ANDOVER, Mass., June 21 /PRNewswire-FirstCall/ -- Smith & Nephew’s Endoscopy division today announced the appointment of Michael G. Frazzette as President. In addition, he was also appointed a member of Smith & Nephew’s Group Executive Committee.
Mr. Frazzette, 44, joins Smith & Nephew with 20 years of sales, marketing and executive leadership experience. Most recently he served as President & CEO of MicroGroup Inc. (Medway, Mass.), a private, equity-owned contract manufacturer of medical devices. Prior to that, he spent 16 years at TYCO Healthcare, including three years each as President of their Patient Care and Health Systems Divisions.
Smith & Nephew COO David Illingworth said, “Smith & Nephew is fortunate to have added an individual of Mike’s caliber and background to lead our Endoscopy Division. With a clear understanding of the health care market, Mike will be instrumental in helping us build an even stronger leadership position in the arthroscopic marketplace. I look forward to his contributions.”
Mr. Frazzette will start his new position on July 5, and will be based at the Endoscopy Division headquarters in Andover. He replaces former division president Jim Taylor, who left the company earlier this year to pursue other business opportunities.
Mr. Frazzette received his B.A. degree in Chemistry from Whittier College, Whittier, Calif. He currently resides in Franklin, Mass., with his wife and three children.
About Smith & Nephew:
Smith & Nephew (http://www.smith-nephew.com) is a global medical technology business, specializing in Endoscopy, Orthopaedic Reconstruction, Orthopaedic Trauma and Advanced Wound Management products. Smith & Nephew is a global leader in arthroscopy and advanced wound management and is one of the leading global orthopaedics companies.
Smith & Nephew is dedicated to helping improve people’s lives. The company prides itself on the strength of its relationships with its surgeon and professional healthcare customers, with whom its name is synonymous with the highest standards of performance, innovation and trust. The company has more than 8,500 employees and operates in 33 countries around the world and generated sales of nearly $2.6 billion.
This press release contains certain “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. In particular, statements regarding planned growth in our business and in our trading margins discussed under “Outlook” are forward-looking statements as are discussions of our product pipeline. These statements, as well as the phrases “aim”, “plan”, “intend”, “anticipate”, “well-placed”, “believe”, “estimate”, “expect”, “target”, “consider” and similar expressions, are generally intended to identify forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors (including, but not limited to, the outcome of litigation and regulatory approvals) that could cause the actual results, performance or achievements of Smith & Nephew, or industry results, to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Please refer to the documents that Smith & Nephew has filed with the U.S. Securities and Exchange Commission under the U.S. Securities Exchange Act of 1934, as amended, including Smith & Nephew’s most recent annual report on Form 20F, for a discussion of certain of these factors.
All forward-looking statements in this press release are based on information available to Smith & Nephew as of the date hereof. All written or oral forward-looking statements attributable to Smith & Nephew or any person acting on behalf of Smith & Nephew are expressly qualified in their entirety by the foregoing. Smith & Nephew does not undertake any obligation to update or revise any forward-looking statement contained herein to reflect any change in Smith & Nephew’s expectation with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
Contact: Joe Metzger Smith & Nephew Endoscopy (978) 749-1330 (978) 273-5187 cell
Smith & Nephew
CONTACT: Joe Metzger of Smith & Nephew Endoscopy, +1-978-749-1330, orcell: +1-978-273-5187
Web site: http://www.smith-nephew.com/
