from M.I.T. He was a CPA and Partner at Touche Ross & Co.

Lisa T. Grimes, President and Chief Executive Officer

Ms. Grimes is President and Chief Executive Officer of PurThread Technologies, Inc., and has spent the majority of her 28-year career in sales, marketing, and executive management in the healthcare industry. She is the former CEO of InSite Clinical Trials, a site management organization that was acquired by United Healthcare.

In addition, Ms. Grimes served as Vice President of Business Development for Pharmaceutical Product Development (Nasdaq:PPDI), and was as a member of the Executive Advisory Group of Campbell Alliance and its subsidiary, the Pharmaceutical Institute for ten years. Ms. Grimes has also served as CEO of AcSentient, a specialty pharmacy company focused on ophthalmics, and Angiomics, an anti-angiogenesis company.

She is Chairman of the Board of Directors of Lighthouse Ministries and is immediate past Chair of The Caring Community Foundation (a local cancer charity). She is a graduate of the School of Pharmacy at the University of North Carolina at Chapel Hill.

Neal M. Douglas, MBA

Mr. Douglas is an experienced businessman and investor. He has been a Venture Partner at the Telecom Development Fund since 2005. From December 1999 to October 2003, he served as the Managing General Partner of Spectrum Equity Investors, L.P., a venture capital firm investing exclusively in the communications industry. Mr. Douglas was a co-founder of AT&T Ventures, the venture capital affiliate of AT&T Corporation, and has served as a General Partner since January 1993. From May 1989 to January 1993, he was a partner of New Enterprise Associates. Prior to this, he was an investment professional with Crosspoint Venture Partners and was a member of the technical staff at Bell Laboratories.

Mr. Douglas has been involved in financing many communications companies, including Juniper Networks, VeriSign, Covad Communications, Ascend Communications,, TUT Systems, and Netro. Neal holds a B.S. in Electrical Engineering from Cornell University, an M.S. from Stanford University, and an M.B.A. from the University of California at Los Angeles.

Thomas V. Inglesby, MD

Dr. Inglesby is Director of the UPMC Center for Health Security and Associate Professor of Medicine and Public Health at the University of Pittsburgh Schools of Medicine and Public Health. Dr. Inglesby’s work is internationally recognized in the fields of public health preparedness, pandemic flu planning, and biosecurity. He is Chair of the Board of Scientific Counselors, Office of Public Health Preparedness and Response, of the US Centers for Disease Control and Prevention. Dr. Inglesby has been chair or a member of a number of National Academy of Sciences committees; and he has served in an advisory capacity to the Defense Science Board, the Departments of Health and Human Services and Homeland Security, and the National Institutes of Health.

Since 1999, Dr. Inglesby has authored or co-authored more than 80 peer-reviewed articles, reports, and commentaries on a wide range of public health and national security issues. He is Coeditor-in-Chief of the journal Biosecurity and Bioterrorism: Biodefense Strategy, Practice, and Science, which he helped to establish in 2003 as the first peer-reviewed journal in its field. In addition, Dr. Inglesby was principal editor of the 2002 JAMA book Bioterrorism: Guidelines for Medical and Public Health Management.

He completed his internal medicine and infectious diseases training at Johns Hopkins University School of Medicine, where he also served as Assistant Chief of Service in 1996-97. Dr. Inglesby received his MD from Columbia University College of Physicians and Surgeons and his BA from Georgetown University.

Healthcare Advisors

Patrick M. Connor, MD

Dr. Connor is recognized as a leader in the field of sports medicine, and over the last 20 years has authored numerous book chapters and hundreds of articles on the topic. He serves as head team physician for the NFL's Carolina Panthers, the Charlotte Knights (AAA Affiliate of the Chicago White Sox), and Joe Gibbs’ Racing. He is a member of the executive committee of the National Football League Physicians Society (NFLPS), where he served as president from 2009–11. Dr. Connor was recognized as one of the nation’s Top Doctors in US News & World Report for 2012–13.

Dr. Connor is certified as a diplomate, American Board of Orthopaedic Surgeons (ABOS), and has ABOS subspecialty certification in Orthopaedic Sports Medicine. He is on the Peer Review Editorial/Consultant Boards of the Journal of Bone and Joint Surgery, the American Journal of Shoulder and Elbow Surgery, and the American Journal of Sports Medicine.

Dr. Connor attended medical school at the University of Oklahoma, did his residency training at Carolinas Medical Center in the Department of Orthopaedic Surgery, completed a fellowship in shoulder surgery at New York Orthopaedic Hospital, Columbia-Presbyterian Medical Center, and did post-residency training in elbow surgery at the Mayo Clinic in Rochester, Minnesota.

Thomas M. Claffey, MD

Dr. Claffey has over 40 years of experience on the front lines against infectious disease. He is the Infectious Diseases Director at Maine Medical Center and an epidemiologist at Mercy Hospital in Portland, Maine. He is also the President of Intermed, a 55 physician multi-specialty group where he oversees strategy and operations, as well as the Chairman of the Joint Policy Board of UniPhy of Maine. Dr. Claffey serves on the management committee of NOVA Healthcare, and is a member of the Infectious Diseases Society of America, the American Society of Internal Medicine, and the American College of Physicians. Dr. Claffey received his bachelor of science degree cum laude from Boston College, his medical doctor degree from the University of Vermont, and was an intern and resident at Hartford Hospital in Hartford, CT, and a resident and fellow in Infectious Diseases at the University of Iowa.

Melvin F. Hall, PhD

Dr. Hall is the CEO of SpecialtyCare, the world’s leading provider of clinical services to hospitals. SpecialtyCare employs more than 1,500 clinicians who perform over 350,000 surgical procedures annually in more than 825 hospitals and health systems. Prior to taking the helm at SpecialtyCare, Dr. Hall served as President and CEO, and later as Chairman of Press Ganey Associates, Inc.

Dr. Hall has a bachelor of arts in History and Political Science from Taylor University and a Ph.D. in Sociology, Research Methods, and Organizational Development from the University of Notre Dame.

James Moriarty

Mr. Moriarty is an entrepreneur with more than four decades of experience in the pharmaceutical industry. He currently is the Chief Executive Officer and owner of The Synapse Group, Inc., a specialty consulting practice with operations in the United States and Canada. Synapse has helped pioneer programs and processes that address the unique information requirements of medical specialists working in technically-sophisticated fields including organ transplantation, cancer, infectious disease, rheumatology, immunology, cardiovascular disease and vaccines.

Mr. Moriarty spent the first 13 years of his career working for two large multi-national pharmaceutical manufacturers, where he progressed through positions of increasing responsibility in marketing management, new business development, product acquisition and licensing, clinical operations and regulatory affairs. He is a member of the board of directors of BlueRush Media Group Corp. located in Toronto, Canada and Lisoma Canada, a subsidiary of Lisoma International Ltd, a pharmaceutical manufacturer located in the United Kingdom.

Mr. Moriarty received his bachelor of science degree from St. Francis Xavier University.