Please see as follows an Organization Announcement made by Brian Webster the CEO of Physi-Control of Changes in our Physio Executive Leadership Team.
Team,
Today I am announcing several organizational changes impacting the Physio Executive Leadership Team.
For the last four years Physio has operated as an independent global company. As such, certain executive roles have been necessary to operate the company effectively. Moving forward as an integrated division of Stryker, the scope of these roles will no longer be necessary. Much of the responsibility of these roles will be absorbed by Stryker corporate functions and Stryker Medical Division leaders.
Therefore, I will be ending my tenure as the Physio-Control President & CEO effective June 30, 2016. Also leaving over the next 30-60 days are Dave Stafford, our Chief Financial Officer (CFO) and Traci Umberger, our Chief Administrative Officer (CAO).
Mitch Parrish who has served as our Chief Operating Officer for the last several years has been promoted to Division President of Physio-Control. Please join me in offering a warm congratulations to Mitch! I have complete confidence in Mitch’s leadership and his commitment to the Physio-Control customers and our Team. Between now and June 30 I will be working with Mitch to transition my duties and responsibilities to ensure a smooth hand-off.
Dave Stafford and Traci Umberger will work with Mitch and the executive team in the coming weeks to transfer their responsibilities to other leaders within Physio/Stryker.
Between the three of us we have served Physio-Control for almost 50 years. We are proud to be leaving Physio in good hands – with a talented and committed executive team, a strong strategy and great momentum in the market. We also have confidence that, across all functions worldwide, the Physio Team is the strongest it has ever been. This team has enjoyed tremendous success over the last four years including market leading double-digit growth over the last two years.
We will always love the company, our mission, our customers, our most of all our Team! We look forward to taking time over the next month to say goodbye.
Please give all of your support and continued commitment to Mitch and the rest of the Physio leadership team.