Invacare 2006 Annual Report Download - page 32

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North American/HME Operations Square Feet
Ownership
Or Expiration
Date of Lease
Renewal
Options Use
St. Cyr sur Loire, France ..... 538 Own — Offices
Thiene, Italy .............. 21,520 Own — Warehouse and Offices
Tours, France ............. 6,626 Own — Warehouse and Offices
Trondheim, Norway ......... 3,229 December 2007 One (3 yr.) Services and Offices
Witterswil, Switzerland ...... 40,328 March 2015 One (5 yr.) Manufacturing,
Warehouse, and Offices
Item 3. Legal Proceedings.
In the ordinary course of its business, Invacare is a defendant in a number of lawsuits, primarily product
liability actions in which various plaintiffs seek damages for injuries allegedly caused by defective products. All of
the product liability lawsuits have been referred to the company’s insurance carriers and generally are contested
vigorously. The coverage territory of the company’s insurance is worldwide with the exception of those countries
with respect to which, at the time the product is sold for use or at the time a claim is made, the U.S. government has
suspended or prohibited diplomatic or trade relations. Management does not believe that the outcome of any of
these actions will have a material adverse effect upon the company’s business or financial condition.
The company received a subpoena from the U.S. Department of Justice seeking documents relating to three
long-standing and well-known promotional and rebate programs maintained by it. The company believes that the
programs described in the subpoena are in compliance with all applicable laws and the company is cooperating fully
with the government investigation which is currently being conducted out of Washington, D.C.
Item 4. Submission of Matters to a Vote of Security Holders.
During the fourth quarter of 2006, no matter was submitted to a vote of the company’s security holders.
Executive Officers of the Registrant.*
The following table sets forth the names of the executive officers of Invacare, each of whom serves at the
pleasure of the Board of Directors, as well as certain other information.
Name Age Position
A. Malachi Mixon, III .............. 66 Chairman of the Board of Directors and Chief Executive
Officer
Gerald B. Blouch ................. 60 President, Chief Operating Officer and Director
Gregory C. Thompson .............. 51 Senior Vice President and Chief Financial Officer
Dale C. LaPorte .................. 65 Senior Vice President — Business Development, General
Counsel and Secretary
Joseph B. Richey, II ............... 70 President — Invacare Technologies, Senior Vice President —
Electronics and Design Engineering and Director
Louis F.J. Slangen ................. 59 Senior Vice President — Global Market Development
Joseph S. Usaj . ................... 55 Senior Vice President — Human Resources
A. Malachi Mixon, III has been a director since 1979. Mr. Mixon has been Chief Executive Officer since 1979
and Chairman of the Board since 1983 and also served as President until 1996, when Gerald B. Blouch, Chief
Operating Officer, was elected President. Mr. Mixon serves as a director of The Lamson & Sessions Co. (NYSE),
Cleveland, Ohio, a supplier of engineered thermoplastic products, and The Sherwin-Williams Company (NYSE),
Cleveland, Ohio, a manufacturer and distributor of coatings and related products. Mr. Mixon also serves as
I-28
*The description of executive officers is included pursuant to Instruction 3 to Section (b) of Item 401 of Regulation S-K.