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Beyond Air Appoints Robert Goodman as its CEO

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Beyond Air has appointed Robert Goodman as its new Chief Executive Officer, following the resignation of long-time CEO Steve Lisi, marking a significant leadership transition for the medical device and biopharmaceutical firm.

Lisi stepped down from both his executive role and the company’s board, bringing to a close nearly a decade of leadership during which he guided the company through critical phases of product development and commercialization.

During his nine-year tenure, Lisi played a central role in advancing the company’s flagship LungFit PH system, a nitric oxide-based technology designed to treat neonatal hypoxic respiratory failure.

The product secured both regulatory approval from the U.S. Food and Drug Administration and CE Mark certification, positioning the company as a player in specialized respiratory care.

Under his leadership, Beyond Air also transitioned into a commercial-stage organization, expanding its focus to explore nitric oxide applications across respiratory, neurological, and oncology segments.

Goodman’s appointment reflects a continuity-driven approach, with the company choosing a leader already embedded within its strategic and operational framework.

Having served as Chief Commercial Officer and a board member, Goodman brings familiarity with the company’s growth agenda and product pipeline. He joined the board in mid-2025 and moved into a commercial leadership role later that year.

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His prior experience spans senior roles at BioTelemetry, Philips Healthcare, Thermo Fisher Scientific, and Pfizer. He also serves on the board of Fourth Frontier and is a retired U.S. Army officer.

In his statement, Goodman emphasized opportunities to expand the adoption of nitric oxide technology across both domestic and international markets.

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The leadership change comes at a challenging yet pivotal moment for Beyond Air.

The company currently operates with a relatively modest market capitalisation and has faced pressure in public markets, with its stock trading near its yearly lows. Despite these headwinds, analysts have indicated potential for revenue growth and a pathway to profitability in the near term.

 

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Recent financial updates suggest progress, including improved revenues and reduced operating costs, though the company continues to report net losses.

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