MANSFIELD, Mass., May 11 /PRNewswire-FirstCall/ -- Tyco Healthcare today announced the promotion of Kevin J. Gould to the newly created position of chief operating officer (COO), effective immediately. Gould, 51, will also retain his current responsibilities as group president of Tyco Healthcare North America -- a position he has held since 1998.
Tyco Healthcare president Rich Meelia, said, "Kevin is a well-respected, proven leader at Tyco Healthcare and I am pleased to have the opportunity to expand his role. He has been personally managing a significant portion of the business for the past several years and this promotion is part of Tyco's strategy to help ensure a smooth and seamless leadership transition upon my eventual retirement."
As COO, Gould will immediately assume operational responsibility for the segment's pharmaceutical and international divisions, as well as the quality assurance, regulatory affairs and manufacturing functions. He will continue to work closely with Meelia to develop and execute Tyco Healthcare's strategic plans.
Meelia continued, "Kevin's impeccable sales instincts, ability to drive results, and his overall business acumen are well known throughout the industry. He will bring those talents to his expanded responsibilities in a way that will help drive continued success in the segment."
Gould originally joined Tyco Healthcare in 1991 as vice president and general manager of Kendall Healthcare's Vascular Therapy Division -- and was subsequently promoted to president of that division in April of 1993. In mid- 1995, he was promoted to president of Kendall Healthcare Products -- a position he held until 1998.
Gould said, "We have sustained a culture of excellence that will serve us well as we build and expand one of the world's leading medical device companies. I look forward to continuing this work with the team at Tyco Healthcare."
Meelia has served as Tyco Healthcare President for nearly a decade, directing the segment's acquisition, integration and product development efforts -- and growing the segment from a stand-alone business to a diverse $9 billion enterprise.
Tyco Healthcare is a major business segment of Tyco International Ltd. . Tyco Healthcare is a leading manufacturer, distributor and servicer of medical devices worldwide. Its broad portfolio includes disposable medical supplies, monitoring equipment, medical instruments and bulk analgesic pharmaceuticals, sold under such names as Auto Suture, Kendall, Mallinckrodt, Nellcor, Puritan Bennett, United States Surgical, Valleylab and others.
Tyco International Ltd. is a global, diversified company that provides vital products and services to customers in five business segments: Fire & Security, Electronics, Healthcare, Engineered Products & Services, and Plastics & Adhesives. With 2004 revenue of $40 billion, Tyco employs approximately 250,000 people worldwide. More information on Tyco can be found at http://www.tyco.com/.
CO: Tyco HealthcareST: MassachusettsIN: HEASU: PER
Tyco HealthcareCONTACT: Shay Studley Toland, +1-508-261-8190, shay.studley-toland@tycohealthcare.com, or David Young, +1-508-261-6330,david.young@tycohealthcare.com, both of Tyco Healthcare
Web site: http://www.tyco.com/
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