WARSAW, Ind., Dec 01, 2008 /PRNewswire-FirstCall via COMTEX News Network/ --
Zimmer Holdings, Inc.
(NYSE: ZMH; SWX: ZMH) announced today that Jeffery A. McCaulley has joined the
Company as President, Zimmer Reconstructive. He will have responsibility for
the Company's activities in the reconstructive devices market, including
Global Marketing and Americas Sales. Mr. McCaulley will report to David
Dvorak, Zimmer Holdings President and Chief Executive Officer.
"Jeff has a tremendous background from a variety of health care settings
and has established an outstanding record for building businesses," said Mr.
Dvorak. "The Reconstructive category represents the great majority of our
annual revenues and the market is expected to remain a growth opportunity
given the aging of the population and other societal factors. We are excited
to have Jeff apply his skills and experiences to our effort to build momentum
and long-term leadership in reconstructive devices."
Mr. McCaulley most recently served as President and Chief Executive
Officer of the Health Division of Wolters Kluwer, the leading provider of
scientific information and workflow solutions for healthcare professionals,
providers, payors and the pharmaceutical industry. Prior to joining Wolters
Kluwer in 2004, he served three years as Vice President and General Manager of
the Diabetes Division of Medtronic, Inc. He began his medical devices career
in 1989 with General Electric Medical Systems, where he held positions of
increasing responsibility in sales, marketing and general management, last
serving as President and CEO of GE Clinical Services.
A graduate of the University of Cincinnati with a Bachelor of Science in
Aerospace Engineering, Mr. McCaulley also holds an MBA from the Owen Graduate
School of Management at Vanderbilt University.
"I'm looking forward to being a part of the Zimmer team and building on
the Company's historic strengths in the reconstructive market," said Mr.
McCaulley. "I regard this as an excellent opportunity to help Zimmer reassert
itself and build for sustainable growth. Zimmer has tremendous assets --
great people, a legendary sales force and advanced technologies -- that can be
leveraged for real competitive advantage."
About the Company
Founded in 1927 and headquartered in Warsaw, Indiana, Zimmer designs,
develops, manufactures and markets orthopaedic reconstructive, spinal and
trauma devices, dental implants, and related orthopaedic surgical products.
Zimmer has operations in more than 25 countries around the world and sells
products in more than 100 countries. Zimmer's 2007 sales were approximately
$3.9 billion. The Company is supported by the efforts of approximately 8,500
employees worldwide.
For more information about Zimmer, visit www.zimmer.com
Zimmer Safe Harbor Statement
This press release contains forward-looking statements within the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995
based on current expectations, estimates, forecasts and projections about the
orthopaedics industry, management's beliefs and assumptions made by
management. Forward-looking statements may be identified by the use of
forward-looking terms such as "may," "will," "expects," "believes,"
"anticipates," "plans," "estimates," "projects," "assumes," "guides,"
"targets," "forecasts," and "seeks" or the negative of such terms or other
variations on such terms or comparable terminology. These statements are not
guarantees of future performance and involve risks, uncertainties and
assumptions that could cause actual outcomes and results to differ materially.
For a list and description of such risks and uncertainties, see our periodic
reports filed with the U.S. Securities and Exchange Commission. We disclaim
any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise, except as may be set forth in our periodic reports. Readers of
this document are cautioned not to place undue reliance on these
forward-looking statements, since, while we believe the assumptions on which
the forward-looking statements are based are reasonable, there can be no
assurance that these forward-looking statements will prove to be accurate.
This cautionary statement is applicable to all forward-looking statements
contained in this document.
SOURCE Zimmer Holdings, Inc.
http://www.zimmer.com
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