Magnum Staff – Click the Link to the Left to See our AFFILIATES
Randy McDonald—Founder and President of The Magnum Group, Inc.
Mr. McDonald is the founder and president of The Magnum Group, Inc. (Magnum)—the largest business development firm in the ophthalmic market. Since 1995, Magnum has specialized in mergers & acquisitions, licensing, financing and Strategic Alliances. Mr. McDonald has over 30 years of experience in ophthalmic sales, marketing, business development, operations and financing with both Fortune 500 and start-up organizations. He has specific product knowledge, senior-level industry contacts and experience in spectacle, contact and intraocular lenses, refractive surgery, glaucoma, retina, capital/diagnostic equipment, bio-pharmaceuticals and e-commerce services.

Prior to Magnum, Mr. McDonald served as Executive Vice President of DAC Vision, a $50 million company, and the largest US manufacturer of consumable products and supplies for ophthalmic lens fabrication. Previously, he was the first Chief Operating Officer of InnoTech, Inc., an ophthalmic lens manufacturer, which was sold to Johnson & Johnson and is currently owned by Essilor. Mr. McDonald has also held various sales and marketing positions with Bausch & Lomb, Dow Corning, Quantum Labs and Hydrocurve (now part of CIBA Vision).

Mr. McDonald is a co-founder of six startups, including, InnoTech (see above), Quest Vision Technologies, Inc., (an Accommodating Intraocular Lens “IOL” company, which was sold to AMO in 2005); PowerVision, Inc. (a micro-fluidics adjustable Accommodating IOL company, that is Venture funded); and Vision Solutions Technologies, Inc. (a Macular Degeneration IOL Company) that is currently conducting proof of concept studies.

Mr. McDonald holds B.S. degrees in Political Science and History from Kansas State University, has written numerous published articles and spoken at a variety of ophthalmic meetings. He is also a member of the American College of Ophthalmic Surgery and Vision Council.


Jennifer F. Hanson—Administrative Services Manager and Executive Assistant to Mr. McDonald.
Ms. Hanson is responsible for Magnum’s Customer Service, Client Scheduling, Web Site Management, Trade Show and Medical Conference Support, as well as all Administrative needs for the Company. Ms. Hanson has over 12 years experience in executive support and administration including Private Equity, Fund-Raising, Publishing, and Printing. Ms. Hanson studied English Literature at San Francisco State University.
Joan Coda—Accounting Manager.
Ms. Coda is responsible for managing Magnum’s accounting services department. She has over 35 years experience in accounting and management, and previously served as Registrar for the University of San Francisco School of Law as well as Manager of the Equity Line Department for Westamerica Bank. Ms. Coda attended Dominican University majoring in Humanities.