Merit Medical Announces Chief Operating Officer Transition
April 21 2022 - 3:05PM
Merit Medical Systems, Inc. (NASDAQ: MMSI), a leading global
manufacturer and marketer of healthcare technology, announced today
that Chief Operating Officer (COO) Ronald A. Frost has decided to
retire for personal reasons. Neil Peterson, Vice President,
Operations, has been appointed as COO, effective immediately.
During his 27 years at Merit, Mr. Peterson has held multiple
positions of increasing responsibility within the company,
including the past five years as Vice President, Operations. In
that position, Mr. Peterson was responsible for oversight of all
operations at Merit’s headquarters facilities in South Jordan,
Utah.
"For more than 30 years, Ron has been an integral part of the
growth and development of our company,” said Fred P. Lampropoulos,
Merit’s President and Chief Executive Officer. "We thank Ron for
his many contributions during his three plus decades of service to
the company and wish him the best in his retirement. Ron will
assist in the transfer of responsibilities to Neil as needed.”
"Given his lengthy service to Merit, including responsibilities
in the company’s engineering and operations groups, Neil is well
qualified to assume responsibility for our global operations,"
continued Lampropoulos. "We are proud to have a deep bench of
talent and thank Neil for stepping into the COO role."
ABOUT MERIT MEDICAL Founded in 1987, Merit Medical
Systems, Inc. is engaged in the development, manufacture, and
distribution of proprietary disposable medical devices used in
interventional, diagnostic, and therapeutic procedures,
particularly in cardiology, radiology, oncology, critical care, and
endoscopy. Merit serves client hospitals worldwide with a domestic
and international sales force and clinical support team totaling in
excess of 500 individuals. Merit employs approximately 6,300 people
worldwide with facilities in South Jordan, Utah; Pearland, Texas;
Richmond, Virginia; Rockland, Massachusetts; Aliso Viejo,
California; Maastricht and Venlo, The Netherlands; Paris, France;
Galway, Ireland; Beijing, China; Tijuana, Mexico; Joinville,
Brazil; Ontario, Canada; Melbourne, Australia; Tokyo, Japan;
Reading, United Kingdom; Johannesburg, South Africa; and
Singapore. TRADEMARKS Unless noted otherwise,
trademarks and registered trademarks used in this release are the
property of Merit Medical Systems, Inc. and its subsidiaries in the
United States and other
jurisdictions. CONTACTS PR/Media
Inquiries Sarah Comstock Merit
Medical +1-801-432-2864 |
sarah.comstock@merit.com INVESTOR
INQUIRIES Mike Piccinino, CFA, IRC Westwicke -
ICR +1-443-213-0509 |
mike.piccinino@westwicke.com
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