Invacare 2014 Annual Report Download - page 37

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I-33
certification and unspecified damages and attorneys' fees for participants in the Company's stock fund of the 401(k) Plan between
July 22, 2010 and the present. This lawsuit has been referred to the Company's insurance carriers. The Company intends to
vigorously defend this lawsuit.
Additional information regarding the Company's commitments and contingencies is included in Item 7. Management's
Discussion and Analysis of Financial Condition and Results of Operations and in Contingencies in the Notes to the Condensed
Consolidated Financial Statements included in this Annual Report on Form 10-K.
Item 4. Mine Safety Disclosures.
None.
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
Matthew E. Monaghan** . . . 47 Appointed President and Chief Executive Officer
Robert K. Gudbranson. . . . . . 51 Interim President and Chief Executive Officer
Senior Vice President, Chief Financial Officer and Treasurer
Anthony C. LaPlaca. . . . . . . . 56 Senior Vice President, General Counsel and Secretary
John M. Remmers . . . . . . . . . 53 Executive Vice President & General Manager, North America and Global Product
Development
Patricia A. Stumpp. . . . . . . . . 53 Senior Vice President—Human Resources
________________________
* The description of executive officers is included pursuant to Instruction 3 to Section (b) of Item 401 of Regulation S-K.
** Effective April 1, 2015.
Matthew E. Monaghan was appointed as President and Chief Executive Officer, effective April 1, 2015. Since January
2014, Mr. Monaghan has served as Senior Vice President, Global Hips and Reconstructive Research of Zimmer Holdings, Inc.
(NYSE: ZMH) where he has led the global hips business and large joint reconstruction research. He has been responsible for the
division’s new product development, engineering, clinical studies, quality, regulatory affairs and marketing functions. From
December 2009 to January 2014, Mr. Monaghan served as Vice President and General Manager, Global Hips Business of Zimmer.
Prior to joining Zimmer in 2009, Mr. Monaghan spent eight years as an operating executive for two leading private equity firms,
Texas Pacific Group (TPG) and Cerberus Capital Management, where he led acquisitions and operational improvements of portfolio
companies. Over the prior 13 years, Mr. Monaghan held various positions at General Electric Company (NYSE: GE).
Robert K. Gudbranson was appointed Interim President and Chief Executive Officer on August 1, 2014 and has been
Senior Vice President and Chief Financial Officer since April 2008. From October 2005 until his appointment at Invacare,
Mr. Gudbranson served as Vice President of Strategic Planning and Acquisitions at Lincoln Electric Holdings, Inc. (NASDAQ:
LECO), a global manufacturer of welding, brazing and soldering products located in Cleveland, Ohio. Prior to joining Lincoln
Electric, Mr. Gudbranson served as Director of Business Development and Investor Relations at Invacare from June 2002 to
October 2005. Mr. Gudbranson has also served as Invacare’s Assistant Treasurer and as the European Finance Director.
Anthony C. LaPlaca was appointed Senior Vice President, General Counsel and Secretary effective January 2009.
Previously, Mr. LaPlaca served as Vice President and General Counsel for six and a half years with Bendix Commercial Vehicle
Systems LLC, a member of the Knorr-Bremse group, a supplier of commercial vehicle safety systems. Prior to that, he served as
Vice President and General Counsel to Honeywell Transportation & Power Systems and General Counsel to Honeywell
Commercial Vehicle Systems LLC.
John M. Remmers was appointed Executive Vice President & General Manager, North America and Global Product
Development in March 2014. From September 2010 to March 2014, he served as the Company's Senior Vice President, Global
Supply Chain and Operations. From March 2007 until September 2010, Mr. Remmers was Executive Vice President and General
Manager at TTI Floor Care where he was responsible for select business units, product marketing, engineering, operations and
supply chain. Prior to that, he spent thirteen years with Robert Bosch Tool Corporation, where he served as the Sr. Vice President
of New Product Development. Mr. Remmers holds a B.S. in Metallurgical Engineering from Missouri University of Science and
Technology and obtained his M.B.A. from the University of Chicago’s Booth School of Business.