Attached files
file | filename |
---|---|
8-K - FORM 8-K - WRIGHT MEDICAL GROUP INC | g21297e8vk.htm |
EX-10.1 - EX-10.1 - WRIGHT MEDICAL GROUP INC | g21297exv10w1.htm |
Exhibit 99.1
FOR IMMEDIATE RELEASE | ||||
Contacts:
|
John K. Bakewell (901) 867-4527 Lance A. Berry (901) 867-4607 |
|||
Wright Medical Group, Inc. Announces
Chief Financial Officer Transition
Chief Financial Officer Transition
ARLINGTON, TENNNovember 16, 2009Wright Medical Group, Inc. (NASDAQ: WMGI), a global
orthopaedic medical device company, today announced the appointment of Lance A. Berry as Senior
Vice President and Chief Financial Officer, effective December 11th. Mr. Berry will replace John
K. Bakewell, who notified Wright that he will resign effective December 11th to accept a position
with another company.
Mr. Berry joined Wright in 2002 and has served as Wrights Vice President and Corporate Controller
with responsibilities for internal and external reporting, global corporate and entity-level
accounting, and the leadership and support of multiple corporate strategic and operational
initiatives over the course of his tenure. Prior to joining Wright, Mr. Berry served as audit
manager with the Memphis office of Arthur Andersen LLP. He received his Masters degree in
Accounting from the University of Mississippi. He is a Certified Public Accountant.
Commenting on Mr. Berrys appointment, Gary D. Henley, President and Chief Executive Officer said,
We are pleased to have someone of Lances caliber and extensive experience within our organization
step into the role of Chief Financial Officer. This is a good example of our management succession
plan preparing us for this event. Throughout the past seven years, Lance has been instrumental in
the Companys success, and we look forward to even greater contributions as we move forward.
Mr. Bakewell, commenting on his departure, stated, Wright is an outstanding company and I am proud
to have contributed to its success during the past nine years. I take great satisfaction in the
legacy of talented financial professionals I am leaving behind who will contribute greatly to
Wrights future. Lance Berry is a particularly outstanding financial executive with whom I have
worked closely, and he is well-prepared for his new role as Chief Financial Officer. I wish my
many friends and colleagues at Wright success now and in the future.
Mr. Henley continued, We are grateful for the many contributions that John has made to Wright,
from the companys days under private equity ownership, through its public market debut and the
significant business-building that has followed. All of us here at Wright wish him well in his new
endeavor.
Wright Medical Group, Inc. is a global orthopaedic medical device company specializing in the
design, manufacture and marketing of reconstructive joint devices and biologics. The Company has
been in business for more than 50 years and markets its products in over 60 countries worldwide.
For more information about Wright Medical, visit the companys website at www.wmt.com.
This press release contains forward-looking statements as defined under U.S. federal securities
laws. These statements reflect managements current knowledge, assumptions, beliefs, estimates,
and expectations and express managements current views of future performance, results, and trends
and may be identified by their use of terms such as anticipate, believe, could, estimate,
expect, intend, may, plan, predict, project, will, and other similar terms.
Forward-looking statements are subject to a number of risks and uncertainties that could cause our
actual results to materially differ from those described in the forward-looking statements. Such
risks and uncertainties include those discussed in our filings with the Securities and Exchange
Commission (including those described in Item 1A of our Annual Report on Form 10-K for the year
ended December 31, 2008,
under the heading, Risk Factors and our subsequently filed Exchange Act reports). Readers should
not place undue reliance on forward-looking statements. Such statements are made as of the date of
this press release, and we undertake no obligation to update such statements after this date.
###
headquarters Wright Medical Technology, Inc. |
5677 Airline Road | Arlington, TN 38002 | 901.867.9971 phone | www.wmt.com |