Invacare 2015 Annual Report Download - page 39

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I-33
administration and maintenance of the company stock fund in the company’s Retirement Savings Plan (401(k) Plan). The lawsuit
seeks class 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. On August 28, 2015, the Court limited plaintiff’s claim to the time period between
July 22, 2010 and December 8, 2011. 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 the company, each of whom serves at the pleasure of
the Board of Directors, as well as certain other information.
Name Age Position
Matthew E. Monaghan . . . . . 48 Chairman, President and Chief Executive Officer
Robert K. Gudbranson. . . . . . 52 Senior Vice President and Chief Financial Officer
Dean J. Childers. . . . . . . . . . . 49 Senior Vice President and General Manager, North America
Anthony C. LaPlaca. . . . . . . . 57 Senior Vice President, General Counsel and Secretary
Patricia A. Stumpp. . . . . . . . . 54 Senior Vice President, Human Resources
Gordon Sutherland. . . . . . . . . 57 Senior Vice President and General Manager, Europe, Middle East & Africa
________________________
* The description of executive officers is included pursuant to Instruction 3 to Section (b) of Item 401 of Regulation S-K.
Matthew E. Monaghan was appointed as the company’s President and Chief Executive Officer effective April 1, 2015 and
was elected Chairman of the Board in May 2015. Prior to joining Invacare, Mr. Monaghan served as a business unit leader at
Zimmer Holdings (now Zimmer Biomet NYSE: ZBH), a major orthopedic implant company, serving first as Vice President and
General Manager of the company's Global Hips business (December 2009 to January 2014) and later as Senior Vice President of
Hips and Reconstructive Research (January 2014 until joining Invacare). 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. For the first 13 years of his career,
Mr. Monaghan held various engineering, financial and management positions at General Electric (NYSE: GE).
Robert K. Gudbranson has been the Senior Vice President and Chief Financial Officer since April 2008 and served as
Interim President and Chief Executive Officer from August 1, 2014 until April 1, 2015. 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.
Dean J. Childers joined the company as Senior Vice President - Strategic Initiatives in May 2015 and was appointed Senior
Vice President and General Manager, North America in June 2015. Prior to joining Invacare, Mr. Childers served as Vice President,
Business Operations at Integra Lifesciences, Inc. (NASDAQ: IART), a life science company focused on regenerative technologies
and orthopedics, from September 2014 until May 2015. From 2010 through September 2014, Mr. Childers served as Vice President,
Logistics at Zimmer Holdings (now Zimmer Biomet NYSE: ZBH), a major orthopedic implant company. Mr. Childers holds a
B.S. Accountancy from the University of Missouri-Columbia and an MBA with concentration in International Business from St.
Louis University.
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.