Invacare Corp. cut some of its losses from a rough fiscal 2014, but the company’s CEO nonetheless decided to fire a key executive and take over leadership of the medical equipment manufacturer’s North American businesses.
The Elyria, Ohio-based firm was able to rein in its losses in the first three months of 2015, rebounding slightly from disruptions caused when the Food and Drug Administration forced one of its key manufacturing facilities to significantly scale back operations. On Tuesday, Invacare fired John Remmers, the company’s executive vice president and general manager of North America and global product development since November, according to regulatory filings.
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