![David McDonald](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
David McDonald
Director/Board Member at
NUWELLIS, INC.
Net worth: - $ as of 2026-05-30
Profile
David Allan McDonald is the founder of Cornerstone Healthcare Advisors LLC, founded in 2005.
Mr. McDonald is an Independent Director at Nuwellis, Inc. since 2023.
Former positions include Independent Non-Executive Director at Nuwellis, Inc. from 2023 to 2026; Managing Director at RBC Capital Markets LLC; Managing Director at RBC Capital Markets LLC (Investment Management) from 2000 to 2005; Executive Vice President-Business Development at Delcath Systems, Inc. from 2011 to 2013; Head of Medical Technology Investment Banking at Cain Brothers & Co. LLC.
from 2005 to 2007; Vice President & General Manager at AgriStarts, Inc.; Senior Financial & Business Development Executive at SillaJen Biotherapeutics, Inc. from 2013 to 2015; Senior Vice President-Business Development at AngioDynamics, Inc. from 2008 to 2009; Senior Vice President at Investment Advisers, Inc. from 1994 to 2000.
Education includes an undergraduate degree from St. Olaf College, conferred in 1982.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
NUWELLIS, INC. -.--% | 2026-04-27 | 0 ( -.--% ) | - $ | 2026-05-30 |
David McDonald active positions
| Companies | Position | Start |
|---|---|---|
| NUWELLIS, INC. | Director/Board Member | 2023-10-31 |
Cornerstone Healthcare Advisors LLC | Founder | 2010-09-28 |
Former positions of David McDonald
| Companies | Position | End |
|---|---|---|
| NUWELLIS, INC. | Director/Board Member | 2026-01-20 |
SillaJen Biotherapeutics, Inc.
 SillaJen Biotherapeutics, Inc. Miscellaneous Commercial ServicesCommercial Services Operates as a biotechnology company provides clinical research and development services | Corporate Officer/Principal | 2015-11-30 |
| DELCATH SYSTEMS, INC. | Director of Finance/CFO | 2011-09-26 |
| ANGIODYNAMICS, INC. | Corporate Officer/Principal | 2009-08-31 |
Cain Brothers & Co. LLC
 Cain Brothers & Co. LLC Investment Banks/BrokersFinance Provides investment banking and financial advisory services to the healthcare industry | Corporate Officer/Principal | 2007-04-30 |
Training of David McDonald
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
69
1st degree connections
11
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 11 |
|---|---|
Delcath Systems, Inc.
 Delcath Systems, Inc. Medical SpecialtiesHealth Technology Develops and manufactures drugs for treatment of cancer | Health Technology |
Cain Brothers & Co. LLC
Cain Brothers & Co. LLC Investment Banks/BrokersFinance Provides investment banking and financial advisory services to the healthcare industry | Finance |
Nuwellis, Inc.
 Nuwellis, Inc. Medical SpecialtiesHealth Technology Develops heart assist devices | Health Technology |
SillaJen Biotherapeutics, Inc.
SillaJen Biotherapeutics, Inc. Miscellaneous Commercial ServicesCommercial Services Operates as a biotechnology company provides clinical research and development services | Commercial Services |
Investment Advisers, Inc.
 Investment Advisers, Inc. Investment ManagersFinance Provides investment and other related financial services | Finance |
AngioDynamics, Inc.
 AngioDynamics, Inc. Medical SpecialtiesHealth Technology Manufactures medical devices used by radiologists, vascular surgeons and other physicians | Health Technology |
St. Olaf College
 St. Olaf College Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
RBC Capital Markets LLC
 RBC Capital Markets LLC Investment Banks/BrokersFinance Provides brokerage services | Finance |
AgriStarts, Inc.
 AgriStarts, Inc. Agricultural Commodities/MillingProcess Industries Produces and sells tissue culture liners | Process Industries |
RBC Capital Markets LLC (Investment Management)
 RBC Capital Markets LLC (Investment Management) Investment ManagersFinance RBC-IM uses a multi-manager, multi-asset-class approach that provides a range of strategies and investment vehicles and styles to ensure the appropriate diversification of investments. Investment strategies and asset mix used in the construction of portfolios may include a variety of securities including, but not limited to eligible equity securities (both foreign and domestic), investment grade bonds, escrowed to maturity bonds and fully pre-refunded bonds (both taxable and non-taxable), and wrap-eligible mutual funds and ETPs. | Finance |
Cornerstone Healthcare Advisors LLC |
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